Here's when you SHOULD charge an Airbnb guest extra

RobuiltOct 3, 202218m 55s24.7K viewsScore 85
Hosting Operations
intermediate
damage claims
guest reviews
cost of doing business
property management software
damage protection
M

Summary

AI-generated

This video explores when short-term rental hosts should charge guests for damages and the potential impact on reviews. It advocates for viewing damages as a cost of doing business and highlights the benefits of using property management systems and damage protection plans to reduce stress and protect revenue.

Key insights

  • Retaliatory negative reviews after charging a guest can sometimes be removed by Airbnb if they violate terms of service, but the effort involved is often not worth the outcome.

Mistakes to avoid

  • The mistake of nickel-and-diming guests for small amounts ($10-$30) can lead to them feeling defensive and leaving lower reviews, even if they initially agree to pay.

Tools & resources

  • Airbnb Calculatortool

    Robuilt offers a free Airbnb calculator to help hosts estimate potential earnings and costs.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial