Simplifying Revenue Management in Short-Term Rentals

On today’s episode, we are joined by Tim From Buoy, Co-Founder/Head of Product at Buoy, a dynamic pricing platform for vacation rentals. Prior to founding the company he was an independent revenue manager, and spent 2016-2018 with Oasis Collections. This episode is sponsored by my friends at Hostfully! Use my code SLICKTALK20 and get $100 off their property management platform or two months free of their premium digital guidebooks! In this episode, we explore: 02:37 - Background of Tim Speicher + How he started Airbnb hosting 05:39 - What is Buoy? 08:26 - How to determine your booking rate? 10:41 - Implementing better revenue strategies 14:21 - Why was Buoy created? 18:22 - How Buoy can help with dynamic pricing suggestions 19:22 - Construal Distance - bridging the gap between abstract and concrete idea 22:28 - Complete aggregated data vs Non-aggregated data 29:12 - Buoy’s company goal Connecting with the Guest: Website: https://buoy.us/ LinkedIn: https://www.linkedin.com/in/timothyspeicher/ Instagram: https://www.instagram.com/buoy.us/?hl=en Twitter: https://twitter.com/tim_speicher?lang=en Slick Talk Website & Socials: https://linktr.ee/Slicktalk Learn more about your ad choices. Visit megaphone.fm/adchoices