Airbnb is Getting Rid of Fees?? #airbnb #realestate

The Real Estate RobinsonsNov 1, 20230m 59s2.3K viewsScore 75
Pricing & Profitability
intermediate
Pricing Strategy
Airbnb
Revenue Management
Dynamic Pricing
Guest Reviews
M

Summary

AI-generated

The video discusses Airbnb's updates to its platform, including the implementation of total price display (including all fees before taxes) in search results, prioritizing total price in search ranking algorithms, and guidance to hosts that checkout requests should be reasonable and displayed to guests before they book. It also mentions that pricing tools for hosts will be launched in 2023.

Key insights

  • Airbnb will prioritize total price (instead of nightly price) in the search ranking algorithm so listings with the highest quality and best total prices will rank higher in search results.

Mistakes to avoid

  • Do not set unreasonable checkout tasks such as stripping the beds, doing the laundry, or vacuuming when leaving.

Tools & resources

  • PriceLabstool

    Dynamic pricing tool for Airbnb hosts.

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