Are You Ready For Summer Booking Season?

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, host Bill Faeth, explores revenue maximization for short-term rental property owners. Bill emphasizes the need for tactical preparation ahead of the summer booking season, shares his expertise in high-demand property management, and sheds light on ideal revenue management strategies. He also gives actionable tips to property owners on upgrading property profiles to increase booking chances and price margins, with a specific focus on the summer seasons. In addition, Bill delivers a stern warning for those looking to buy properties, alerting them of an imminent Federal Reserve rate cut which could increase competition and property prices. Lastly, the host calls for feedback and reviews on various podcast platforms and offers his assistance through email and social media channels. 00:01 Introduction and Holiday Recap 00:35 Importance of Summer Booking Season 01:47 Revenue Management and Listing Optimization 03:24 Understanding Booking Lead Time 04:09 Maximizing Rates and Annual Revenue 08:20 Importance of Property Maintenance and Upgrades 13:09 Customer Retention and Direct Booking 15:16 Real Estate Market Predictions for 2024 16:17 Conclusion and Contact Information Watch this episode on our Youtube Channel Every Tuesday & Friday https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices