What if the real secret to success isn’t more properties, more tech, or a bigger team… but something far simpler?

In this episode of Building It, I sit down with Lisa Peterson, founder of L’Abode Accommodation — a business she started from her bedroom, now managing over 250 properties across five states. She’s one of the most grounded, thoughtful operators I’ve ever met, and her story is packed with wisdom for anyone in the accommodation space.

We dive into the one thing so many people overlook when they’re growing their business: profitability. Not revenue, not bookings — but actually making money. The kind of business that pays you back for the effort you put in, instead of draining you dry.

SHOW LINKS:

L’Abode Accommodation – https://www.labodeaccommodation.com.au

#HospitalityProfit #ScalingWithSystems #AccommodationGrowth

📋 In this episode, we discuss:

00:00 – Meet Lisa Peterson: From 13 Years in Business to 250 Properties

01:22 – Why Sharing Knowledge Fuels Industry Success

05:28 – Building Community and Connection in Short-Term Rentals

07:58 – Growing Up with Nothing: Lessons in Hard Work and Money

14:20 – Discovering Holiday Rentals and the Spark to Start

16:39 – Launching with $10k and Scaling to 90 Properties in 6 Months

19:24 – Solving Problems with Scalable Systems

22:40 – Why Concierge Services Don’t Pay and Cutting Unprofitable Tasks

25:20 – Building a 50/50 Onshore/Offshore Team

26:34 – Tracking Staff Performance with Monday.com and Hubstaff

31:18 – Profitability Mindset: Beyond 20% Management Fees

34:07 – Final Tips: Increase Net Profit and Build a Real Business

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

🥊 Hotel - BNB - STR Owners! 🥊

Need more direct bookings or a brand new website?

The trusted tech partner you can count on. We deliver results.

🥊 https://www.ibooked.online ​​​​​​​​​​​🥊

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Don't forget to hit that subscribe button! This also keeps us going and creating more useful content for free!

ACCOMMODATION OWNERS AND MANAGERS FREE RESOURCES!

📧Join the mailing list for freebies and critical industry updates: https://news.theaccommodationshow.com/

🌍The Accommodation Owners and Managers Facebook Group: https://bit.ly/AMoFacebookCommunity

🗨 Connect with Bart Sobies for more industry insight: https://www.ibooked.online/bart/

🎙 Subscribe to the podcast to listen later: https://www.theaccommodationshow.com

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Disclaimer: The content shared on this YouTube channel, Podcast, or associated posts reflects personal opinions and insights. This content is not intended as legal, financial, or investment advice. Always consult with licensed professionals before making decisions. The hosts and guests disclaim liability for any consequences of using this content. Actions taken should be based on your personal due diligence.

Affiliate Disclaimer:

This blog, podcast & youtube channel; will occasionally contain affiliate links, which means I receive a small commission on a purchase without additional cost to you, if you buy something through my links.

This show aims to educate viewers and share everything I know about improving your accommodation, STR and AirBNB business. I believe in the products and services we link to and that you may benefit from them.

If you do purchase through my affiliate links; I want to thank you for your support.