STRonomics cover image

STRonomics

Everything has Changed.

Apr 25, 2024
28:29

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries.


In this episode of STRonomics, hosts Bill Faeth and Kenny Bedwell explore effective investment strategies for short-term rental hosts amidst the challenges of increased regulation, market saturation, and rising interest rates. The discussion covers the importance of dynamic pricing, understanding property value within the market, and strategically managing minimum night stays to boost booking rates and revenue. Insights from their experiences and tips for maximizing occupancy and profit, especially during the off-peak seasons, are shared.


00:00 Navigating the Complex World of Short-Term Rentals

00:28 Introducing Market My STR: The Ultimate Marketing Platform

01:36 Deep Dive into Pricing Strategies for Short-Term Rentals

04:46 Understanding Property Types and Their Impact on Pricing

13:47 The Importance of Tracking and Adjusting Your Pricing Strategy

19:58 Exploring Minimum Night Stays and Their Effect on Bookings

25:46 Tailoring Pricing Strategies to Individual Properties

27:27 Closing Thoughts and Contact Information


We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/

Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

STR Data Hosts Facebook Page

Instagram: Kenny_Bedwell

You can find more of Bill online at:

Bill Faeth Linktreehttps://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1

Build STR Wealthhttps://buildstrwealth.com/

Instagram: @BillFaeth73

Tik Tok: @bfaeth

Learn more about your ad choices. Visit megaphone.fm/adchoices

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