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

Tagairbnb pricing

Airbnb Single Night Bookings

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It’s February in London and apart from a small dash of snow it’s been a rather mild winter. Unlike last winter I have not been forced by Airbnb to refund my guests because their train or plane was cancelled due to the snow ‘force majeur’. This may seem fair to the guests but for me it was a real loss. Should you be accepting one night bookings? One of the reasons for my success (if I may say so) at airbnb is that I am willing to take 1 night only guests. It’s very tempting not to take single night guests because of the trouble re-setting the room  and checking in...

Is Airbnb forcing down your prices?

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The heatwave that has engulfed London this summer has finally ended (we think). After some of my guests complained the rooms were too hot to sleep in I ordered some fans for the bedrooms, however these did not arrive before the hot weather ended! I suppose they might come in handy next year. Is Airbnb trying to make me lower my prices? When I first started being a airbnb host in 2014 I charged a basic £20 per night for a single person. Today I charge about the same. I assumed as time went on my prices would steadily increase. I figured this not only because of inflation but the general...

Checking out the Airbnb competition

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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, 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...

How do I price my Airbnb listing?

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What price you should charge depends on your market but there may be other factors to consider what price you are going to charge. Other factors might be: The cost to clean the room and sheets Your free time taken up to meet the guests, check them out etc. The rent you could have received from a local long term renter Your location could determine the type of guest you will get no matter what service you provide My listing is in Newham, East London; a reasonably central suburb it is none the less the wrong side of London if you are a tourist (my main market). I could try and aim more towards...

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

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