Don't Rely on Airbnb, Build Your Own Direct Booking Platform | Mark Simpson E36

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5 • 910 Ratings

🗓️ 4 April 2023

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today’s episode, Rich sits down with Mark Simpson, founder of Boostly – a company that gives hosts and property managers the tools, tactics, and training to increase their direct bookings. Mark is from the UK and grew up in the hospitality industry, which is where his passion began for helping other hosts. Rich and Mark talk about the importance of building your business using your own direct booking platform, and not fully relying on Airbnb, Booking.com, Expedia, or other platforms. They ...

Transcript

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0:00.0	Everything that's a
0:02.0	is moving away from the original model that it started with,
0:04.5	which is like, we're here for the host.
0:06.5	It's not for the host anymore.
0:07.5	It's for their guest.
0:08.5	It's for their shareholders, which they have to.
0:10.3	You know, they've grown and have expanded this IPO.
0:12.0	It's a huge corporation IPO it's a huge
0:13.7	business but every step that they do every finger click that they do they move
0:17.6	further away from supporting the host and so you're right there's going to be
0:21.5	people that will pay 20%.
0:23.7	25% who knows what they'll be willing to pay to get that number one spot because they
0:27.6	want the eyeballs because it's not 2020 anymore.
0:30.7	It's not 2021.
0:31.9	This is 2023.
0:34.0	Welcome to the Rich Drummers Report where we talk real estate, business and wealth building, all
0:38.8	while keeping it real. No fluff, no BS. I hope that you enjoy the show.
0:43.2	All right guys, welcome to another episode of the reports.
0:51.2	Today we are out in Nashville for the SGR Wealth Conference and I got my man from
0:56.2	the UK. He is the king and expert of direct bookings. I got the CEO and founder of Bousley. I got none other than Mark Simpson.
1:05.0	Welcome to the show my man.
1:06.0	Thank you so much having me.
	...

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