It’s August in London and it finally turned hot after many weeks of rain. I was really busy in June and most of July but it has gotten quieter in August and I have decided to drop my prices slightly to reflect that. Although I did put the price up on one room on a Friday night by 50% (because I didn’t want it filled that night as I had plans the next morning) but it sold suddenly at the last minute to a really nice man from Taiwan.
Brexit and Airbnb
In June the UK voted to leave the European Union. The immediate effect of Brexit was the £ Sterling dropped a significant amount against mainly the US dollar but also against many other currencies. This means visitors to the UK will find prices cheaper so I think this is good for Airbnb hosts. More people may choose to visit the UK (a place previously seen as expensive) when they realise it will be cheaper than other major destinations.
Although I do get many guests from the European continent I get much fewer French and German guests than I do from Eastern Europe. Why this might be I’m not sure. I may start seeing more guests from Asia and North America because of the more favourable exchange rate and because their economies are better than Europe.
Can a guest amend a booking if it has already started?
A guest recently stayed with me who had come to London from France for a new life in London and only wanted to stay with me for 3 nights to give her enough time to find a permanent place to stay. I prefer guests who come to London for sightseeing and not those who are coming here to find work etc. One of the reasons for this is because some guests start using my address when filling out forms etc when they first arrive. For example this guest even ordered GiffGaff sim cards to my house before she arrived. The problem with this is now I will be receiving junk mail to my house in her name for the next few years.
The guest asked to end her stay one night early and sent me a booking change request on airbnb. The reason she wanted to end her stay early was because she had found a new permanent place to live and she wanted to get some money back from her stay with me. I was surprised because I had no idea this was possible. I had even been paid out for her stay and had spent the money, so I had no idea how this would even work refund wise (I have since learned airbnb take the money from your neat booking payout).
I told her I would not agree to the amendment. It was not in my interest to lose a nights payment and because of the short notice I was unlikely to get another booking, which would anyway be more hassle for me to clean everything and check-in a new guest etc. I have a 5 day minimum notice cancelation setting for my listing anyway. I gather she was not impressed by my decision (I don’t think I was unfair under the circumstances and the amount of money was quite small at £20), and she even went to the extreme of cancelling the reservation presumably in an attempt to try and reclaim some money, which achieved nothing of the sort.