All Forum Posts by: Rob Anteau

In my mind, revenue management is the most difficult concept to master. There is so much that goes into it. What does your comps do? What is your peak season? What is your average booking lead time? What is your average stay? I use Beyond and am constantly tweaking prices. These pricing tools use data and algorithms, but it is never going to be perfect. So, you need to be looking at your occupancy and pricing frequently to ensure your RevPAR is where you want it to be. 

There is so much that goes into buying an STR, especially your first one. I would highly recommend you listen to all the podcasts from Kenny Bedwell - Cashflow Positive. Provides a lot of content on what to consider when buying an STR. He even provides a service to help you find the right one. I've never used his service, but it may be something you want to consider. Best of luck in your search!

Thanks, Carolyn. I really appreciate you sharing this. Who is picking up the croissants and dropping them off at your place? 

Thanks, John. At a place I own surrounded by wineries, we provide a local bottle of wine. People love it, and for only $13, its worth the price of an enhanced guest experience and higher chance of a 5-star review. 

Hey everyone,

I’m looking to level up the welcome basket I provide for guests. Right now, I include a few essentials (bottled water and some snacks), but I want to make it more thoughtful and help set the tone for a great stay.

For those of you who offer a welcome basket, what items have you found to be the biggest hit with guests? Do you focus on local goodies, practical essentials, or a mix of both? Also, how do you balance cost-effectiveness with providing a high-end feel?

Any insights or creative ideas would be greatly appreciated!

Thanks in advance!

Thanks AJ. I agree with you that that small touches do make a big impact. 

Does your finance have a website that I could visit? Once I have purchased the home, I would like to see if she would be interested in doing the interior design. 

Thanks!

Thanks so much Zach. I really appreciate the recommendations and the cost estimate. 

Thanks John. That's a good idea to look at surrounding well performing properties and replicate. 

Thanks John for your input. This is really helpful! Especially the advice to book someone online to just help with the vision. I'll definitely take your advice on that.