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In this episode of "Get Paid for Your Pad," I, Jasper Ribbers, had the pleasure of hosting Doron Meyassed, the founder and CEO of Plum Guide. Our discussion delved deep into the intricacies and unique approach of Plum Guide, an OTA (Online Travel Agency) catering to a niche market of discerning travelers, typically urban dwellers earning upwards of $150,000 annually, who are passionate about design, culture, and travel.

Doron shared his global upbringing and his entrepreneurial journey before Plum Guide, including his experience with creating online communities for prominent clients like Spotify, Airbnb, and Google. The concept of Plum Guide was born from a unique Airbnb experience in Tel Aviv, prompting Doron to explore the idea of a platform that showcases properties where hosts have invested considerable effort into every detail of the guest experience.

Plum Guide sets itself apart by rigorously vetting properties, accepting only the top 3-5% across three price points: medium, high, and luxury. The platform addresses major pain points for travelers: ensuring consistent quality across homes, helping guests match with the right property, and providing exceptional service. Their service teams include Matchmakers who assist guests in selecting homes and a customer service team for round-the-clock support.

Doron also elaborated on Plum Guide's no exclusivity policy for hosts, their integration with major PMS systems, and their focus on European and North American markets. He further discussed the company's stringent standards for hosts, the importance of transparent guest reviews, and the emphasis on managing expectations to enhance guest experiences.

For hosts interested in joining Plum Guide, the process involves an application through their website or via channel managers, followed by a selective vetting process. Doron highlighted that, on average, homes generate 10-20% of their revenue from Plum in the first year, with potential for growth. He also emphasized their commitment to price parity across platforms to maintain fairness and trust.

Doron encouraged hosts passionate about their craft to reach out to Plum Guide. For those looking to book a unique stay, he recommended exploring Plum Guide's carefully curated selection of homes. Visit www.plumguide.com to discover more about this distinctive platform that's redefining the standards for vacation rentals.

Listeners, I hope you found this episode insightful and informative. Stay tuned for more enlightening discussions on "Get Paid for Your Pad."

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