Airbnb Cancellations... whats happening?

Short Term Sage - Airbnb, Vacation Rental HostOct 19, 20218m 39s904 viewsScore 75
Pricing & Profitability
intermediate
seasonal dips
cancellation management
booking strategies
host income
Airbnb seasonality
M

Summary

AI-generated

This video explains the seasonal dip in Airbnb bookings between August and October, often referred to as the "August school law." Hosts will learn about the underlying causes, including the end of summer travel and the return to school, and discover strategies to mitigate cancellations and maintain income.

Key insights

  • Factors like the Delta variant, wildfires, and hurricanes in August 2021 also contributed to an increase in cancellations.

Mistakes to avoid

  • Assuming that the high booking demand experienced during COVID-19, particularly in 2020, will continue indefinitely without accounting for natural seasonality.

Tools & resources

  • AirDNAtool

    AirDNA is a tool used for analyzing short-term rental markets, providing data on occupancy and demand trends.

Frequently Asked Questions

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