New Airbnb Listings, Beware! #shorttermrentals
Summary
AI-generatedWhen creating a new listing on Airbnb, it defaults to a flexible cancellation policy. While the host recommends using a flexible policy because it leads to higher occupancy, he suggests updating the cancellation policy right away if you don't want it to be flexible, or searching his video about the Flexibility Concept on YouTube to understand the benefits of using it.
Key insights
Airbnb may favor listings with flexible cancellation policies and provide a boost in search rankings to fill gaps caused by last-minute cancellations.
Mistakes to avoid
Not checking and updating the cancellation policy on your new Airbnb listing, potentially leading to unwanted flexible cancellation terms.
Tools & resources
YouTubewebsite
YouTube video about the Flexibility Concept.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial