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In this episode of 'Get Paid for Your Pad', Jasper Ribbers discusses the latest features from Hostly with Fred Bassili and David Jacoby. They delve into the importance of upselling in the current flat market, exploring various upsell strategies and the potential revenue they can generate. The conversation highlights the integration of AI in property management, the significance of early check-ins and late check-outs, and unique upsell ideas that can enhance guest experiences. The episode concludes with practical advice on implementing upselling strategies effectively.
Takeaways
Hostfully has introduced new features including Inbox AI for messaging.
AI can help save time in guest communication without fully automating responses.
Upselling is crucial in a flat market to increase revenue.
Many property managers plan to implement upsells but few actually do.
Early check-in and late check-out are popular upsell options.
Unique upsell ideas can significantly enhance guest experiences.
Revenue from upsells can be a substantial part of overall income.
It's important to vet local tour operators when offering experiences.
Technology can streamline the upselling process for property managers.
Start small with upselling strategies and expand as you learn.
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