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To kick us off - I am pleased to bring you the podcast and replay of STR Legends AUSTRALIA. We learned a lot through our last live event with the USA STR legends and I had many reach out asking for the Australian perspective. As we all know, Australia punches way above its weight in hospitality, management and investment. So this week we’re taking the STR Legends to a whole new level with top Australian thought leaders in our industry who are operators, service providers and property managers and most importantly excited to share their experiences and lessons learned along the way.
đź“‹ Chapters!
00:00 STR Legends AUSTRALIA - MUST WATCH - 2023: Expert Insights
02:01 Yoav Tourel
02:41 Rebecca Cribbin
03:57 Quirin Schwaighofer
05:14 Tracey Northcott
10:00 How can we improve the guest experience and differentiate ourselves in the market?
12:19 How COVID-19 pandemic and other recent events impacted demand and occupancy rates in the Australian vacation rental market?
15:03 What are the metrics or data sources that we can use to determine how people's expectations have evolved?
15:58 How does the quality of the property relate to the return on investment?
18:46 How should the price be related to the guest experience?
20:02 How should managers select a property to manage and what criteria should they consider during the selection process?
23:20 How significant is the impact of guest experience and repeat bookings on profitability?
24:38 What strategies can you employ to associate a brand with a comfortable guest experience and differentiate it from an OTA experience?
27:25 How can you provide a consistent guest experience across all properties?
30:07 What are the biggest areas that short-term rentals will be impacted by technology?
37:00 How should a business approach integrating tech into its business?
41:45 How can someone who is new to the world of tech stack take the right steps?
43:15 How can businesses choose the best technology for their operations and implement it effectively without causing overwhelm?
45:47 How important is it to have a clear understanding of what you want to improve and the ability to measure it before implementing technology?
48:35 How do you create a winning email marketing strategy?
55:49 What are the best strategies to attract the right set of guests?
58:11 What to expect in short-term rental business growth in 2023 and 2024?
1:03:43 How can you effectively benchmark against false figures and ensure clean data when analyzing the short-term rental market?
1:05:28 How can managers and owners prepare financially for the seasonality of the short-term rental industry and potential fluctuations in profitability?
1:08:29 How to scale your business to build lasting growth.
#strlegends #shorttermrentals #bookdirect
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Sponsors:
This episode is proudly sponsored by Orana Stay - the digital guest guide of the future! Say goodbye to the hassle of traditional welcome packs and hello to a seamless and unforgettable digital experience for your guests with Orana's fully branded guest experience app. Boost your revenue with powerful features and focus on what you do best while Orana Stay takes care of the rest.
https://www.oranastay.com/
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Disclaimer: *All content on this YouTube channel, Podcast or post reflects my own and guests opinions and should NOT be taken as legal advice, financial advice or investment advice. Please seek out guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
Affiliate Disclaimer:
This blog, podcast & youtube channel; will occasionally contain affiliate links, which means I receive a small commission on a purchase without additional cost to you, if you buy something through my links.
The purpose of this show is to educate viewers and share everything I know about improving your accommodation, STR and AirBNB business. I do believe in the products and services that we link to and that you may benefit from them.
If you do purchase through my affiliate links; I want to thank you for your support.
