If you’ve read or seen Eat, Pray, Love, you’ve probably considered vacationing on the beaches of Bali. René Theil fell in love with Indonesia long before Julia Roberts, and he has owned his own ‘little escape’ on the island for 17 years. When he wasn’t using the property, he rented it out to friends and friends of friends.
In 2011, René was living in Hong Kong, and he had just started both a business and a family. With fewer and fewer opportunities to use the vacation home himself, he decided to renovate the villa in Sanur and list it on Airbnb. Now René is scaling up, managing five properties in Bali—with nine more on the horizon in the coming year.
René has been a Superhost for the last ten quarters, and today he is sharing his vast experience with the Get Paid for Your Pad Audience. He explains the process of leasing a villa in a country where foreigners are not allowed to own land and the concept of having a staff, which is common in Bali. Listen in for René’s insight on providing guests with a stellar under-the-roof experience and leveraging technology to manage multiple properties remotely!
The lucrative vacation rental market in Bali
How René got into hosting
How René is scaling up
René’s insight around investing in Bali as a foreigner
What René has learned as a host in Bali
The concept of a staffed villa
How René manages remotely from Hong Kong
This episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests!