All Forum Posts by: Sunil Ghosal

If you run a traffic campaign and dump user to your website landing page it would be nothing more then a donation to facebook.

Retargets and Event Based sales campaigns work well in my experience.

How do they justify the 30% increase in revenue? Is there any data backing the 30%?

This is known as the "Property Manager" Mindset. They don't pay for the HVAC or Electric bill. It's not their property so they don't care if something breaks/utility bill is high. Below are some of the Property Manager Mindset Examples:

- Tell the Home Owner that renting at $1/night is good (Inventory is Perishable)
- Tell the Home Owner to Turn up Pool Temps to 90+ F
- Tell the Home Owner that HVAC and Electric Bills are to be expected.

Meanwhile, instead of the driving profitability to your home, the PM focuses 100% of their effort on recruiting new home owners. This is a trick I've seen PMs pull on home owners all the time. PMs in my experience never really care about the net profitability. The only thing they care about is "number of properties under management". Whatever they can do to simplify their operations to scale as much as possible is what they will want you to do. Its nothing more then where their incentive lies.

Yes we use the TMobile Routers and they are good. However, if you have more then 2/3 within a certain range of each other, none of them will work.

I meant this would affect Bryon City, Cosby, Cherokee, Blue Ridge, etc (Cabin/Mountain Markets in the Area). Knoxville I would consider a different market demographic entirely and I don't have any insight there.

I would caution against taking your realtors word at face value. Gatlinburg/Sevierville/Pigeon Forge was highly bid up due to realtors pitching inflated revenue projections. 

Would not recommend the East TN region to anyone right now. We have a few properties there. There is such a massive oversupply of units in that region that it will likely affect other neighboring regions for the next few years.

If anything this is more of a fly-by night operators vs seasoned operators argument. I've never met a single seasoned operator that has ever said "List on one channel only". Most likely because seasoned operators have seen market downturns before. 

For Fly-by Night Operators, Airbnb is probably all they know. If Airbnb disappeared tomorrow, which it most certainly could, they would be gone.

Airbnb is very clearly trying to make a walled garden. They offer income-insurance (Only compensate for canceled Airbnb Bookings), offer Smart Locks (Only for Airbnb Bookings), Pricing (Only for Airbnb Bookings), Task Management System (Only for Airbnb Bookings). My guess is that the promotions feature will turn into a variable commission model in the future (20% Discount, Airbnb offers 10% to the customer and pockets the 10% in extra Commissions). Higher Commissions = Higher Algo Placement.

Regardless, Amazon isn't known for treating 3rd party sellers with any respect what so ever. They will under cut and do whatever to squeeze 3rd party sellers. This is pretty much why hosts like multi-channel. At some point maximizing the revenue (I doubt it honestly would be 100% Airbnb), is not worth the existential business risk.

 The original poster asked.

"I’ve also been in touch with a design team, and they’re quoting a fee of 10% of the total construction cost. Does that sound reasonable based on your experience?"

They didn't really explain what the 10% fee included.

10% of total construction cost for what exactly. Does that include materials and labor? Is the 10% include on the cost of the land, infrastructure, etc?