

Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | STR Revenue Management
Freewyld Foundry
Get Paid For Your Pad is the go-to podcast for Airbnb hosts, short-term rental operators, and vacation rental entrepreneurs who want to scale smarter, earn more, and stay ahead of industry shifts.Hosted by Jasper Ribbers, Eric Moeller, and Kaye Putnam from Freewyld Foundry, this podcast delivers actionable tips on Airbnb pricing strategies, revenue management, direct bookings, listing optimization, and guest experience. You'll hear from real hosts, property managers, and industry pros who share behind-the-scenes insights, lessons learned, and the systems they use to grow profitable STR businesses.Whether you're managing one property or one hundred, you'll walk away with practical strategies to increase occupancy, boost profits, and build a sustainable short-term rental brand.Tune in weekly to learn how to thrive in today’s competitive Airbnb market, and get paid what you’re worth.Freewyld Foundry offers revenue and pricing management (RPM) services to the top 1% of STR hosts. Learn more and request a free Revenue Report: https://www.freewyldfoundry.com Hosted on Acast. See acast.com/privacy for more information.
Episodes
Mentioned books

Nov 3, 2017 • 26min
EP201: This Week in the World of Airbnb
Special events like the Super Bowl present an opportunity for residents of the host city to list on Airbnb and generate extra income, but how do you decide on the right price for your listing? And how do you compete with all the other new hosts who had the same idea?Margot Lee Schmorak, CEO and Co-Founder of Hostfully, joins Jasper to answer your questions around listing for special events like the Super Bowl. They also cover the recent Airbnb blog and subsequent Forbes article about optimizing search rankings that dispelled several myths regarding what counts when it comes to Airbnb SEO.Margot and Jasper walk through this week’s Airbnb headlines as well, discussing the Leigh Gallagher interview with Brian Chesky regarding the IPO, the new short-term rental platform called CryptoCribs, and the Asbury Park host who’s challenging new regulations in the city.Topics CoveredArticle #1: Airbnb Finally Opens Up on How to Rise Through Its Search Rankings•Dispels myths around search rankings•Superhost status, ‘tweaking’ do not help•Visits, clicks and level of interest do matter•Search results highly personalizedArticle #2: Asbury Park Homeowner Fights Airbnb Regulations•City voting to prohibit short-term rentals unless owner present•Host paying $20K in property taxes, uses Airbnb to defray cost•Gathered necessary 156 signatures, forcing city council to consider alternative•If alternative declined, issue goes to voters through referendumArticle #3: Airbnb CEO: ‘We’ll Be Ready’ for IPO•Declared halfway through two-year project in March 2017•Will be ready in 2018, but may not go public right away•Buffet advised Chesky to ‘get rich slow’•Danger in IPO too early (i.e.: Blue Apron)Article #4: CryptoCribs: The ‘Airbnb’ for Cryptocurrency Users•Listing platform, pay with bitcoin or ethereum•Uses blockchain to store info (public)•Challenge in attracting supply and demand•Airbnb on track to make bitcoin a feature as wellQ: I live in Minneapolis, the site of the 2018 Super Bowl, and I would like to list my home on Airbnb for the event. How do I maximize my earning potential?•Beyond Pricing blog post explains massive increase in supply•Occupancy went down during Super Bowl in Houston (from 55% to 25-30%)•Guests expect to pay a lot for lodging (price increases of 50—100%)•Keep prices high to position as premium listing•List early to rack up as many reviews as possible•Consider listing on multiple platforms (including local sites)•Do your own search as potential guest to see search rankings, competition•Customize your listing for Super Bowl, brand for teams involvedResources MentionedArticle #1: forbes.com/sites/sethporges/2017/10/30/airbnb-finally-opens-up-on-how-to-rise-through-its-search-rankings/#30ba16f31922Airbnb Blog: Answers to Your Top Search QuestionsArticle #2: app.com/story/news/local/communitychange/2017/10/30/asbury-park-airbnb-regulations/796091001/Article #3: fortune.com/2017/10/25/airbnb-ipo-public/Article #4: btcmanager.com/cryptocribs-airbnb-for-cryptocurrency-users/ATLANTCryptoCribsLíf TokensBeyond Pricing Super Bowl BlogJasper’s YouTube ChannelConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadAirbnb News Facebook GroupThis episode is sponsored by Aviva IQ. Aviva IQ automates messages to your Airbnb guests. It's also free! Hosted on Acast. See acast.com/privacy for more information.

Oct 30, 2017 • 26min
EP200: A Serial Airbnb Entrepreneur from Lafayette
There are a number of different ways to take advantage of the Airbnb platform, from listing a room in your own home to re-leasing a rented apartment. You might choose to co-host with a property owner or rent out your entire home while you are away. Some creative hosts even convert unused spaces, turning a shed in the backyard into a tiny home or transforming an attic into a studio apartment. Toby Doré is doing all of this and more, using every Airbnb model that’s out there to generate income through the platform.Toby has been hosting on Airbnb in Lafayette, Louisiana, since March of 2013, and he has a whopping 1,776 reviews! Toby is also a full-time university professor in athletic training, sports medicine and sports psychology. He loves to travel, road-tripping across the US and visiting more than 40 countries in Europe, Central America, and South America.Toby is also a serial Airbnb entrepreneur who utilizes every model: re-leasing, co-hosting and listing his Lafayette home on the platform. He has his own website, Cajun Hostel, as well as a travel blog. Today on the podcast, he shares how an 8-week road trip inspired his Airbnb journey. He offers his take on the pros and cons of each model, explaining which has been the most lucrative and extending his advice around establishing contracts between co-hosts. Listen in and learn how Toby outsources much of his Airbnb business while he works full-time and travels the world!Topics CoveredWhat Led Toby to Airbnb•Read about minimalism in The Joy of Less•Planned 8-week road trip across US•Couple met through music promotion suggested Airbnb•Used platform during trip•Listed 3-bedroom home while traveling•Airbnb profits paid for rental car, gasThe pros and cons of renting his own home•Most profitable of business models•Income pays mortgage, utilities•Profits help pay for international travel•Turned storage shed into tiny house•Converted attic to private studio•Always booked, no place for him to stayThe re-leasing model•Rented affordable, small apartment in downtown Lafayette•Lists studio on Airbnb four months of year while traveling for work•Rented four other houses, but gave up as popularity of hosting increasedThe co-hosting model•Neighbor tired of renters ‘messing up house’•Asked Toby to manage as Airbnb•Split profit after expenses paid (utilities, internet, amenities)•Implementing Airbnb co-hosting platform complicated things•Toby suggests contract defining responsibilities around expensesTricks Toby learned from using Airbnb as a guest•Keycode locks on properties•Automation (i.e.: code sent upon confirmation of booking)How Toby outsources much of his Airbnb enterprise•Bilingual manager handles bookings, reviews•Sister-in-law helps with cleaning•Second cleaner with 17 years of experience•Hires university interns in business, hospitality management•Worldpackers get dorm room in exchange for social media marketing workToby’s Airbnb profits•Receives flat fee for managing upscale house in New Orleans (about 30% of profits)•80/20 split with next-door neighbor•Most rental management companies receive 30-35%•Income from home he owns pays mortgage, utilities + 20% profit•Home improvement loans on tiny home, studio paid off in two yearsConnect with TobyCajun HostelToby’s Airbnb ProfileToby’s Travel BlogResourcesThe Joy of Less: A Minimalist Guide to Declutter, Organize, and Simplify by Francine JayVRBOFlipKeyWorldpackers Hosted on Acast. See acast.com/privacy for more information.

Oct 27, 2017 • 24min
EP199: This Week in the World of Airbnb
Airbnb Experiences has not quite lived up to the fanfare that accompanied its launch a year ago, and this week Leigh Gallagher, author of The Airbnb Story, interviewed CEO Brian Chesky to ask about its slow growth.Jasper is joined by Hostfully VP of Strategic Partnerships, Nicole Prentice Williams, to discuss whether it’s fair to compare the growth of the platform itself with the progress of Experiences. They also cover Chesky’s response to the #metoo campaign and the new responsibilities of another Airbnb co-founder, Nathan Blecharczyk as he takes over operations in China.While business may be rocky for Airbnb in China, it is booming in Africa, and headlines this week applaud the growth on the continent and the platform’s partnership with leadership in Cape Town. Nicole and Jasper also share the heartening story of a guest who painted an epic mural in a host’s apartment in Tokyo in exchange for a free stay!Topics CoveredArticle #1: Airbnb CEO: Here’s How ‘Experiences’ are Doing So Far•Airbnb Experiences launch one year ago•Only 3K experiences vs. 4M homes•Unfair comparison, keeping small on purpose•Earned 500K from social impact experiences•Homes business had no traction one year in•Experiences has 3K hosts, tens of thousands on wait list•Difference between new marketplace and established media machine•‘Experiences’ is buzzword in industry•Certain Experience hosts earning six figures (most earn 7K)•Chesky expecting Experiences to be big•Ultimate goal to become one-stop shop for travelersArticle #2: Airbnb’s China Chief Departs Abruptly Just Months Into the Job•Head of China business gone after four months•Search lasted longer than held post•Unclear why, seems to have been his decision•Airbnb not commentingArticle #3: Airbnb Head of China Operations Departs as Co-Founder Settles into New Role•Co-founder Nathan overseeing operations•Shows importance of Chinese market to Airbnb•China is difficult market for startupsArticle #4: This Airbnb Guest Left Behind an Incredible Mural on the Host’s Walls•Host in Tokyo learned guest was artist•Asked to create mural on white wall•Epic resultsAirbnb could do coffee table book of unique storiesArticle #5: Airbnb CEO: ‘We Need More Women Leaders’•Chesky commented on #metoo campaign•Proposed solution of having more women in leadership•No women on board of Airbnb (6 of 8 members are white men)Article #6: Airbnb Enjoys Spectacular Growth in Africa•Africa is fastest growing market•100K listings•Cape Town most popular (17K listings)•Mayor working with Airbnb•2M guests in last five years•Hosts earned $139M last year•South Africa has most listings•Morocco comes in second•325% growth in Nigeria•Airbnb conscious of social issuesResources MentionedArticle #1: fortune.com/2017/10/23/airbnb-ceo-experiences-new-york/VRMAArticle #2: bloomberg.com/news/articles/2017-10-24/airbnb-s-china-chief-departs-abruptly-just-months-into-the-jobArticle #3: skift.com/2017/10/24/airbnb-head-of-china-operations-departs-as-co-founder-settles-into-new-role/Article #4: lonelyplanet.com/news/2017/10/23/airbnb-guest-leaves-murals/Article #5: fortune.com/2017/10/24/airbnb-ceo-no-more-hands-off-approach-on-techs-impact/Article #6: cnn.com/2017/10/24/africa/airbnb-growth-africa/index.htmlConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpad Hosted on Acast. See acast.com/privacy for more information.

Oct 23, 2017 • 23min
EP198: How to Use Facebook to Enhance Your Airbnb Business
Perhaps the greatest challenge of being a remote host is building a relationship with your guests when you can’t be there face to face. Airbnb was founded on the principal of personal connection, but when your listing is in the rural village of Dudeldorf, Germany, and you are a thousand miles away in Spain, how do you go about making the guests feel at home? Or providing personal recommendations for seasonal things to do?Niels Becker has designed a truly genius approach to remote hosting through a listing Facebook page. The page functions as a sort of interactive, continually updated guidebook, providing guests with timely information around events in the area, like the popular Christmas market. In addition, the Facebook page promotes Niels’ listing as his satisfied guests like and share the page with their contacts.Beyond his experience in the short-term rental market, Niels also manages several long-term rentals in Dudeldorf. Today on the podcast, he compares the revenue earned via Airbnb guests versus tenants. Niels explains how he secured public funds to restore his properties, why he chose to try Airbnb in one of those investment units, and how he finds information for his Facebook page. Listen in and learn his unique approach to remote hosting and why investing in rural communities is your safest bet.Topics CoveredNiels’ decision to try Airbnb•Rents several units long-term (near US airbase)•Had trouble renting small studio•Listed studio on Airbnb six months agoThe particulars of Niels’ investment property•Beautiful area near border with Luxembourg•Area losing residents to large cities•Working to preserve heritage•Provides funding to restore historic buildings (to modern standards)Niels’ Facebook page•Solves problem of being remote host•Shares interesting things going on in area, nearby villages to visit•Entries mined from local Facebook groups•Provides most current, updated infoHow the Facebook page promotes Niels’ listing•Guests ‘like’ the Facebook page•Guests contribute their own photos, reviews•Guests’ contacts exposed to listing•Book Now button links to AirbnbLong-term rental vs. Airbnb•Niels currently making 2X for studio•Going into low season, but bookings still coming•Comparable to long-term units (location, furnishings, architecture)How Niels manages his units from home in Spain•Relies on local cleaning, management services•Rest is automated (e.g.: lock box for entry)•Sends handwritten note as photo through Airbnb to welcome•Always available to guests through Airbnb messagingThe Airbnb-friendly regulations in rural Germany•Short-term rentals, tourism encouraged•Many empty units (opposite problem of cities)•Earns less revenue than cities, but property more affordable•Niels receiving very good ROIConnect with NielsLiving in History—Dudeldorf/EifelNiels’ Airbnb ListingConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpadThis episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests! Hosted on Acast. See acast.com/privacy for more information.

Oct 20, 2017 • 29min
EP197: This Week in the World of Airbnb
It’s the top search question on Airbnb’s website and something every host has wondered: How do I improve my search rankings?Airbnb released a blog post this week that sheds a little light on the factors the platform uses to determine your position in search results, offering three specific things you can do to work the search algorithm to your advantage and immediately boost your rankings.Glenn Carter, Director of Marketing at Hostfully, is joining Jasper this week to discuss the data points that Airbnb uses to determine search results, as well as the reasons why you may have difficulty finding your listing online. They also cover another Airbnb press release that emerged this week involving access to their Application Program Interface (API), which will allow hosts to pull their data for third-party applications.Also making headlines this week are some new Airbnb partnerships. The site is teaming up with a Florida developer to build an apartment complex specifically designed for home-sharing and offering extra support to hosts in the Airbnb Select program—in the form of home-improvement loans and advice around cosmetic improvements and photography for their listings. Listen in and learn how to help Airbnb help you make the most of your listing.And starting Monday, don’t forget to check out Jasper’s new travel vlog on YouTube!Topics CoveredArticle #1: Airbnb Blog: Answers to Your Top Search Questions•Covers factors that influence position in search results•Over 100 data points considered•‘Wishlisting’ does help•Repeatedly changing listing does not help/hurt•Make sure calendar updated daily•Superhost status doesn’t boost position (but factors required do help)•Rejected bookings result in lower ranking•Most critical factors are Instant Book, fabulous first photo and competitive price•Also addresses finding your listing online•Jasper recommends zooming in on map•Setting conditions on Instant Book may prevent you from seeing listing•Airbnb uses sophisticated algorithm to personalize search resultsArticle #2: Airbnb is Teaming up with a Local Developer to Create a Large Apartment Complex in Florida•324-unit complex specifically designed for home-sharing•Tenants allowed to rent for up to 180 days, share profits with landlord•Located in Kissimmee, near Disney (market ripe for Airbnb)•Plans to build five more complexes in other cities•Risky if municipality sets anti-Airbnb regulations•Concept of aparthotels has existed in South America for many years•Airbnb can control physical guest experience through design of units•Experience still individual (tenant lives there at least half of year)•Additional services for hosts in building (i.e.: new sheets, laundry service, smart locks)•May start trend of developers catering to short-term rentalsArticle #3: Airbnb to Offer Loans and Advice to Hosts Under New Scheme•Associated with Airbnb Select program (luxury brand pilot underway)•Provides loans for hosts to make home improvements•Offers advice around cosmetic improvements, photos•Loans repaid through revenue from bookingsArticle #4: Connect to Our API, Connect to Millions of Travelers on Airbnb•Allows hosts to pull data into third-party applications (e.g.: pricing tools, Hostfully)•Only offered to select few in past•Underscores efforts to open platform, facilitate growth via partnerships•Still have to fill out form to gain accessResources MentionedArticle #1: blog.atairbnb.com/searchInstant BookArticle #2: cnbc.com/2017/10/12/airbnb-is-teaming-up-to-build-a-home-sharing-complex-in-florida. Hosted on Acast. See acast.com/privacy for more information.

Oct 16, 2017 • 31min
EP196: Roamlocal: How Airbnb Hosts Can Work with Local Businesses
Paul Hart, founder of Roamlocal, want to connect Airbnb hosts, guests and local businesses to create a win-win-win situation. Guests want to live like a local, […] Hosted on Acast. See acast.com/privacy for more information.

Oct 13, 2017 • 27min
EP195: This Week in the World of Airbnb
Airbnb celebrates another win in its pursuit to target the business traveler, announcing a new partnership with co-working space giant WeWork. The convenience of booking a desk through the Airbnb app benefits both companies, and the move is sure to boost use for hosts with the Business Travel Ready designation.Hostfully President and Co-founder, David Jacoby, joins Jasper this week to chat about this victory for Airbnb, as well as other success stories in the headlines, including a PR victory in the quick activation of the Open Homes program in both Las Vegas and California, and the report of Airbnb’s exponential growth in India.But it wasn’t all rainbows and unicorns for Airbnb in the news this week. While the platform is making gains in India, it continues to struggle in the Chinese market. Jasper and David discuss how Airbnb’s biggest competitor in China is raising capital with an eye to expand overseas. They wrap up today’s episode with the story of a host who was arrested after his Airbnb guests discovered a hidden camera in the smoke detector. Listen in to understand what qualifies as a ‘surveillance device’ per the Airbnb Terms of Service policy and the smart lock technology available to hosts with security concerns.Topics CoveredArticle #1: Airbnb Open Homes Offers Free Shelter to California Wildfire Victims•Wildfires in California (17 over 115,000 acres)•20 deaths, 1500 homes destroyed•Airbnb activated Open Homes•Airbnb could offer hosts gesture, incentiveArticle #2: Airbnb and WeWork Team up to Find Desks for Business Travelers•WeWork has raised $10B in capital•Promotes WeWork through Airbnb•Targets business traveler•Potential discount on co-working space for Airbnb guestsArticle #3: Airbnb’s Major China Rival Tujia Raises $300M More at a $1.5B Valuation•Chinese competitor raised additional $300M capital•Looking to expand overseas•650K listings currently•Could eventually match Airbnb•Advantage in market of Chinese traveling overseasArticle #4: For Airbnb, Growth in India Happening at a ‘Different Level’•Airbnb experiencing rapid growth in India•Easier to gain traction, more open economy than China•India very poor country ($1,700 average annual income)•Travel within India increasing significantly•Room for Airbnb to growArticle #5: Police: Airbnb Host Rigged Condo to Record Sex Parties, Guests Had No Idea They Were Recorded Too•Couple noticed camera in smoke detector•Host banned from Airbnb, arrested•Claimed not turned on when guests there•Disclosure of surveillance devices required by Airbnb Terms of Service•Unclear if one-way camera connected to doorbell would qualifyResources MentionedArticle #1: inman.com/2017/10/10/airbnb-open-homes-offers-free-shelter-to-california-wildfire-victimsOpen HomesArticle #2: engadget.com/2017/10/04/airbnb-wework-business-travel/Business Travel Ready FeatureArticle #3: techcrunch.com/2017/10/10/tujia-raises-300-million/?ncid=rssTujiaArticle #4: economictimes.indiatimes.com/small-biz/startups/for-airbnb-growth-in-india-happening-at-a-different-level/articleshow/60982215.cmsStayzillaArticle #5: abcactionnews.com/news/region-sarasota-manatee/longboat-key/police-airbnb-unit-rigged-with-hidden-camerasAirbnb Terms of ServiceRing Home SecurityAugust Smart LockVRMA National ConferenceEmail David at david@hostfully.comConnect with JasperEmail: jasper@getpaidforyourpad.comTwitter: @GetPaidForUrPadInstagram: @GetPaidForYourPad Facebook: www.facebook.com/getpaidforyourpad Hosted on Acast. See acast.com/privacy for more information.

Oct 6, 2017 • 27min
EP194: This Week in the World of Airbnb
A shocking news story hit the world of Airbnb this week, as a 28 year old man from Michigan has been charged with sexually assaulting a […] Hosted on Acast. See acast.com/privacy for more information.

Oct 2, 2017 • 29min
EP193: How to Become an Airbnb Entrepreneur
If you’ve always wanted to be an entrepreneur, but you’re looking for a low-risk way to start small, Airbnb might be the answer. The vacation rental ecosystem is ripe with opportunity, and there is no better way to learn the skills necessary for running your own business than… well, running your own business.Sid Kosatsky started simply, freelancing to help a small boutique hotel in the Dominican Republic set up their Airbnb listings. Hiring cleaners for his own Airbnb listing in the Halifax region of Nova Scotia led to Soapy Cleaning, a company created to find additional work for his team! From there, he established HostOften, a full-service Airbnb property management company.Today, Sid’s team includes a team of seven employees, five of whom are full-time, and he has systems in place that allow him to do the work of growing the business. On the podcast, he shares his advice for aspiring Airbnb entrepreneurs, the technology he uses to save 15 hours a week, and how he built his talented team. Listen in and find out if Airbnb is the entryway to entrepreneurship you have been looking for!Topics CoveredSid’s Airbnb story•Listed room in house last summer (Dartmouth)•Relocated to Truro in May, started renting entire home•Stress around hosting from far away•Interviewing cleaners, considering property management company•Inspired by entrepreneurial podcasts to start his own businesses•Started as freelancer, helping international clients create Airbnb listings•Expanded to HostOften property management•Hired cleaners for HostOften, then created Soapy Cleaning•Automated systems have allowed him to do both•Advertised for clients, employees on KijijiSid’s advice to aspiring Airbnb entrepreneurs•Do it!•Airbnb provides quick and easy entry•Reinvest Airbnb earnings to build businessThe entrepreneurial skills Sid learned from Airbnb•Hospitality•Real estate•Hiring•Managing employees, contractors•Scheduling•Customer relations, guest management•Finances, paying taxesThe software Sid used to create systems•Google sheets (log cleaner, client hours) didn’t work well•Moved to QuickBooks for payroll•TSheets App integrates with QuickBooks (time sheets)•Automation saves Sid 10-15 hours/weekThe responsibilities Sid has outsourced to other employees•Stopped cleaning, check-ins right away•Full-time VA took over scheduling, reviews, guest communication and coordination of maintenance•Lead cleaner has become ops manager (hires, manages new cleaners)Sid’s role in the business•Website maintenance•Procuring new clients•Scripts, systems•Hire, train employeesHow Sid built his cleaning team•Scanned Kajiji for cleaners, part-timers•Conducted interviews (20% didn’t show)•Cleaned with prospects, assessed their work•Fosters culture of fun to attract good employees•Has three core full-time cleanersThe importance of ‘taking yourself out of the equation’•Frees up time to grow business, focus on big pictureThe scale of Sid’s current business•Manages three listings•Wooing five new clients•In talks with landlords, developers•Three full-time, two part-time cleaners•Full-time virtual assistant•Freelancer optimizing SEO for websiteHow Sid found his VA•Has used Fiverr, Upwork in past•Discovered new company (Cara Helps)•Service hires, trains in your softwareSid’s current profits•Airbnb listing income of $5K/month Hosted on Acast. See acast.com/privacy for more information.

Sep 29, 2017 • 28min
EP192: This Week in the World of Airbnb
According to the recently released Airbnb Asia Pacific (APAC) Travel survey, 71% of travelers highlighted the importance of trying local cuisine. A separate Airbnb study published this week, the 2017 Restaurant Spending Report, found that Airbnb guests generated $6.5 billion dollars for restaurants around the world between September 2016 and September 2017. Airbnb is banking on these trends to continue with its rollout of a new in-app functionality that makes restaurant recommendations and even allows guests to book a table.Jasper is joined by Hostfully CEO and Co-founder, Margot Lee Schmorak, to discuss the connection between food and travel and how Airbnb is capitalizing on guests keen to experience a new place through its cuisine. They also cover recent interviews with Airbnb CEO Brian Chesky regarding the most important attribute for entrepreneurs and the introduction of Airbnb Experiences in New York City— featuring a shoe shopping trip with none other than Sarah Jessica Parker!Jasper and Margot wrap today’s episode with news that Airbnb Co-founder Joe Gebbia has listed his own place on Open Homes, and listener questions about writing guest reviews. Listen in to understand why honesty is the best policy when it comes to leaving feedback on Airbnb!Topics CoveredArticle #1: Airbnb and Resy Team Up to Offer In-App Restaurant Reservations•New functionality allows guest to book table through Airbnb app•Available in 16 US cities•Notify restaurant if late, pay tax/tip through app•Might remove layer of anxiety for international travelers•Will depend on execution•May be hard to get traction (people loyal to Foursquare, OpenTable)•Demo of functionality doesn’t have restaurant reviews•Potential to team with Yelp, OpenTable for reviewsArticle #2: Airbnb CEO Brian Chesky on the Most Important Trait for Entrepreneurs•Identifies childlike wonder, curiosity as crucial trait•Aligns with Margot’s experience at Apple•Good leaders ask questions•Must have open mind•Not afraid to go against mainstreamArticle #3: Airbnb Launches Local Tours in NYC with Sarah Jessica Parker•Rollout of 150 experiences in NYC•Includes shoe shopping experience with Sarah Jessica Parker ($400)•Jury still out on traction of Airbnb Experiences•Hard to make assumptions about urban travelersArticle #4: Food Influences Holiday Destination for 76% of APAC Travelers•71% of people surveyed emphasized importance of trying local cuisine on vacation•Logical for Airbnb to add restaurant recommendations, reservation feature to app•Host still has greatest incentive to give best recommendationsArticle #5: Airbnb: Generating $6.5 Billion for Restaurants Around the World•Study conducted by Airbnb•43% of spending occurs in neighborhood where staying•Spending more than ever before ($40-$100)•London tops list of guest spending in Europe, Prague at the bottomArticle #6: Airbnb Co-Founder Opens up His Own Home•Joe Gebbia has listing on Open Homes platform•Hopes to host refugee family this year•Space boasts impressive collection of art, vintage chairsQ: When a guest breaks the house rules, should I leave a negative review? I am reluctant to do so for fear it will hurt my Airbnb business moving forward.•Should not fear retaliation•Guest can’t see review until they post theirs•Future guests unlikely to dig through reviews of previous guests•Community platform built to weed out bad actors•Honesty is of service to next host•Reviews should be authentic representation of experienceResources MentionedArticle #1: press. Hosted on Acast. See acast.com/privacy for more information.


