My life as an Airbnb Host What I've learned from hosting and how I make money using Airbnb

ArchiveMarch 2015

Why I use Instant Book for my Airbnb listing

W

This week I turned on Instant book for three of my listings. I was always hesitant to use instant book because I liked the added sense of security of getting the chance to weed out undesirable guests at the request to book stage. When a guest wants to stay in your listing on airbnb they have to request to book by sending you a message introducing themselves. Only if the host is satisfied with the information the guest has provided do they release pre-approval for the guest to make payment and secure the booking. If you turn on Instant book guests can book without going through the request to...

Checking out the Airbnb competition

C

Between changing bedsheets and checking-in guests I often peruse the listings of my fellow Airbnb hosts. Partly to get a feel for who’s charging what in the market also partly to steal ideas for making my listing look more attractive. A very price sensitive market How much of a price sensitive market is Airbnb? Very I feel. Especially at the sub £50 a night level. A simple search reveals a £5 increase per night from £35 to £40 the number of listings jumps from 149 to 317, more than 100% increase. For anyone looking to make some serious money being a airbnb host then this is not very...

Do I need to pay tax on my income from Airbnb?

D

Hotel Tax In the UK there is currently no hotel occupancy tax and to my knowledge no intention to introduce one. VAT  VAT is payable on Airbnb’s service fee (collected by Airbnb at the time of booking so nothing for you to do here) but no VAT is currently chargeable on rent in the UK. If such a time comes the government decides that money earned from Airbnb is no longer rent but a service fee then VAT may become payable. Income Tax Income tax is payable on any earnings in the UK. The same applies in most developed countries. You are kidding yourself if you think that profits earned from...

Should I be charging a cleaning fee?

S

You can opt to charge your guests a cleaning fee on top of their booking fee. The fee is of course a one off fee added to the total. The question is should you be charging this fee? Why I don’t charge a cleaning fee I don’t charge a cleaning fee. There is just isn’t a good enough reason to charge one. In fact I would say that if you do charge a cleaning fee then guests might well assume that they don’t need to clean up after themselves as they have paid for cleaning on top of their booking fee. If I were a guest I would personally find a large cleaning fee off putting...

My life as an Airbnb Host What I've learned from hosting and how I make money using Airbnb

Recent Posts

Categories

Pages

Top Posts & Pages