289. Hosting Hacks: Our Favorite Tools for STR Success
Sep 14, 2023
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Founders and CEOs of top hosting brands like HostGPo, Hostfully, Breezeway, and PriceLabs share behind-the-scenes stories and discuss how their solutions can help hosts book more, communicate better, and make data-driven decisions. Other topics covered include insurance, financing, marketing, and monitoring. They also highlight the importance of checklists, strategic partnerships, networking, choosing the right property management software, regulations, advocacy, maximizing ROI, insurance coverage, and using tools for short-term rental success.
Using Breezeway's app can streamline property management tasks and save time for hosts.
Building partnerships with trusted brands like HostGPO, Hostfully, and PriceLabs can enhance guest experiences and improve business operations for hosts.
Price Labs is a valuable tool for hosts to optimize pricing strategies and increase revenue by actively managing and utilizing its features.
Deep dives
TFBCon: The Annual Short-Term Rental Conference
TFBCon is an annual short-term rental conference held in Columbus, Ohio. The conference offers a variety of workshops and sessions on topics such as search engine optimization, raising capital for rental deals, social media advertising, co-hosting strategies, and design. It also provides opportunities for networking, sharing ideas, and building relationships with sponsors. The conference aims to provide valuable insights and practical advice for hosts looking to grow their hosting businesses.
The Importance of Checklists in Short-Term Rentals
Using a checklist to manage turnover tasks is crucial for hosts to ensure a smooth and consistent guest experience. Breezeway offers an easy-to-use app that automates and coordinates detailed work at each property, such as scheduling, checklists, guest messaging, and maintenance reminders. By utilizing Breezeway's platform, hosts can maintain their property's image, ensure consistency, and save time by having all property management tasks in one place.
Building Partnerships in the Short-Term Rental Industry
Thanks for Visiting highlights the importance of building partnerships with trusted brands and service providers in the short-term rental industry. HostGPO, Hostfully, Breezeway, Rent Responsibly, Manoa, NoiseAware, PriceLabs, Relay, LFG Lending, Superhog, STR Insights, Savvy STR Agents, and Can Monkey are all mentioned as valuable partners that can help hosts improve their business operations, gain insights, enhance guest experiences, and protect their investments. Each partner offers unique solutions and expertise tailored to the needs of short-term rental hosts.
Price Labs: A Game Changer for Your Business
Price Labs is an essential tool for hosts looking to optimize their pricing strategy. By utilizing dynamic pricing, hosts can significantly increase their revenue. One host, Tan Yeruni, saw her rates jump from $250 a night to $650 a night when an event was coming to town. Trusting Price Labs paid off, and she continues to charge that rate. The key is to actively manage and work alongside Price Labs to make the most of its features and maximize your business's potential.
Short Term Shop: A Trusted Service for Investors
Avery Carl, a renowned short-term rental educator, offers the Short Term Shop. This brokered service helps investors find and analyze vacation rental properties in hot markets. Not only does Avery assist in locating profitable rentals, but she also provides guidance on property operation for long-term success. The Short Term Shop is a trusted resource for those seeking an agent with expertise in short-term rentals.
Hello listeners! This week, we are highlighting preferred partners who help us operate our successful short-term rental businesses. From hospitality services to insurance providers and data analytics companies, we share behind-the-scenes stories of meeting founders and CEOs of top hosting brands like HostGPo, Hostfully, Breezeway, and PriceLabs.
We explain how each partner solves key challenges for hosts whether you're just starting out with one property or managing a large portfolio. You'll learn how these solutions can help you book more, communicate better, keep properties running smoothly, and make data-driven decisions.
Other topics covered include insurance, financing, marketing, and monitoring. Tune in to discover new tools to level up your rental business and buy you back some time!