281: The first 3 months running our first serviced apartments
This episode looks in detail at the first three months running our first two serviced accommodation units - a 2 bedroom apartment and a 1 bedroom apartment in a mixed use block we recently developed. We look at the occupancy and performance statistics over our first few months of bookings, as well as a review of the different OTAs (online travel agents - spoiler ALERT: one of them was terrible!) and where the bookings came from, the financial details of them (income, expenses and pr...