How much did I make with Airbnb and VRBO in 2023 vs 2022? Gross and Net revenue numbers!
Summary
AI-generatedThis video analyzes 2023 vs. 2022 gross and net revenue for Airbnb and VRBO properties, revealing a slight year-over-year decline. It discusses factors like inflation, travel trends, and unexpected expenses, offering insights into profitability and future outlook.
Key insights
Whispering Woods cabin grossed $67,680 in 2023, down from $71,900 in 2022, while Moonlight Ridge grossed $80,000 in 2023, down from $85,860 in 2022. Both properties experienced revenue decreases.
Mistakes to avoid
Underestimating the impact of major repairs or renovations on net revenue. Significant expenses, like those from storm damage, can drastically reduce profitability even if gross revenue remains stable.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial