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Quick Tip: Boost your Bookings by 15%
Here's a simple trick we implemented that led to a surprising boost in bookings: ​ We added a single line to all our property descriptions on Airbnb: "Message us & ask about our early check-in/out options" ​ The results? - 15-30% increase in booking inquiries - SEO Boost on Airbnb platform - My properties went from the 3rd page to 1st page of search results on Airbnb ​ Why it works: Airbnb has implemented what they call the "interest" algorithm that will determine how high up on the search results your property is found. ​ Airbnb tracks how many users are clicking into your listing & how many messages/inquiries you are receiving. The more people that click on your property and send you a message - the better SEO boost you receive. ​ This CTA is a very simple yet effective way to have Airbnb direct your listing more traffic. This CTA is just an example but you could also prompt guests to ask about a specific amenity that you offer, a local attraction, or upsell services you offer. ​ There are many tips & tricks you can utilize to drive more traffic to your property which result in more books & more $$. ​ Have you tried something similar? What small change made a big impact on your STR business? ​
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Airbnb gives 80/20 rule.
Airbnb gives 80% of it's business to the top 20% of hosts in any market. When you understand what Airbnb is looking for, they will give you enough business to help your calendar stay booked year round at the highest rates in your market It feels good to see months like this regularly 😍
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Airbnb gives 80/20 rule.
Scaling your Biz
When I started my Airbnb journey in 2020, I never imagined that within a few years, I'd be managing properties in multiple Colombian cities, USA, and Brazil. ​ Here's a recap of some key lessons I learned along the way: ​ Phase 1: ​ I spent my first three years focused entirely on Colombia. ​ Here's why: 1. Deep Market Understanding: I became an expert in Colombian tourism trends, local regulations, and cultural nuances relating to the short-term rental market. ​ 2. Network Building: I developed strong relationships with local service providers, which proved invaluable for scaling. ​ 3. Brand Establishment: My team and I built a strong reputation in Medellín, which opened doors for us to take on new clients. ​ Expanding into more than one market taught me: - Each city, even within the same country, has its unique market dynamics. ​ - Success in one location doesn't guarantee success in another. We had to adapt our strategies for each new city. ​ - Having a strong home base (Medellín) provided the financial stability to experiment in new markets. ​ Phase 2: Expanding into the US ​ After solidifying our presence in Colombia, we focused on working with clients based in the US, providing Cohosting & Property Management services for homeowners. ​ Key takeaways: ​ 1. Our experience in Colombia was both an asset and a challenge. We had to unlearn some practices that didn't apply to the US market. ​ 2. The regulatory landscape in the USA was far more complex. We invested heavily in legal counsel to ensure compliance. ​ 3. Remote management became crucial. We refined our systems to operate effectively across time zones. ​ The ability to adapt allowed us to provide world class service to our clients by maximizing the income they made from their rental properties while also minimizing the stress associated with managing a short-term rental portfolio ​ Key Lessons from Our Journey: ​ 1. Patience Pays Off: Regularly reviewing and improving your systems and processes will give you the greatest edge on your competition.
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Arbitrage Academy
skool.com/arbitrageacademy
This group will teach you how to make $5,000 - $10,000 per month on Airbnb from your laptop without owning any property
Leaderboard (30-day)
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