EP122: This Week in the World of Airbnb

Get Paid For Your Pad
Published: January 26, 2017
Hosting Operations

Summary

This article discusses the impact of the Trump administration on Airbnb and hosts, the rise of professional Airbnb investors, and a comparison of Airbnb and hotel occupancy rates and average daily rates. It also highlights a gadget, the Ring Video Doorbell, that can solve common hosting problems. Hosts should be aware of potential regulatory changes and adapt strategies accordingly.

Key Insights

  • Average daily rates are only $20 lower for Airbnb's than hotels ($149 vs. $169).
  • 6% of Airbnb hosts in New York City have 3 units or more and account for 1/3 of revenue.

Action Items

  • Consider implementing a Ring Video Doorbell to address issues like extra guests.
    Effort: low
    Impact: medium

Tools & Resources

  • Ring Video Doorbell: Ring Video Doorbell is mentioned.(ring.com)

Common Mistakes

  • Failing to manage guest numbers can lead to issues and potential guest dissatisfaction.

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