How to Get More Bookings on Airbnb: Crucial Tips for Hosts

Nowadays, Airbnb is a popular household name that comes up whenever people are planning to travel. It has offered so much convenience that most hotels do not provide, which is why it has grown since its inception. Today, on average, an Airbnb host can make an annual income of $25 000 from hosting guests. There are people who make more depending on their property and occupancy rate. Cleanliness plays a big role in how guests see a rental property. As much as home aesthetics and locations help, the general cleanliness of your space is important and something you can control. With a few steps, you can clean up your space, creating a relaxing retreat for guests. Here are some Airbnb tips for hosting that can help you improve your hosting game.

  1. Increase in bookings

Some time back, Airbnb launched a campaign by the name Summer of Responsible Travel. The campaign is aimed at helping hosts, guests, and communities feel safe. Even though the threat of Covid-19 is yet to disappear, people are still traveling, even if they are making short trips. Platforms like VRBO and Airbnb continue working hard to ensure that people can still travel safely. Now more than ever, Airbnb hosts can increase their bookings and make money in the process.  

You may assume that the go-to solution for making more money is raising your Airbnb fees, but that is not always true. Instead, do some calculations and see how your business will do if you charge a fair average rate. There is a high chance that if you reduce your price, your bookings will increase, and this can lead to more revenue. Do not forget to account for the cleaning fee, inventory, and other things.

Advantages of Online Booking Systems :
💡Your business is open around the clock.
💡You can maximize reservations.
💡You get paid quicker.
💡You’re not tied to a phone.
💡 It’s easy to manage your calendar.

  1. Improve your ratings

Have you ever visited a place and immediately questioned whether any cleaning was done? The chances are that you probably did not sleep well, and you woke up feeling exhausted or even dirty. Other times you have probably slept in a clean and comfortable place where you had a peaceful sleep. On Airbnb, it is all about putting yourself in guests’ shoes. When you are confident that every inch of the place is clean and well maintained, you will sleep well. As a host, you need to think like the guest. This makes it easy to pinpoint areas that need some improvement. You can be sure that your Airbnb will be cleaned thoroughly if you work with professional cleaners. Besides cleaning, here are a few other things that can help improve your ratings:

  • Activating Instant booking
  • Using good photographs
  • Being responsive
  • Providing amenities
  • Enhancing guests’ experiences by suggesting places they can visit
  • Reduce cancellations

Tips to increase and improve your customer reviews:
💡Put your reviews front and center.
💡Get on the same sites as your customers.
💡Contact those who leave you glowing reviews.
💡Reward those who review. 
💡Give your customers a reason to review you. 

  1. Grow your cash flow

Gone are the days when guests were only interested in a room where they could stay for the night. Today’s traveler wants a place that offers a built-in experience. It can be in the form of the amenities you offer or taking advantage of where your unit is located to offer guests the ultimate getaway. Here are some useful tips that can help you create a memorable experience for the guests and add to your cash flow:

  • Take advantage of the location: If your Airbnb is located near a popular nightlife area, ocean, or botanical garden, promote it.
  • Take good photos that will help you sell the space: A poorly designed Airbnb will lead to lower occupancy rates and, in return, harm your income.
  • Invest in some upgrades: If your kitchen appliances have seen better days or the hot tub on the deck is worn out, replace them. Tasteful upgrades help attract guests looking for that comfort.
  • Add an all-in-one property management system, whether you own one or 20 properties. It will make managing easier and eventually lead to increasing your cash flow.
  • Today there are many sites and apps that help hosts and property managers run an Airbnb space. They bring hosts and cleaners together, allowing one to find new cleaners in an area, schedule them for cleaning, and pay the cleaners.

When someone is thinking of being an Airbnb host, the first thing that comes to mind is how much work will be involved. And just like any other business, if you want your hosting job to grow, you will have to put in the work. With these Airbnb tips for hosts mentioned above, you can have a clear idea of what it takes to be a host.

What are the 3 types of cash flows 🤔?
There are three cash flow types that companies should track and analyze to determine the liquidity and solvency of the business: cash flow from operating activities, cash flow from investing activities and cash flow from financing activities. All three are included on a company’s cash flow statement.?

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