Travel has changed in the pandemic era. While it’s harder to make plans in advance, many are taking advantage of the ability to work from anywhere and driving to nearby sun-and-snow destinations. So, what can we do to learn how our particular market has changed and adjust our pricing to take advantage of these trends?
Andrew Kitchell is the Founder and CEO of Wheelhouse, a platform designed to help short-term rental hosts manage their units as professionally and efficiently as a major hotel. The Wheelhouse software offers revenue management tools and market insight reports to support STR operators in creating a custom pricing strategy that works for their business. Andrew is a serial entrepreneur with more than a decade of experience building startups in the vacation rental and real estate data space.
On this episode of Get Paid for Your Pad, Andrew joins me to discuss how COVID is driving travel trends in 2021. He describes how lead times have shifted, explaining how to analyze lead time data for your market and adjust your pricing accordingly. Listen in for Andrew’s insight on how length-of-stay patterns have changed and learn how to leverage dynamic minimum stays to fill gaps in your calendar and maximize your revenue in the new year!
How COVID is driving travel trends in 2021
How Andrew defines lead time for short-term rentals
How to analyze lead time data for your market
How lead times have changed in 2021
What Airbnb host accommodations are earning more revenue
How length-of-stay patterns have changed in 2021
How to maximize STR revenue with dynamic minimum stays
How to deal with gaps in your STR calendar
The new features available through Wheelhouse
Wheelhouse [Referral Code PAD]
Email andrew@usewheelhouse.com
Pet-Friendly STRs on GPFYP EP358
Airbnb Cancellation Policy Trends
Andrew’s Demo Videos
Email jasper@getpaidforyourpad.com
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