61: Short-Term Rental Legends, Eric Moeller, Drive-In Markets are Thriving Markets!

The Short Term Rental Profits Show

Вміст надано Air DNA, Homee, InvitedHome, Garrett Sutton, Vacation Rental Management Association, Meyers Research, Air DNA, Garrett Sutton, and Vacation Rental Management Ass. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Air DNA, Homee, InvitedHome, Garrett Sutton, Vacation Rental Management Association, Meyers Research, Air DNA, Garrett Sutton, and Vacation Rental Management Ass або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

3+ y ago 34:58

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Obviously, 2020 was a rough ride for most businesses, particularly those included in the travel industry. Eric Moeller, CEO & Co-Founder of STR Legends, gives us a peek into his business through 2020 in the Short Term Rental market. STRs aren't just about the real estate business but also hospitality. Airbnb made some massive decisions to cater to the guests' needs and not so much their partners in business, the hosts. These hospitality decisions shifted how STRs had to operate to maintain high occupancy.

Key Takeaways:

[2:20] In one year, the industry collapsed, there was speculation of AirBnB collapsing, and now a year later, the business model has changed, specifically the length of stay.

[3:30] The urban markets have collapsed since COVID-19.

[5:00] Have the operators given cuts for longer stays?

[6:21] "30 Day Stays"

[9:55] "Home Instead of Home"

[12:30] Markets outside of major cities are doing 98% occupancy.

[13:15] Tiny home experiential markets, for the 30 Day Stay

[16:10] AirBnB decisions were being made to prop up their IPO rather than worry about their hosts.

[23:00] Even Google is trying to get into the short term rental market.

[25:20] Airbnb is a great place for building your business compared to other OTAs (online travel agency)

Websites:

JasonHartman.com

1-800-HARTMAN

STRLegends.com

STRProfitAcademy.com

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