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994: Airbnb Has Changed: Make More Money Even with Regulations & New Competition w/Rent to Retirement CEO

BiggerPockets Real Estate Podcast

NOTE

Ask and Incentivize for Stars

Five-star reviews are critical for standing out in the hospitality market. Actively requesting these reviews and providing reasons for guests to leave them significantly boosts your reputation. Repeat business is essential, as it accounts for 30% of transactions, making loyalty a priority. Collecting guest information, even through simple actions like accessing Wi-Fi, allows for effective future marketing without overwhelming clients, ensuring that potential customers are inclined to return when planning future trips.

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