If your short-term rental isn’t booking, slashing your prices might seem like the easy fix—but that move could be draining your profits. In this episode, we uncover five common pricing mistakes hosts make that actually hurt their revenue.

Learn when not to drop your rates, and what strategies to use instead to maximize bookings., and so much more:

• Why matching market prices often misses the real problem (visibility & reviews)
• When low occupancy means hold steady, not slash prices
• How your market's booking window prevents panic pricing
• Why high occupancy + discounting = lost revenue
• How to price unique properties without comps

Knowing when not to lower your rates is just as important as knowing when to offer deals. These five pricing insights could save you thousands and unlock more consistent bookings. If you found value in this episode, leave a quick review and share it with another host—it really helps!

Resource Links:
Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches
Grab your free management eBook: https://strriches.com/#tools-resources
Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

It’s our 300th episode, and we’re pulling back the curtain on 10 years of short-term rental success! From 50,000+ guests to managing properties in 3 countries, Tim reflects on the real journey—wins, losses, and the seven books that changed everything. If you're serious about STRs, this milestone episode is one you don't want to miss.

● The early days: managing STRs from across the hall to managing globally from afar
● Why falling in love with the problem is the real secret to scaling your business
● The 7 life-changing books that built the foundation of long-term STR success
● How STR management has gotten harder—and why that’s actually good news for operators
● What's next: The vision behind building the largest virtual STR management company in the world

This episode is a blueprint for sustained success in the evolving world of short-term rentals—perfect for both newbies and seasoned hosts.

Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches
Grab your free management eBook: https://strriches.com/#tools-resources
Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

While most hosts are still handling guest communication the old way, the biggest hotel chains and STR management companies are already using AI to handle guest reception. This week, we’re exploring how AI guest reception can revolutionize your operations, enhance consistency, and cut costs without losing the human touch.

In this episode, we break down:

• Exactly how AI guest reception works and when to use it
• 5 ways AI outperforms human communication
• When AI will fail you (and you need real people)
• Real examples from companies already using this successfully
• How our team of 20+ uses AI to manage guest communication for 200+ properties

Listen in to find out how to make it work for your business.

Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches
Grab your free management eBook: https://strriches.com/#tools-resources
Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/