Episode 277 - What Amenities Boost ROI, Understanding Markets, Choose A Target Audience, and MORE!

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In this episode of the Vacation Rental Revolution podcast, host Shawn Moore and guest Jake Shehee discuss the critical aspects of managing short-term rental properties. They delve into guest expectations, the importance of amenities, and how to create unique experiences for guests. The conversation covers the balance between providing essential amenities and enhancing the guest experience, the significance of understanding costs and liabilities, and the necessity of running the numbers to make informed investment decisions.

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Chapters

00:00:00 Intro

00:03:11 Guest Expectations in Short-Term Rentals

00:05:57 Amenities: Essentials vs. Enhancements

00:09:10 Indoor Spaces: Game Rooms vs. Bedrooms

00:11:55 Outdoor Amenities: Pools, Hot Tubs, and More

00:21:02 Cost, Liability, and Maintenance of Amenities

00:27:02 Understanding the Numbers for Investment Decisions

00:31:08 Creating Unique Experiences vs. Overloading Amenities

00:35:52 Conclusion and Final Thoughts