We all know that you can save money by buying in bulk. And most short-term rental hosts do try to negotiate discounts when we purchase multiple mattresses, rugs or couches for our units. But what if you could leverage the purchasing power of, say, 50,000 STR hosts AND have someone else do the negotiating for you? What if you could get up to 75% off the furniture and amenities you need to set up and manage your Airbnb units?
Jeff Iloulian is the Cofounder and CEO of HostGPO, the first international group purchasing organization for the short-term rental industry. Jeff’s team helps professional vacation rental managers save time and money by offering access to exclusive deals on furniture, mattresses, linens and STR amenities. Jeff has nearly ten years of experience as a host himself, running as many as 150 units in Southern California.
On this episode of Get Paid for Your Pad, Jeff joins me to discuss the benefits of joining HostGPO, sharing the conditions for becoming a member and some of the brands HostGPO partners with. He walks us through the process of ordering through HostGPO and explains the minimum requirement for purchases. Listen in for Jeff’s advice for hosts moving into 2021 and learn how you can save up to 75% on furniture and amenities for your STR units!
Jeff’s advice for vacation rental managers moving into 2021
How Jeff thinks about the trend toward secondary markets
How hosts can save up to 75% through HostGPO
The cost and conditions of joining HostGPO
Some of the brands HostGPO partners with
The requirements around minimum purchases
How much hosts save through HostGPO
The benefits of joining HostGPO
How it works to order products through HostGPO
How HostGPO’s conditions differ from buying full-price
What Jeff wishes he would have known from the start