
Airbnb for Dummies

Coffee maker: Most people consider a basic coffee maker as a must-have. Along with this, include some fresh coffee available that will last at least the first morning of your guests’ stay.
James Svetec • Airbnb for Dummies
Welcome gift costs: Do overdo it. Match the value of your gift to the overall value the booking. Spend up to 3 percent of the total booking value, but almost never exceed $50 per stay on the total value of the welcome gift. To read more about welcome gifts, refer to Chapter 11.
James Svetec • Airbnb for Dummies
If so, your best course of action is to look at your calendar and block off any questionable dates. You can always open them up later. Deciding later that you want a date back after a guest has booked will require you to cancel that guest’s booking, so plan ahead now to have peace in the future.
James Svetec • Airbnb for Dummies
If mostly booked for next two weeks, then stay the course until your listing is mostly booked four weeks out — aim for 80 percent plus occupancy. If not booked out, drop pricing by another 10 percent every week until you’re booked four weeks out. If more than four weeks are booked within the first week, then raise prices by 10 percent every week un
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Initial setup required: Although the process has become easier over the years, the early setup can be a steep learning curve for some hosts. We highly recommend you research your market to establish your baseline pricing and understand any seasonality before setting up third-party dynamic pricing.
James Svetec • Airbnb for Dummies
After you start to optimize your costs, you’ll quickly discover a limit to how much you can cut. Your next best option to boost profits is to increase your booking revenue for your Airbnb listing. You can do that by increasing your occupancy rate, your average nightly rate, listing availability, or all the above. The following sections examine each
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Plants: Including plants in your space is important. Any homey space has some kind of greenery or plant. Even a faux plant is okay.
James Svetec • Airbnb for Dummies
In reality even if you have basic cable, which is oftentimes still unnecessary, people typically prefer a smart TV or HDMI cable that they can use to connect their computer to the TV and stream their favorite shows.
James Svetec • Airbnb for Dummies
Games: If you’re welcoming groups or families into your space, then having some games to play is a great way to win them over. Whether you’re providing cards or board games, guests are often delighted to have those options. Especially if your market is heavy in groups, it’s yet another way to set yourself apart from your competition.