Do NOT Remove Your Cleaning Fee! (I am warning you..)

Sean RakidzichMar 12, 202519m 25s9.5K viewsScore 88
Pricing & Profitability
intermediate
cleaning fees
Airbnb algorithm
dynamic pricing
host strategy
cost management
M

Summary

AI-generated

This video explains the history and current role of cleaning fees in short-term rentals, arguing that they are often necessary for profitability and algorithm performance. It advises hosts on how to rightsize their cleaning fees based on property type and market conditions to avoid negative impacts on bookings and revenue.

Key insights

  • For small apartments and private rooms, a $0 cleaning fee can be beneficial for last-minute extensions, as it avoids artificially lowering the daily rate.

Mistakes to avoid

  • Having a cleaning fee that is too high can negatively impact search ranking when guests view the 'total fees included' price, potentially reducing bookings.

Tools & resources

  • Revenue Managers Handbook & Mentorshipcourse

    Sean Rakidzich offers a handbook for revenue management and mentorship programs for short-term rental hosts.

Frequently Asked Questions

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