Ep 19 - Treating your properties like a business with Alon Eitan

Published: Sept. 28, 2020, 2:23 p.m.

b'GUEST BIO\\n\\nAlon Eitan is the Director of Strategy and Business Development at Guesty, a short-term property management platform. In this role, Alon is responsible for designing Guesty\'s strategy and generating new business opportunities within Guesty\'s marketplace. Prior to this role, Alon was the Senior Business Analyst at Claltech, responsible for >$500m in transaction value. Earlier in his career, Alon served as Manager at PwC / Strategy& leading cross sector strategy, consulting prospects and M&A advisory projects.\\n\\n\\n\\nHIGHLIGHTS OF THE EPISODE\\n\\n02:37 \\xa0Alon\\u2019s introduction\\n\\n04:13 \\xa0Alon\\u2019s background and what got him into the industry.\\n\\n06:03 \\xa0Alon\\u2019s role in Guesty.\\n\\n06:48 \\xa0What allowed Guesty to grow rapidly?\\n\\n08:48 \\xa0What are some of the major integrations that folks should look for?\\n\\n10:27 \\xa0Distribute to as many channels as possible through a unified calendar.\\n\\n12:31 \\xa0Their focus on workflow automation.\\n\\n15:04 \\xa0Guesty\\u2019s focus, that they\\u2019re seeing and need in the market for the next 6 - 9 months.\\n\\n17:49 \\xa0A Guesty Flexible inventory that wasn\\u2019t launched because of COVID.\\n\\n19:40 \\xa0What we\\u2019re all optimizing for in the end.\\n\\n21:08 \\xa0What is RevPAR.\\n\\n26:30 \\xa0Does Alon see value in people responding to reviews?\\n\\n28:58 \\xa0Short term rentals are doing well on a global scale.\\n\\n30:56 \\xa0The problem with hotels and what they need to adapt.\\n\\n32:34 \\xa0Alon\\u2019s number 1 secret for success as a short term rental operator.\\n\\n\\n\\nNOTABLE QUOTES (KEY LESSONS):\\n\\n"You just really need to move fast between the models, react to the\\n\\nmarket. It\'s super key to this business." - Alon Eitan\\n\\n"You\'re not optimizing only for occupancy, you\'re not optimizing only\\n\\nfor rate. You\'re optimizing for revenue." - Alon Eitan\\n\\n"I want to measure my customer experience because that\'s the lifeblood\\n\\nof everything. That drives the revenue." - Michael Sjogren\\n\\n\\n\\nCONNECTING WITH THE GUEST\\n\\nWebsite: https://www.guesty.com/\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'