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This is really neat. It sounds like you're learning quickly. 22 houses in 11 months sounds like enough to learn from. Are all 22 houses rented out currently? I
by aacook 11y ago
This is really neat. It sounds like you're learning quickly. 22 houses in 11 months sounds like enough to learn from. Are all 22 houses rented out currently?
I've never been to India and don't understand the market too well. What would motivate someone to use your service instead of something like Airbnb? Is Airbnb the most popular service in India? Is this about short-term rentals (by the week or day) or longer term rentals (by the month)?
- subbu 11y ago76 out of 80 beds are rented out currently. I might close 2 more tomorrow. We only provide for mid to long-term stays. We ask for a minimum stay of 6 months and bill them monthly. Airbnb becomes too expensive for anything longer than a few days. We have learned short-term stays need a different setup and doesn't suit the way we are currently setup. People who stay for longer periods care for the house and it aligns well with the owner's interests. I haven't seen too many people using Airbnb; OYO Rooms seems to be the dominant player in this segment.