Day 2 - Wednesday, June 24th - PST
- How can STR operators identify the best markets for acquiring properties that align with their business goals?
- What are the most effective financing options for purchasing additional units for STR use?
- How can operators assess the financial viability of a property before acquisition?
- What role do local regulations and zoning laws play in the acquisition process for STR properties?
- How can operators structure deals to minimize risk and maximize return on investment (ROI)?
- What metrics should operators use to evaluate the long-term profitability of potential acquisitions?
- How can operators scale efficiently while maintaining operational excellence after acquiring new units?
What are some of the opportunities stemming from regulations? How can fair and good regulations can help the short-term rental industry continue to be successful in the long term?
Different rules for different municipalities?
How are owners addressing regulatory challenges, and how is it impacting acquisition and/or exit strategies?
How are operators navigating the ever-changing regulatory environment that varies by city and state and by property type?
How are you making sure you are in compliance across your portfolio? How have they made adaptations to existing regulations and planning for new ones?
In cities with highly restrictive regulations, how have STRs been impacted and how operators have adapted? Do we anticipate more markets will outlaw short-term rentals entirely?
- What are some of the pros – and lesser-talked-about cons – of direct bookings? What is the ideal mix of business between direct and OTAs?
- How do you implement a direct booking strategy, and what does it look like?
- What are some different direct “tiers” you can offer?
- How much do you save/have you saved in commissions & fees compared to how much you spend on brand building, customer acquisition, website maintenance, booking engines, and the additional labor required to manage it all?
- What are the possible challenges/issues and how can you address them?
- New integrations worth noting?