A damage waiver sounds like protection, until it's the reason a guest books somewhere else…

Short Term Rental RichesAug 13, 20260m 22s44 viewsScore 82
Pricing & Profitability
intermediate
Pricing Strategy
Profitability
Occupancy
Insurance
Airbnb
M

Summary

AI-generated

This video highlights how flat-fee damage waivers can inadvertently lower occupancy rates by disproportionately increasing the cost of short, low-cost stays. It advocates for property protection strategies that don't add visible fees for the guest at checkout.

Key insights

  • Flat fees for damage waivers hit short, low-cost stays the hardest, sometimes adding as much as 50% to the total booking cost.

Mistakes to avoid

  • Charging a flat damage waiver fee regardless of the Average Daily Rate (ADR) or length of stay, which can price you out of the market for short bookings.

Tools & resources

  • Revenue Potential Quizwebsite

    A tool to help hosts identify how much more their property could be earning.

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