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The Airbnb Academy- A quick guide


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    What is the Airbnb Academy?

    Our vision is a world in which everyone can access and enjoy the power of technology and tourism. The Airbnb Academy is a tourism development programme built by Airbnb, focused on giving underrepresented and under-resourced communities the tools and resources to take part in tourism through the Airbnb platform. Programme features an immersive training curriculum focused on what it takes to succeed on the Airbnb platform. The Academy has four phases built from Airbnb’s first-hand knowledge and insights, they include: participant recruitment, training, post-training support, and community building.
     
    The curriculum introduces tourism as a business opportunity, builds familiarity with the Airbnb online marketplace, supports participants in publishing a Home or Experience listing and builds meaningful connections between participants.
     
    Upon completion of the Academy, participants are:
    • Confident using the Airbnb app and website;
    • Empowered to tell their personal story on a tech platform;
    • Published on the platform, with a Home or Experience listing that stands out;
    • Part of the Airbnb community and belong to a network of tourism entrepreneurs around the world.

    Why the Airbnb Academy?

    Post COVID-19, tourism recovery is likely to be uneven. Under-resourced communities were some of the first affected and may be the last to recover from the pandemic. Yet, the flexibility and accessibility of Airbnb’s platform make it easy for people across emerging markets to become tourism entrepreneurs and now more than ever, Airbnb will be a lifeline to many hosts and communities.
     
    Unlike mass travel which bottles up the economics of tourism and takes money out of communities, Airbnb is a healthier form of tourism where hosts keep the vast majority – up to 97% – of the money paid by guests. Hosts set their own prices, and they benefit from reviews that help them create followings among the guest community.

    What is the Airbnb Academy’s background?

    In 2017, Airbnb Academy opened its doors in South Africa to offer hospitality and technology training to underserved towns and rural areas. As part of their USD $1 million commitment to inclusive tourism in Africa, Airbnb expanded the service to other neglected communities in South Africa and Kenya. The effort has recently expanded to include populations in countries other than Africa, such as Guyana and Argentina. Moving forward, we’re considering ways to expand the Academy to realise our vision of a world where everyone can enjoy the power of technology and tourism.

    Airbnb data

    How can you collaborate with Airbnb Academy?

    To deliver the Academy, we collaborate with grassroots organisations. They assess our partners using four essential criteria:

    Proven track record

    A track record of functioning in the community and generating outcomes.

    Shared values

    A community-first approach that is consistent with Airbnb’s values of belonging.

    Strong training

    An organisation with experience in skill development and training with a technological focus.

    Tourist expertise

    An organisation with competence in tourism development.

    They find a cohort of motivated individuals in under-resourced or under-represented communities with significant tourist potential by collaborating with our partner organizations. They provide resources to individuals who need to create Homes and Experiences on Airbnb and become leading tourism entrepreneurs in their community.

    Airbnb strives to meet the demand of 21st century travellers seeking more sustainable and impactful ways of travelling by opening up economic opportunities for individuals through Airbnb Academy.

    What services does the Airbnb Academy provide to partners?

    Community assessment tools

    Recommendations for assessing your target community’s tourist requirements and prospects.

    Curriculum for training and learning

    Recommendations for arranging and facilitating digital skills and Academy training in your community.

    Groups and discussions

    A frequent online platform where partners can connect to share ideas and motivate one another.

    Access to the Airbnb Academy team

    Access to Airbnb staff who can answer queries and provide useful resources.

    Feedback

    An opportunity to share learnings with Airbnb and provide feedback that will help shape the programme.

    What exactly is an Airbnb coach?

    If you want to market your property but don’t know where to begin, an Airbnb coach can assist you! Whenever you have a question about the Airbnb hosting process, from making your listing to greeting your first guests, you can message them! They, too, had a million stupid questions when they first started their Airbnb, and they’d love to answer any of yours!

    How Can an Airbnb Coach Assist You in Succeeding?

    Airbnb coaches are like superhost friends that will guide you through the process of creating your listing. They’ll make sure you’re hitting all the right notes and telling a story that your guests will enjoy. Your coach can make changes to your listing before it goes public, look over your images, and offer suggestions. They will ensure that your listing is fully optimized and appealing to guests!

    Conclusion

    If you’ve ever considered renting out your home on Airbnb, you know how difficult it is to market your property. Overpricing your home will significantly reduce the number of bookings. The vast majority of your competitors will undercut your prices and steal all of your clients. So the cost is low, right? If you price it too low, you’ll be leaving money on the table, not generating enough sales to cover expenses, and eventually being unprofitable.
    So, what should you do? There’s no need to worry since Airbtics provides historical, current, and anticipated rental data. You can also calculate your Airbnb revenue using the Airbnb investment calculator by multiplying your daily rate by the year-round occupancy rate.

    Refrences| Airbnb.co

    READ MORE- Airbnb vs Renting – Is Airbnb more profitable?

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    Alternatives & Reviews

    Airbnb vs VRBO: Is VRBO better than Airbnb?


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      Airbnb vs VRBO: Which Is Better?

      Airbnb and VRBO are two of the most popular vacation rental sites among both guests and property owners. When determining where to market your home, you may wonder which of these two approaches will result in greater results for your short-term rental business. As a guest, you may be curious to learn which of these platforms will match your individual needs and aid you in organising your ideal vacation.
       
      We compared Airbnb and VRBO and looked at their important features, differences, benefits, and downsides to help you decide.
       
      The major distinction between Airbnb and VRBO is what each has to offer.
      Let’s dissect it.
       
      Type of accommodation:

      The main distinction between these two platforms is the type of lodging they provide.

      • VRBO only provides stand-alone holiday houses.

      • Aside from stand-alone vacation houses, Airbnb also offers shared spaces and even hotel rooms. But, it usually does not provide a private room or other oddities such as camping. Although it began as a home-sharing concept, it currently hosts a wide range of lodgings.

      In other words, if you’re seeking a place to stay for a family reunion, both Airbnb and VRBO are viable options. Stick with Airbnb if you want a cheaper shared space or something out of the ordinary.

      Search feature

      Both Airbnb and VRBO provide similar, easy-to-use search features.

      Airbnb’s page looks a lot nicer and it contains some interesting visual components on the map, such as pricing and important locations. In comparison, VRBO’s page is clunky and out-of-date, with a banner ad.

      Aesthetics aside,  VRBO has a far superior filter and sort functionality than Airbnb. VRBO’s filters are also easier to use. “Pets allowed” is one of VRBO’s prominent search features, which can be extremely useful to many travelers. But, it’s buried deep in Airbnb’s menus under “house rules.”

      Omit, Airbnb restricts users’ ability to filter and search based on these simple factors.

      Selection

      This is a no-brainer. As of September 2020, Airbnb had 5.6 million active listings, and while VRBO doesn’t disclose this figure, it’s likely smaller. The gap is instantly revealed while searching in the same area on both platforms.

      In the tiny town of Forks, Washington, for example, an Airbnb search yields 42 listings with a wide range of housing options and pricing.

      On VRBO, a comparable search yields only one active listing.

      This isn’t a coincidence. Omitting the sheer volume of listings available, Airbnb outnumbers the competition.

      Airbnb data
      Booking

      Both vacation rental websites are booking platforms for property hosts. That is, you are booking a property “via Airbnb” rather than “an Airbnb.”

      This may make the booking process unusual for people used to staying in hotels.

      You must first make a booking “request,” which includes a price quote and a message to the host, for all VRBO and select Airbnb homes. Before approving or rejecting your request, the host considers your profile and past host ratings. To put it, the host must approve your reservation before it gets confirmed.

      If all that sounds like too much trouble, Airbnb offers a “quick book” option for some properties.

      Flexibility

      Both Airbnb and VRBO allow the property manager to set the cancellation and change policies for the booking. Because these regulations differ from one property to the next, it’s impossible to say which one provides the most flexibility.

      Yet, there are distinctions in how these policies are mostly communicated, implemented, and exhibited; once again, Airbnb has a little advantage.

      Airbnb gives hosts the option of selecting from a variety of flexibility rules, ranging from “flexible” to “strict.” Each policy has a color-coded timeframe to make it easier for potential guests to understand.

      The restricted policies and clarification offered by Airbnb take some of the guesswork out of determining whether to click “book.” Based on the booking dates, it’s easy to determine when you can get a complete refund or lose your entire booking cost.

      VRBO’s policies aren’t as simple or precise. These options range from “no refund” to “14/7,” which indicates you’ll get a full refund if you cancel 14 days or more ahead of time, and a 50% refund if you cancel at least seven days ahead of time. These policies are like those of Airbnb, but they are more difficult to compare.

      Service Charges

      VRBO’s servicing fees are often less expensive. Although the cost of your rental will determine your final cost, a VRBO rental is less expensive than an Airbnb rental.

      A split-fee structure is available on Airbnb. This means that the host’s payment is slightly reduced by an Airbnb service fee, and guests are also to pay a service fee. Most hosts pay a 3% service fee, although some may pay more (like Airbnb Plus hosts).

      The majority of guests pay a service fee of roughly 14% of the total booking price. But, certain guest service costs might be as much as 20%!

      VRBO also charges a service fee, which ranges from 6 to 15% of the total cost of your reservation. Because VRBO  does not offer individual rooms, the host has no way of covering the total service cost. Because you’re more likely to pay a lower service cost with VRBO, it’s the best option.

      Reviews

      Viewing property details is just one option for Airbnb users to learn more about a potential house listed on the platform. Guests can also submit reviews after their stay, rating everything from the veracity of the listing’s description to the cleanliness of the property. The site’s review area is also searchable, so if you have a specific worry about Airbnb, you may filter reviews to get answers.

      VRBO also has a review feature where users can score their experience at a specific property. Homeowners can respond to a reviewer on the site, and their responses are already posted next to the review. This suggests that before commencing the process of making a reservation, you should. Users of VRBO can not only discover more about a property’s amenities but also about the experience of staying there. Homeowners can teach them a lot.

      Conclusion

      There is no clear winner when it comes to Airbnb vs. VRBO. It depends on the type of trip you want to take. Because of the variety of rental types, the large host network, and the suite of “explore” services, Airbnb may be a better option for those looking for a more adventurous vacation. VRBO may be a better fit for you if you’re looking for a real holiday, a true escape for yourself. Of course, this isn’t a hard and fast rule, and each website has a variety of tools and rentals to assist you in planning your dream vacation.

      If you’ve ever considered renting out a house on Airbnb or VRBO, you’ll understand how tough it is to market your property. If you overprice your home, you will substantially lower the number of bookings. The majority of your competitors will lower your pricing and steal all your customers. So, the price is low, right? Price it too cheap, and you’ll be leaving money on the table, not making enough revenues to pay upkeep, and eventually becoming unprofitable.
      So, what should you do? There’s no need to worry since Airbtics provides historical, current, and anticipated rental data. You can also calculate your Airbnb revenue using the short-term rental calculator by multiplying your daily rate by the year-round occupancy rate.

      References| Travelfreak.com| Mashable.com

      READ MORE- Airbnb Squatters: All you need to know

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      All About Airbnb Hosting Tips

      Airbnb Squatters: All you need to know


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        Meaning of an Airbnb squatter?

        Airbnb hosts may be aware of the term “squatting” when referring to their rental properties, but most are not aware of its relevance to their Airbnb. Airbnb and other short-term rentals in general aim to maintain a constant flow of temporary guests, which is the opposite of a squatter. Squatters are those who:

        • Occupying or settling in a place over which they have no legal claim
        • Overstays their last rental payment intentionally
        • And/or someone who illegally occupies vacant or unoccupied land or property.

        Squatting isn’t limited to long-term rentals, unfortunately. With the increasing trend of longer stays in places like Airbnb and vacation rentals, squatting can be an issue.
        Airbnb squatters are people who overstay their reservations and occupy the Airbnb property. In contrast to an Airbnb squatter, a typical squatter may have breached a lease agreement or trespassed.

        How to Identify a Squatter

        The best thing you can do for your home is to be on the lookout for squatters before they make a reservation. When you have squatters on your property, the process becomes much more difficult, so keep an eye out for these uninvited guests.

        A questionable visitor profile

        You should weed out squatters early in the reservation process when they show up, so you can avoid having to cancel the reservation or deal with squatting later on.

        You may read about all the signals to look for while screening unwelcome visitors here, however, there are a few that stand out:

        • A blurry or pixelated profile picture
        • Only complete the required fields on Airbnb
        • The profile was made before the booking request.
        A profile may be questionable

        If a guest refuses to provide you with more information, it’s best to decline the reservation. A week’s vacancy is less expensive than months of an unpaid tenancy.

        Unreliable communication

        Having a guest with a new profile isn’t usually a bad sign, especially if they communicate. Guests are not confirmed because they are unaware of how important it is. They are, after all, vacationers, not experts.

        Asking Questions

        If they don’t have an “about me” area, ask them some questions! “Could you tell me about your itinerary?” “Why are you traveling?” “Tell me more about yourself!” -these are all excellent questions for separating the visitors from the squatters. You may even receive a “green flag” response, such as a screenshot of their schedule displaying their return flight.

        References| lodgify.com | ipropertymanagment.com

        Squatters on Airbnb: Do They Have Any Rights?

        Although it may seem difficult to believe that an unlawful squatter has rights, they do! The adverse possession laws allow squatters to live in another person’s home if the legitimate owner does not take action against them. Under adverse possession rules, someone who occupies a property in an open and obvious way for a long time can get a title. This may seem unfair to you as the lawful owner, but the law is in place to discourage the ownership of underutilized property.

        Most states allow tenants to claim tenant rights after 30 days, but the rules differ by state about adverse possession. Many websites tell Airbnb, VRBO, and direct booking providers to keep their rentals under 30 days to avoid squatters. Recent mid-term rental increases have led some hosts to reconsider their mid-term rental durations to avoid acquiring a squatter.

        Tips to avoid Airbnb squatters

        Understand the Rental Laws

        When renting out their space on Airbnb, many hosts overlook leasing restrictions. The first step in avoiding Airbnb squatters is to become informed about the renting legislation in your area. An Airbnb host must know their state’s landlord/tenant laws so that they can avoid being in a situation where guests refuse to leave. You must know how long an Airbnb visitor can stay before gaining tenant rights.

        Don’t Allow Stays of 30 or More Days

        As mentioned, in most states, a guest who stays for 30 days or more acquires tenant rights. Some honest Airbnb guests will book stays for longer than 30 days and leave when their stay is up. But, to keep a temporary Airbnb guest from attaining tenant rights, ensure you keep the length of the rental under 30 days. Airbnb squatters may target you if you allow stays longer than 30 days in your unit.

        Be sure to inform guests that any arrangement is only for the duration of their stay and that they must vacate the premises at the end of their stay.

        Make all your arrangements through the Airbnb platform

        Another strategy to avoid squatters on Airbnb is to do all business through the platform. Although it may be tempting to make a few more dollars by negotiating a deal on Airbnb, this might lead to Airbnb squatters in your home. It’s hazardous to communicate with Airbnb guests outside of the platform. Conduct all your transactions on Airbnb to ensure that you have complete support from the company if you run into a squatter problem. If an Airbnb visitor tries to get you to communicate outside of the platform, something isn’t quite right.

        Make a contract with your visitor

        Another action Airbnb investors can take to avoid dealing with Airbnb squatters is to sign a vacation rental agreement. All the terms and circumstances of the stay should be explicitly stated in the agreement. Among other things, it should state check-in and check-out times, payment terms, guests’ conduct expectations, and liability for any damages. This will ensure that the guest understands your expectations and that there are no misunderstandings.

        Be picky about the visitors you accept

        Even if you have a documented contract, you may still have Airbnb squatters who refuse to leave. Even while the contract aids in some ways, it does not provide complete security when dealing with this type of visitor. As a result, you should know how to recognize an Airbnb squatter if you own a vacation rental property. The key is to complete your research before enabling someone else to book the rental. Make sure you check someone’s trustworthiness before renting them out. When authorizing a longer-term stay, this is even more important. There have been reports of Airbnb hosts renting out their space to strangers and afterward regretting it.

        Airbnb data

        How to evict an Airbnb Squatter?

        It’s critical to act to protect your Airbnb and keep it within your control. Because many Airbnb squatters strive to establish tenant rights, this can be a lengthy and tough procedure. The following are some actions to take while evicting a squatter:

        Bring a possession or wrongful detainer action

        Squatters who claim to be renters but refuse to leave your Airbnb should be able to use this procedure. If the landlord wishes to take possession, he or she must show that there is no lease or that the contract has expired. This will show that the tenant does not have a legal right to be there.

        Start the eviction procedure

        Essentially, you notify the Airbnb squatter that they do not have the authority to occupy the property and request that they leave. It’s critical to get started right away so you don’t run into any complications with the adverse possession legislation.

        Keep all your paperwork with the squatter

        This will begin to accumulate evidence that you attempted to resolve the matter in a legal and compliant manner. The squatter could use this against you in court if they are hostile or threaten you in any way.

        California laws on Airbnb squatters

        A squatter is a person who lives in an abandoned, vacant or foreclosed building or piece of property. This is done without legal authorization.

        Isn’t that considered trespassing?

        Squatting isn’t always considered trespassing. While trespassing is a crime, squatting is usually considered a civil matter. But, squatting is illegal when a landlord or property owner determines the intruder is unwelcome.

        Keep in mind the following: California

        Squatters or trespassers may make false claims to ownership of the land. They can do this by providing the owner or law enforcement with forged or fake documents or proof. This is against the law. California, however, permits squatters to remain if they offer adequate documentation. Although squatters have rights in general, if they do not meet the criteria for adverse possession, they may face criminal trespass charges.

        In California, it’s Important to Understand Adverse Possession.
         
        After dwelling on a property for a particular period of time, a squatter might claim ownership. A squatter can establish an adverse possession claim in California after 5 years of continuous use or maintenance.
        When a squatter claims adverse possession, they have the legal right to take control of the property. The squatter now has legal permission to stay on the land and is no longer considered a criminal trespasser.

        Adverse possession claims in the United States must meet five basic requirements. The occupation must be:

        • Hostile – without permission and in violation of the genuine owner’s rights.
        • Actual – exercising authority over real estate.
        • Open & Notorious – occupying the property as if it were the owner’s and not hiding his or her presence.
        • Exclusive – owned by the person who is the exclusive occupant of the real estate.
        • Continuous – remaining and paying property taxes for five years.

        NewYork City laws on Airbnb squatters

        Similar to what you’d find in California After a specified time, a squatter in New York can claim ownership of the property. A squatter can establish an adverse possession claim in New York after ten years of continuous habitat. A squatter can gain the legal title of property by claiming adverse occupancy. They are no longer criminal trespassers and have legal clearance to remain on the property at this stage.

        Keep in mind the following: NYC

        A squatter who has lived on a property for 30 days in New York is immediately elevated to a legal tenant. Landowners must act fast to remove squatters before the 30-day period expires.

        Squatters or trespassers may falsely claim ownership of the land. They can do this by providing law police or property owners with forged documents or deeds. This is always against the law.

        If Squatters do not meet the criteria for adverse possession, they may face criminal trespass charges. Many homeless persons may attempt to use squatter’s rights to obtain property ownership without paying rent or a mortgage.

        Final Thoughts

        Even though short-term rentals can generate decent revenue for Airbnb hosts, they may be vulnerable to Airbnb squatters. Squatter stories are uncommon. To ensure that your Airbnb guests do not overstay their welcome, you should take a few practical precautions. As long as you follow the principles outlined above, you will be able to prevent, recognize, and protect yourself from Airbnb squatters.

        READ MORE: Journey from Airbnb Hosts to Airbnb Millionaires

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        All About Airbnb Hosting Tips

        Best Airbnb Host Description Examples 2022


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          Airbnb Host Profile Description

          A rich Airbnb profile is a certain way to make a good first impression on your visitors. Learn why a good Airbnb profile is important for your business’s success and how to create one. Take a look at some of the greatest Airbnb Host Profile Description Examples to help you improve your profile and get more reservations.

          You only have one chance to create a good first impression, as the saying goes. The Airbnb listing description provides guests with an impression, but the Airbnb host description is more likely to encourage them to book. Airbnb bios are short (between 50 and 100 words) and allow visitors to get to know their hosts before booking.

          Your Airbnb host’s description should be friendly but professional at the same time. Think of it as a cross between a dating profile and a resume: Enough personal information to show guests you’re a genuine person. But professional enough to prove you care about your property and will treat your visitors with respect. It should convey that you are serious about your work.

          Added Safety in the COVID Era

          Those who are traveling have a lot of coronavirus concerns right now. They’re simply going for the sake of necessity, and they want to know that their hosts are clean and safe. People are less likely to trust that a rigid routine is being followed when the host is “simply a person.”

          Right now, Airbnb hosts must take every precaution to secure their businesses.

          What should you write about yourself on Airbnb?

          The most important thing is to gain people’s trust in your profile.
          Writing an excellent Airbnb host description can be difficult if you don’t enjoy talking about yourself. Consider it as though you’re meeting someone for the first time when you begin writing. What kinds of questions would you ask to learn more about someone? What would you say to that person if you wanted to connect with them?
          Your purpose is to help people get to know you and form a connection with you so they will want to book your property.

          Airbnb data

          Here are some useful questions to ask while writing an Airbnb host description:

          What part of the country did you grow up in?

          It is very easy to answer about where you grew up, and it is a perfect way to introduce yourself in your description.

          What school did you attend?

          People enjoy discussing their alma maters. Speaking about your college history can appeal to guests who have fond memories of their college years.

          What city do you currently live in?

          By answering this question, you show your guests that you are familiar with the region and can give helpful guidance as well as a list of your favorite sites. Local hosts who can give insider information on where to go and what to see are popular with guests.

          What do you make a living doing?

          Your current occupation can be a touchpoint to connect with guests and is an easy way to start your profile and introduce yourself to your guests.

          What are some of your interests?

          Hobbies are another opportunity for visitors to engage with you on a personal level. Even if they don’t now share those interests, one of your friends might.

          Where do you like to visit?

          When you share your passion for travel, guests realize that you are well informed about what they want and know how to get it.

          What are your favorite aspects of being an Airbnb host?

          If you’re enthusiastic about your Airbnb property, your guests are likely to be as well. Tell your visitors why you decided to become an Airbnb host, what your favorite aspect of the job is, and what you enjoy about your holiday property.

          How would you describe your hosting style?

          Guests are looking for a variety of hosting approaches. Some guests like hosts who are close by, hands-on, and can provide a wealth of information, advice, and recommendations. Others prefer a more detached approach, only needing a host who is available in an emergency. Your guests will know what to expect if you include your hosting style in your profile. Even if they aren’t seeking that particular hosting style, your honesty may entice them to book with you.

          Excessive Information

          There is such a thing as too much information when it comes to your Airbnb profile description. You want to appear approachable but not so. Don’t give out personal information like your home address, email address, or phone number. To reach you, guests should use the Airbnb contact options.

          You may or may not choose to share your last name or the names of your children, depending on your level of comfort. Don’t give any information that isn’t proper or appropriate for the situation. Guests do not need to know about your dating life, your strange aunt or what you had for breakfast the day before. While this advice may seem self-evident, a glance at social media will reveal that people tend to ignore it.

          References| guesthook.com

          Airbnb Host Profile Description Examples

          Example 1 These wonderful hosts not only enjoy travelling, but they also understand that a person’s lodgings can make or break a trip. They connect with visitors looking at their listing by discussing their own guest experience.

          airbnb host description examples

          Example 2  In her Airbnb host profile, this host lays it all out for guests. “It’s like staying with friends or family when you stay with us.” There are no teddy bears or potpourri in this ‘business’ — it’s not a hotel, glamp-ground, or bed and breakfast.”
           
          airbnb host description examples
           
          Example 3  This host tells guests what she and her husband do for a livelihood and tells them a little about her family, which helps them feel more at ease.
          airbnb host description examples
           
          Example 4  Local hosts who can give insider information on where to go and what to see are popular with guests. Andy and Forest make guests aware that they live in the same neighborhood as their rental and suggest places to eat and things to do.
           
          airbnb host description examples
           
          Example 5  In this profile, the presenter reveals that he was born and raised in Texas and that he still resides in the state. Guests will immediately recognise that this host is proud of where he lives and, as a result, proud of his rentals.
           
          airbnb host description examples
           
           
          Categories
          All About Airbnb Hosting Tips

          Airbnb Description Examples and Guide 2022


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            While creating a listing, it’s important to write a fantastic Airbnb description. More importantly, a strong listing description does not need you to be a writer. All it takes is for it to be on target. Understandably, writing a description for your Airbnb listing requires effort, but you should never overlook it.

            So spend just as much care in describing your lovely Airbnb as you did in hiring a great photographer. Despite listing photographs attracting attention, your Airbnb listing description is what gets your property booked.

            What is the significance of Airbnb listing descriptions?

            An excellent listing description is one of your best tools for securing bookings and setting guests’ expectations. It doesn’t have to be perfect, but it should tell guests what they may expect when they arrive at your resort. Furthermore, it is critical to note that potential guests will not be able to chat with you about your home. As a result, it is necessary to convey a good impression through writing. Take note of how potential guests judge your listings based on your listing photo, description, and profile. Due to the rise of holiday rental sites like Airbnb, Airbnb listings are now more important than ever before.

            Tips to write Airbnb description

            Before you get started, keep these points in mind when you’re writing about your property on the page.

            • Identify and communicate with your target audience. Are you a business traveller? Families?
            • Make your title stand out from the rest of the page.
            • Keep it short but not generic.
            • Make sure your words are in sync with your images.
            • Organize your description such that it is simple to understand.
            • Avoid using useless adjectives like “wonderful,” “good,” or “beautiful.”
            • Be inventive to get people’s attention.
            • Don’t oversell.

             

            Airbnb Listing description 

            When people click on your listing, the first thing they see is your description. As a result, it must emphasize all the reasons why they should rent from you in the first place. We’ll teach you exactly how to do this!

            First and foremost…

            What should you add to your Airbnb description?

            Let’s be clear about something… Airbnb limits the length of your description. As a result, you must keep your writing concise while still delving into as much information as workable.

            Before they ever ask, make sure your listing addresses their inquiries

            You want to make sure that your listing anticipates all their questions so that you don’t complicate their journey by having an unclear page.

            Sell them an experience rather than an apartment.

            We tell using a combination of verbs and positive adjectives. Do not state, “The home features one master bedroom with an ensuite bathroom and bed.” Instead, add something like, “Enjoy our opulent, spacious master bedroom with a king-size bed and your ensuite bathroom.”

            Understand your intended audience.

            You know your vacation rental’s target audience better than anyone else. Use that information to fine-tune your description.

            If your description is long, break it up into sections.

            Many folks will most likely only skim your description. As a result, we recommend breaking up your explanation into pieces.

            Highlight your unique selling points.

            “What makes my place stand out?” ask yourself. Is it the setting? What are your distinguishing features?

            Imagine yourself as a guest in your space and describe it.

            Don’t only provide information about the space. Pretend you’re the visitor, and you’re seeing your home for the first time.  What do you think they’d like to see? How will your visitors notice your site in the first place? What will pique their curiosity the most?

            Include a call to action.

            This is an unusual occurrence on Airbnb. Make sure that your Airbnb listing ends with a call to action so that your guests know how to contact you.

            References | guestready.com | hostway.com

            Airbnb data

            Top Airbnb listing description examples

            Example 1 Large & Lively Noho Studio in the heart of it all

            airbnb description examplesKey points:

            • The host is precise about the property’s surroundings.
            • It appeals to guests who share similar interests.
            • The photographs are fascinating and show certain aspects of the property.
            • It generates the tone and environment that grabs the reader’s imagination.
               
            Example 2 Modern 2 Bdr Apartment in Canary Wharf London

            airbnb description example

            Key points:

            • Highlights the property’s location and surrounding attractions.
            • The host catches the reader’s attention by describing what they may expect from the property.
            • Property’s unique selling point is its balinese-style design, which presents a vibrant image.
            Example 3 3 Bedroom Apartment | Front & Wall Street

            airbnb description examples

            Key points:

            • Host is quite particular about the property’s location and amenities.
            • The photographs transport the reader to a sophisticated suite with facilities for visitors.
            • It evokes the old-school elegance of New York, captivating the reader’s imagination.

            Catchy Airbnb description examples

            Example 1 Elegant Art Deco Home with Garden in Condesa 
            airbnb description examples
            Key points:
            • It creates a mood/atmosphere that grabs the reader’s imagination.
            • Stained-glassed windows, vintage furnishings, and a sweeping staircase are all emphasized in the initial lines to highlight this property’s distinct features.
            • The host is particular about feature items.
            • Reader learns about why the location is suitable.
            Example 2  Unique and Secluded AirShip with Breathtaking Highland Views

            airbnb description examples

            Key points:

            • It’s written with an eco-conscious, nature-loving audience in mind, and the words used are great for persuading that audience to stay.
            • We are immediately struck by quirkiness, which distinguishes this Airbnb from the rest.
            • The host manages expectations skillfully in the opening few words.
            Example 3 Luxury City Center Loft on a Traffic-Free Street

            airbnb description examples

            Key points:

            • Mentioning the traffic-free street is a brilliant marketing strategy because so many visitors want to experience everything Rome has to offer but don’t want to stay on a chaotic and crowded street. It says why it’s distinct from other located apartments.
            Example 4 Romantic Stone House with Ocean Views

            airbnb description examples

            Key points:

            • It uses words to construct a clear image of the type of style and design that may be found inside the home.
            • Outside attractions (such as a pool or a garden) attracts customers.
            • The usage of the words ‘locals-only’ creates a sensation of exclusivity.
            • Everything is done to persuade the reader that this Airbnb would provide them with rest and tranquillity.
            Example 5 Forest-and-Heaven Themed Apartment close to the Heart of the CBD
            airbnb description examples
            Key points:
            • The title makes it ‘pop’ off the page when compared to comparable Melbourne CBD flats.
            • It uses creativity to grab travellers’ curiosity and entice them to book.
            • Unique features (swinging chair) are highlighted to add to the listing’s point of distinction.
            • Readers may imagine taking a bath in space, sleeping under the stars, and preparing a cup of coffee in the vacuum of space.
             
             
             
            Categories
            All About Airbnb Hosting Tips

            Journey from Airbnb Hosts to Airbnb Millionaires


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              Airbnb Millionaires

              With over 500 million Airbnb stays worldwide in the last ten years, Airbnb has radically transformed the hotel business. Most of us have used Airbnb at some point, but you may not be aware of how much money people can make on the platform without even owning a property. It seems a little strange, like how can you rent something out on Airbnb if you don’t even own anything? It’s called rental arbitrage, and it’s something that individuals have been doing since Airbnb’s start. 

              What is Rental Arbitrage?

              Rental Arbitrage is a method similar to house hacking. But unlike house hacking in Rental Arbitrage, you don’t own the house. Instead, you convince a landlord to lease you a property which you then furnish and sublease on Airbnb.

              journey from airbnb hosts to airbnb millionaires

              Apart from rental arbitrage, there are two other ways that people all around the world are making millions of dollars with Airbnb and becoming Airbnb Millionaires.

              Host your own Airbnb listing

              Whether it’s a real estate investment property or a holiday rental, it can range from a pull-out couch to a blow-up mattress or even a whole house.

              Co-hosting

              Sometimes known as the management fee model. This is a great method to get started with hosting for anyone who is just getting started. You can also rent a property, outfit it, and set it up if you have a property, or if you have some money to invest. If you don’t have any money to invest or don’t want to invest money and want to get started with Airbnb with minimal risk and maximum possibility.

              Airbnb data

              But we’re going to talk about the world of Airbnb rental arbitrage, how individuals do it, and what it implies for the future of cities. As a result, you’re undoubtedly wondering how it all works. Apart from rental arbitrage, you lease an apartment for a long time and then rent it out for a short time for twice or triple the price you’re paying.

              Airbnb host’s journey to an Airbnb Millionaire

              After losing his job, Ta launched his Airbnb rental arbitrage business out of desperation. Ta had only a few months ago started his own mortgage company, Senior Advantage Association. But, the Department of Housing and Urban Development (HUD) announced a new rule in 2017 that changed the terms of reverse mortgages. As a result, the multibillion-dollar industry came to an end. He placed his property on Airbnb since he was broke and worried about not being able to pay his rent next month. The monthly rent for the flat was $3900; if he could have rented it for $5000, his Airbnb revenues would have covered the rent. Even after making small payments, he still had a balance of $1,100. 

              He quickly recognised that the strategy could earn him a lot of money, and the seed for an Airbnb arbitrage business was sown. Ta was making six figures a month from 30 listings after just nine months. Despite this, he did not own any property, unlike many other Airbnb hosts. While Ta’s company is now a big success, he admits that his path was not always easy. Re-renting on Airbnb requires a plan that includes your credit, finding a landlord and optimizing its visibility on Airbnb. He proposed the idea of Airbnb to hundreds of landlords at first and was repeatedly turned down. He recognised that much of the information he could access online after refining his technique.

              journey from airbnb hosts to airbnb millionaires

              Recipe for Success

              Ta’s method begins with a search for a property that can make at least $2k per month after all expenditures in locations where people operate Airbnb. Figuring out how much money to invest safely while curating your search is a key roadblock for most re-renting seekers. “When I first started, a single house would cost me anywhere from $20,000 to $25,000 to repair, including the first month’s rent, security deposit, and really gorgeous furnishings.” Don’t do what everyone else is doing on Craigslist and make your listing look like a garage sale. Choose elegant furniture and pay close attention to detail, and you’ll have a real winner.” Ta remarked.

              Why is it a good idea to rent out your home on Airbnb?

              Renting out your home on Airbnb is a great concept because it allows you to profit from an existing asset, your home. If you put things up correctly, it can even be a fairly passive source of money that requires little to no effort on your part. This is one of the reasons why Airbnb STR is so profitable.

              You can earn up to $1,000 every month on average. This number can vary  depending on your location, property, and hosting abilities. If you can present your visitors with a one-of-a-kind experience. Then you might be able to make a six-figure income from your side hustle and become an Airbnb millionaire.

              Conclusion

              There are numerous benefits to becoming a host, but it’s important to remember that it takes time and money to do it correctly. The hosts who have an entrepreneurial mindset and treat their rental like a business often make the most money and become millionaires.

              READ MORE- How much can you make on Airbnb | Airbnb Rental Arbitrage

              Useful tool recommendation – Airbnb Calculator

              Categories
              All About Airbnb How to Start an Airbnb

              Airbnb Community: What everyone must know


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                Airbnb Community

                Founded during the Economic Crisis, Airbnb helps people earn an extra income from their biggest investment, their homes. Since Airbnb wants to grow communities, it focuses on cities where it has a significant presence. This is because people have the right to rent their homes, whether they live in them or not.

                As they collaborate with towns all over the world, they will:

                Treat each city as an individual and work to ensure that each community pays its fair share of hotel and tourist taxes- 

                Cities have different home-sharing policies than historic vacation towns or unconventional destinations. Airbnb will work with cities to address their specific policy requirements.

                Build an Open and Transparent  Airbnb Community-

                Using anonymous information about their hosts and guests, Airbnb will assist local officials in making decisions about home-sharing policies. They will help communities identify what kinds of data they will need to develop fair and progressive laws.

                To make cities stronger, — helping home-sharing-

                Cities grow when people are actively involved in choosing their fate. Airbnb will empower its hosts and guests with city-specific home-sharing rules, encouraging them to take part in practices that benefit local communities.

                References- feverbee.com | airbnbcitizen.com

                Background and Concept

                Founded over five years ago, the Airbnb community has undergone some changes and modifications.

                Lithium is the platform on which the community runs and uses a majority of Lithium’s modules.

                This means that hosts can ask questions, exchange tips and tactics, interact with other hosts, offer ideas, form, host meetup groups, and engage in home-sharing clubs through the community.

                To cater to different languages, the community employs translation (rather than distinct sites).

                Handling high levels of activity, being very responsive to member questions, and ensuring members are engaging in behaviours that provide genuine value to the business are the primary difficulties for a mature, highly active community like Airbnb.

                There may also be doubts regarding an online community’s worth. The larger the community, the larger the necessary team. As the team expands in size, the desire to cut the budget grows as well.

                airbnb community

                The development of Airbnb Community

                Below are the websites that are part of the community (sorted according to prominence):

                1) Advice on how to become a better host. The community’s main purpose is to make it easier for members to share ideas.

                2) Make contact with hosts in your area. A second purpose is to create sub-groups allowing hosts to engage with one another on a local level.

                3) Assistance to customers. Many of the activities in the community concentrate on hosts asking questions and receiving help from one another.

                4) Home Sharing Organizations. This is where hosts may share their experiences and assist local causes.

                5) Voice of the host. Members can propose suggestions to Airbnb that they would want to see implemented.

                6) Get-togethers. Members can organize local gatherings and sign up to attend them. 

                Airbnb data
                Is the Airbnb community helpful to communities?

                The Airbnb community is at the forefront of the new Sharing Economy, a movement that will drive much of the world’s future economic growth. Millions of micro-entrepreneurs can now use their unused assets to help make ends meet. As a host, you can earn extra money, or as a guest, you can find unusual accommodation opportunities. This movement is spreading economic opportunities across diverse communities.

                Over 35 million visitors have enjoyed a safe and enjoyable stay on Airbnb since 2008. Airbnb is proud to be a global pioneer in developing tools and resources that encourage openness and trust. 

                Simply said, Airbnb allows everyone to feel at home in any location. Airbnb connects people all over the world with communication, money, and trusted technologies. Strangers can see a city through the eyes of a local, and hosts can become advocates for the cities they care about. 

                The Sharing Economy’s Economics

                Home-sharing has many advantages, including beneficial social and environmental consequences. It is often a life-changing experience for hosts, and it revitalizes neighborhoods and small businesses in cities as a result. There are three main advantages of home-sharing:

                1. Beneficial effects on tourists and the tourism industry
                1. Community and enterprise benefits, and
                1. Beneficial effects on residents and their households
                Onboarding And Registration

                Is it simple and inspiring to join and register for this online community?

                • To get access to the Airbnb community, you’ll need an Airbnb account. There is no separate community registration process. You go through the same steps as if you were registering for the site. There are no distinct user journeys here. This implies there is no opportunity to interact or educate members throughout the onboarding process. Acceptance of the anti-discrimination policy is a nice touch.
                • There is no welcome email that directs people into their continued contributions to the community because there isn’t a dedicated community participation track. This appears to be a missed opportunity to turn people into active participants, as well as a lack of interaction with other parts of the company. This email even directs users away from the group they were trying to join. A carefully organized collection of tips and how-to tutorials is an excellent addition. However, it is hidden deep within the community and would benefit from being part of an automated onboarding process. However, the list is robust and might be quite beneficial. It is also updated regularly.

                 

                 

                Categories
                All About Airbnb Hosting Tips

                Airbnb SEO tips for 2022


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                  Currently, there are over 7 million Airbnb listings all over the world! Are you trying to figure out how to stand out in a sea of 7 million listings? Or are you confused by Airbnb’s search engine optimization and rankings? Take a seat because this article will provide you with 10 basic tips to help you improve your Airbnb search ranking. Get ready to use some creative tactics and aim for the highest rankings, but let’s first learn what Airbnb SEO is.

                  What is Airbnb SEO and how does it work?

                  Airbnb SEO is a method of boosting a listing’s visibility in Airbnb search results. By meeting the ranking criteria of Airbnb’s search algorithm, you can gain more visibility on the platform. Your visibility in Airbnb’s search results is proportional to the number of bookings you receive. You’ll earn more bookings if you rank higher.

                  Airbnb’s search algorithm (and the ranking criteria it uses) can help affect/improve the position of a listing within its search pages.

                  airbnb seo tips for 2022

                  To use Airbnb SEO, you must first grasp its algorithm. Airbnb has always made sure that its guests have the best service possible. The first step toward attracting your visitor is to deliver an appealing search result. Airbnb SEO is a method that ensures clients get the best possible search results. Airbnb SEO is a procedure for categorizing listings based on important characteristics. And having a thorough understanding of the aspects that influence your ranking is vital for success. 

                  Airbnb SEO is the process of researching and implementing the following elements:

                  • Your heading and content
                  • The feedback you’ve received from your visitors
                  • Facilities addressed to
                  • Rate of cancellations and rejections
                  • The speed with which you respond
                  • The image’s filename (in hexadecimal)
                  • Demand and availability in the search
                  • The total number of people who have saved your postings
                  • The total amount of bookings you’ve done
                  • The number of people that have inquired about your listings
                  • Rates for reservations
                  • Daily updates, as well as
                  • Off-page activities and click-through rates are among the key things to consider.

                  Remember that if you want to improve your ranking, you must work harder. Understanding these issues is just the first step in a long journey. However, the question is how to put that key to work to open the door to success. If you want to be a successful Airbnb entrepreneur, the first step is to get your listing on the first page of search results. This achievement will assist you in attracting more travelers and so increase your bookings.

                  What is the purpose of Airbnb SEO?

                  Most of us don’t usually look past the first two pages of Google results since our natural tendency is to be nervous and trustless information beyond the first few pages. This is also true for Airbnb’s listings. Once you show up on the first two pages for as many search parameters as possible, you can fill your calendar at ANY TIME OF YEAR with Airbnb bookings.

                  Airbnb data

                  What factors does Airbnb consider when ranking its listings?

                  Airbnb is always keeping an eye on your listing and the actions you take.

                  An update to your internal SEO score occurs when you edit your listing, or when a user clicks on it. Before we get into the details, there’s one more thing to keep in mind: Airbnb is a service that focuses on the needs of its customers.

                  They want more and more guest convenience, no matter how difficult it is for you to provide it.

                  Airbnb recognizes that if customers come to the website to book a trip, hosts like you and I will be there to offer our vacation rentals.

                  External and Internal Factors

                  Airbnb tracks

                  -user behavior (external factor), or how people react to your listing

                  -listing strength (internal factor), or how appealing your listing is to guests.

                  Based on the user behavior captured, there are several key performance indicators (KPIs), which include:

                  – In a search result, the click-through rate is the percent of users that click on your listing.

                  – The conversion rate is the percentage of users who book your listing vs those who look at it and then book another adjacent property.

                  – The exit event logs how users interacted with your listing, such as reading descriptions, reviews, and more.

                  – The average amount of time consumers spend on your listing before booking or clicking away.

                  – Popularity refers to the number of visitors who arrive at your listing from outside Airbnb via the listing URL given in:

                  • Phone message
                  • WhatsApp message
                  • Email
                  • Social media (Facebook, Twitter, Reddit, etc.)
                  • Links to your listing on other websites (known as backlinks in SEO terms)

                  Airbnb collects all this user data to assess the quality of your listing.

                  airbnb seo tips for 2022

                  Reference| Hospitable.com

                  Airbnb SEO Tips

                  Be timely in your responses to your visitors.

                  Your response rate and response time are the first things Airbnb considers. As a host, your job is to keep a high response rate and respond as workable. Airbnb and potential guests will see you as an attentive host if you respond. Such hosts receive a higher ranking on Airbnb.

                  Maintain a current calendar

                  Updated calendars have a better probability of improving Airbnb SEO. The Airbnb algorithm considers you an active host if you update your calendar.

                  Increase the number of 5-star reviews

                  Good reviews are important in creating your brand and improving your Airbnb SEO. The number of guests you’ve hosted and the reviews they’ve left determine your search ranking on Airbnb.

                  Make use of Instant Book

                  Instant Book enables travelers to book properties right away. Guests love the ability to book quickly and without any hassles. Furthermore, the Airbnb algorithm favors listings with a higher chance of getting booked. As a result, listings with Instant Book are enabled to appear at the top of the search results.

                  It’s best to prevent rejections and cancellations.

                  You should prevent cancellations if you want to meet the standards of the Airbnb SEO algorithm. You may lessen the likelihood of a canceled booking by keeping your calendar and listing up to date.

                  Use social media to promote your account.

                  Once you’ve created your Airbnb listing, make sure to promote it on social media as well.

                  Having a social media presence is important for your Airbnb SEO plan. Airbnb will reward you for your effort by immediately improving your ranking. External links are useful to your search engine ranking. So, apart from Airbnb, use other platforms to promote your company.

                  Make a handbook.

                  Creating a guidebook for your rentals is another way to improve your Airbnb SEO. A guidebook is an excellent resource for visitors because it contains many useful tips. Hosts can share their favorite local hangouts, eateries, and activities.

                  Make use of professional photographs.

                  They say a picture is worth a thousand words. This is also true for Airbnb postings. If you add professional photos to your Airbnb listing, your SEO will improve. Airbnb will also watermark your photographs, which will enhance your listing’s ranking.

                  airbnb seo tips for 2022

                  Competitive Pricing

                  Getting your first booking can be difficult when you’re starting. How will you compete if you don’t have any reviews or ratings? The only way to get your first guest is to reduce the price of your ad. You can attract travelers who are willing to discover a new resort at a lower cost by pricing less than your competitors.

                  Conclusion

                  Although it may take some time to optimize your listing for Airbnb SEO, it is well worth the effort. It doesn’t matter how amazing your lodging is if your listing isn’t up to date. The list of Airbnb SEO principles is long, but if you start with the fundamentals, you may give your listing a significant boost right away.

                  READ MORE: Airbnb Furniture Checklist

                  Categories
                  Alternatives & Reviews

                  Beyond Pricing Alternatives

                  Table of Contents

                  How to find Short-Term Rental  Tools for Perfect Pricing?

                  Figuring out how to price your property is one of the most crucial parts of Short Term Rental Business. Pricing your property too high will reduce your number of bookings drastically. Most of your competition will undercut your pricing and swoop away all the guests. Price low then, Right? Price it too low and you’ll be leaving money on the table and end up not making enough profits to cover maintenance and end up being non-profitable in the long run.

                  So what to do? Use Dynamic pricing tools! Since the launch of these dynamic pricing tools, both by Airbnb (wich works just fine) and other companies(a few good ones here). Property managers got let off from manually scraping data and analyzing trends for hours to figure out the right pricing for their property. Dynamic pricing tools are a great addition to any property manager’s arsenal. They can help you boost your overall booking by suggesting the most optimized pricing. You can grow your revenue, increase your occupancy rate and save hours of manual work.

                  A good Short Term Rental Pricing tool should not just be able to provide accurate data, but also integrate with other vacation rental software like Channel Managers, Property Management Systems, and Property Listing Sites for a better workflow and ease of use. Beyond Pricing in this list has been in business for many years now and has very refined tools with great track records. Additionally, we will discuss its top alternatives.

                  What is Beyond Pricing?

                  Beyond provides both a market research dashboard and a website builder (Known as Signal) on top of dynamic pricing. Short-term rental managers and owners can generate, develop, and maintain revenues with the help of Beyond. They assess the right price for your short-term rentals using their proprietary AI technology and change your pricing automatically. Like Uber’s surge pricing, the Beyond Pricing engine changes your pricing when your market demand changes quickly.

                  Due to the fact that most Airbnb hosts don’t know much about the market, this tool can allow you to set better prices. The best part is that it only takes a few minutes to set up, so it offers a good return on investment of your time.

                  Its features include:

                   
                  • Dynamic Pricing – Adjusts your rates automatically to maximize income and occupancy.
                  • Relay – You can sync your listings across many online travel agents with Relay.
                  • Signal – Create and administer your own website for direct bookings.
                  • Insights – Accurate, real-time data on the performance of your portfolio.
                  • Guidance – you get one-on-one listing reviews and hands-on pricing optimization with their team of professionals.

                  References: 5 Short Term Rental Tools for Perfect Pricing | Best AirDNA alternatives for 2022 | Beyond Pricing In-depth review: Still useful in 2022?

                  Top Beyond Pricing Alternatives

                  To get the best answer, you should check similar options or competitors before using Beyond Pricing. Consider reliability and ease of use when choosing Beyond Pricing alternatives. DPGO, Wheelhouse, and PriceLabs are among the top Beyond Pricing competitors.

                  PriceLabs

                  PriceLabs is robust web-based revenue management and dynamic pricing software for vacation and short-term rentals that connects with a variety of Property Management Systems. Vacation rentals can increase revenue and save time through a data-driven strategy, automated rules, and changes to pricing and stay limits. Automatic revenue management is just a few mouse clicks away with multiple channels and property management systems.

                  Wheelhouse

                   The wheelhouse is a set of software and data tools meant to assist ambitious operators in getting more out of their portfolios. Wheelhouse dashboards provide a quick and simple way to see how your business and market are doing.

                  DPGO

                  DPGO is a price dynamic tool for Airbnb hosts, holiday rental owners, and short-term rental management. Their AI-powered software analyses billions of data points, over 200 local market data criteria, and boosts occupancy rates by up to 90%.

                  Airbtics

                  Airbtics has developed its own dynamic pricing tool in 2019. They have taken its Yearly Price Calendar, which allows users to filter daily prices of similar rentals, a step ahead. This short-term rental pricing tool recommends the price of properties based on machine learning algorithms that are fed real-time booking data. This allows it to be accurate and even consider events and short-time spikes in supply and demand to give accurate results. It also helps you with custom integrations with any PMS or software you are using.

                  Review of Top Beyond Pricing Alternatives

                  Pricing Labs

                  It’s simple to use. You set your base price, minimum and maximum prices, and a few other customization choices, and it will dynamically adjust your pricing. The ability to define minimum and maximum pricing come in handy. An excellent pricing algorithm gives you a number of options for automating the price management process. PriceLabs is far and by the greatest pricing tool, thanks to their recent version and UI enhancements. This is the tool of choice for any co-host manager, because of its low monthly pricing and extensive customization options.

                  Wheelhouse

                  Wheelhouse’s custom price setting tool allows you a lot of flexibility when it comes to customizing pricing based on a template. The ability to charge a higher weekend rate is a useful feature because many vacation homes are only occupied on weekends and not during the week. It’s an excellent piece of big data software that will result in higher revenues and reduced bother right away. The pricing algorithm performs admirably and is really accurate.

                  DGPO
                  beyond pricing alternatives

                  Dynamic Pricing by DGPO analyzes and monitors market movements 24 hours a day, 7 days a week, resulting in higher profitability and better pricing strategies. As a DPGO user, you’d be able to add your strategy preferences to their AI recommendations. Each listing has over 30 parameters, making it easier than ever to create our customized strategy. Its Markets function is extremely user-friendly, and its coverage area is always expanding.

                  Airbtics
                  beyond pricing alternatives

                  Airbtics team has tested their software with many vacation rental managers and has seen accurate results. The best part about this software and the reason we have put this in the list is that it charges a fixed fee. Unlike many other pricing tools that take a commission anywhere from 1% to 2%, Airbtics charges a flat fee depending upon the number of listings and size of the area. They also offer Free 15 Day Trial for property managers with more than 5 properties. Great customer service and a professional team are provided by Airbtics. The occupancy rate and daily pricing data are dynamically updated every day.

                  Airbnb data

                  Which is the best Beyond Pricing alternative?

                  To summarise, the top Beyond Pricing alternatives are Wheelhouse, DGPO, PricingLabs and Airbtics.

                  In comparison to all alternatives (services offered, ease of use, data sources, and cost to the owner), Airbtics emerged as the best option. Here are some of our favorite things about Airbtics:

                  • Covers markets globally and updates data every day
                  • Has 12 months of projected pricing data at the property level
                  • Features historical individual listing performance data
                  • Has advanced filtering options  

                  A growing number of people are preferring Airbtics over Beyond Pricing. Still, it’s critical to conduct a thorough study of several factors when selecting the ideal short-term rental analytics solution. It’s not going to be easy. I hope this article helped you out a little.

                  how much can you make on airbnb
                  Categories
                  Alternatives & Reviews

                  AirDNA vs AllTheRooms (What’s Best for you?)

                  AirDNA vs AllTheRooms (What’s Best for you?): Planning to invest in a property but confused which data software to use, here is a comparison between AirDNA vs AllTheRooms to help you decide

                  AirDNA vs AllTheRooms (What’s Best for you?)

                  AirDNA vs AllTheRooms (What’s Best for you?)

                  Planning to invest in a property but confused which data software to use, here is a comparison between AirDNA vs AllTheRooms to help you decide

                  Since Airbnb started in 2008,  it has created a new business for short-term vacation rentals. Platforms like Airbnb and Vrbo are opening up the holiday industry to everyday homeowners and creating a sharing economy. This has given them the power to acquire vacation rentals as a full-time occupation. As a result of the modernization of the vacation rental industry, more people are offering their homes for this low-risk investment. 

                  Property investors like to do their due diligence before investing and there are two well-known software tools – AirDNA and AllTheRooms. 

                  But which is the best option the two? Continue reading and find out!

                  What is AllTheRooms?

                  AllTheRooms is one of the top providers of short-term rental hosts’ tools and services. Their short-term rental data and analytics packages are their major services. Vacation rental owners, investors, property managers, tourism boards, hotels, and other businesses benefit from such knowledge.

                  Their mission is simple: “to gather and catalog every room on Earth and to use those data to provide in-depth insights into the growing vacation rental market.”

                  airdna vs alltherooms

                  Overview

                  As a software primarily focused to help  Real Estate Investors, AllTheRooms has helped users with the following: 

                  • Improve rental plan and determine how much money the property can generate
                  • Examine whether a standard or short-term rental is fitter for your property and neighborhood.
                  • Keep track of individual markets and their progress over time.
                  • Look for undervalued properties and investment prospects in established locations.

                  AllTheRooms provides all of the normal historical and future analytics. Some of their innovative dashboard insights are where they set themselves apart.

                  Every month, AllTheRooms calculates a Vacation Rental Score. This score compares revenue, ADR, and occupancy from a company’s listing and the market to give a single grade to performance. It’s the ideal solution for exhausted property managers who need a third-party metric to communicate with owners or investors.

                  Let’s go through some of the features of AllTheRooms:

                  1. Market Intelligence
                  2. Competitive Intelligence
                  3. Vacation Rental Score
                  1. Market Intelligence

                  In this feature, you’ll learn everything you need to know about the short-term renting industry. You will find the ADRs (Average Daily Rates), Occupancy Rates, and Revenue for each property type and location.

                  • Market Insight: When you initially open or view a specific market, you’ll get to see the dashboard as seen above. 
                    If you click the “Learn More” button below, you’ll get a more detailed trend over the last two years. This can be quite useful in determining the market’s direction. You can observe if the overall number of listings is increasing or decreasing.
                  • Market Revenue: Knowing the whole available supply, trends, and the overall market size is quite beneficial. Property investors who want to start a business will need this to determine the size of the total addressable market.
                    In other words, you want to make sure that the market is big enough for you to expand. This is especially important if you’re thinking about targeting smaller cities and want to know what the overall short-term rental demand is like.
                  • Occupancy Rate: The occupancy rate is an important key metric that needs to be looked at. The first thing it shows you are the total occupancy rate for that market for that month. When you click the “Learn More” button, you’ll see a more detailed view from the past  1-2 years.
                  • Comparison Tools: One of the best things about AllTheRooms is how simple it is to compare different factors. Imagine comparing the Occupancy Rate with the available supply to see if it drops as the whole supply grows.
                  2. Competitive Intelligence

                  This feature helps you track your property’s performance and compare it to the competitors in your area. It can also discover opportunities for improvement and competitive gaps.

                  3. Vacation Rental Score

                  This feature provides a personalized property score by analyzing bookings, earnings, and reviews for every vacation rental in your city.

                  Once you’ve received your property score from AllTheRooms, here’s what you can  do to maximize your score:

                  • Examine your competitors’ rates, scores, and the amenities they provide. This can help you strategize and change yours if necessary.
                  • Consider your listing’s booking lead time. If it is lower than the industry average, you may need to fill in your calendar earlier.
                  • Check to see if any fresh supply has arrived and stay on top of new competitors!

                  What is AirDNA?

                  A leading source of vacation rental data, AirDNA offers a wide range of tools to help its users find profitable investment properties. It offers competitive insights, custom reporting, ROI calculator (AirDNA Rentalizer) and interactive dashboards covering more than 10 million rentals across 120,000 markets worldwide. 

                  Vacation rental investors can leverage historical and future-looking data to maximize revenue potential with this tool. However, there are several users who look for Airdna alternatives as they find the tool inaccurate. 

                  If you compare AirDNA vs Alltherooms, you’ll find that AllTheRooms offers a more reliable service. Although they are both useful tools, AirDNA is ideal if you are a moderate subscriber.

                  airdna vs alltherooms

                  AirDNA MarketMinder: Product overview and key features

                  Investors can use the MarketMinder feature to understand how their vacation rentals compare to others and set their prices based on real-time demand predictions.

                  MarketMinder can help investors with the following:

                  • Locate investment opportunities 
                  • Compare future demand with nearby comps
                  • Price smartly and accurately
                  • Grow portfolio with profitable listings 
                  Market Comparison

                  The Market Comparison tool in MarketMinder allows Airbnb investors to compare cities, neighborhoods, and zip codes with the number of bedrooms and guests it can accommodate. Investors and second-home buyers can analyze annual revenue, ADR, and occupancy trends over the past years to find the most profitable properties. 

                  Calculate Revenue Potential & Cap Rate

                  Rentalizer, the Airbnb Financial Calculator, allows you to enter any address in the world and immediately receive projections on revenue, occupancy, ADR, and nearby comps. By customizing your bedroom count, purchase price, and major expenses, you can also receive operating income figures and cap rates to guide your investment decision. 

                  These are MarketMinder’s most important features:

                  • Short-Term Rental Research feature with interactive maps
                  • Data-Driven Dynamic Pricing 
                  • Customized Comp Sets
                  • Forward-Looking Airbnb Data
                  • Market Comparison
                  • Calculate Revenue Potential & Cap Rate 
                  1. Short-Term Rental Research 

                  This feature is handy for gaining competitive insights on Airbnb and VRBO rental properties. You can use interactive maps to examine how some neighborhoods and vacation rental properties perform. The feature includes over 25 crucial performance metrics: average daily rate, occupancy, rental revenue, booking lead times, active listing, etc.  

                  2. Data-Driven Dynamic Pricing 

                  With this feature, one might compare market rates to recommended rates based on property performance to have the most personalized dynamic pricing recommendations. Among the questions that could be answered are:

                  • At what particular hours guests are willing to pay a premium?
                  • How probable is it to be booked last minute?
                  • What types of events are increasing rates in your area?
                  3. Customized Comp Sets

                  MarketMinder also allows you to upload your property and connect your listings. One can leverage the dataset to curate an accurate list of nearby akin listings. You can sort and filter the competitive set according to ARD, occupancy rate, amenities, revenue, distance, experience, and quality.

                  4. Forward-Looking Airbnb Data

                  By using VRBO and Airbnb data, you are able to see what exact dates over the next six months are getting booked now. By doing so, one can adapt their strategy and gain a competitive advantage. This feature also makes it possible to understand how the market advertises prices and how much they are booked for.

                  Let’s take a quick look at different short-term rental analytics providers available in the market:

                  Comparison Chart

                  alternatives
                  alternatives

                  Summary 

                  If you want to buy a house just to rent it out on Airbnb, you’ll need accurate and reliable data to study and make the best choices. You can estimate the return on your investment and how much to invest in a property if you know the occupancy rates and revenue of an area. 

                  If utilized correctly, having the right tool will save you not only time but also money. Let’s have a look at our first candidate from AllTheRooms vs AirDNA.

                  If you’re just getting started or are a moderate user, AirDNA is a fantastic tool. When considering investing in a rental property, AirDNA data might be extremely beneficial. When managing a property, AirDNA’s post-purchase features fail to provide correct data. When making decisions on a daily or short-term basis, the facts may not be totally correct.

                   In comparison to AirDNA, AllTheRooms offers a reliable and easy-to-use service that shows the performance of short-term rentals in a given market to present it to you in an understandable manner. You can check to see if the market is performing well overall. 

                  The good news is that there is a handful of Airdna free alternatives like Airbtics. Airbtics is the perfect software where you can find all the Airbnb tools you need to locate the most profitable property for your investment. Using accurate historical data from Airbnb, Airbtics draws out a clear path for you to discover the right property. 

                  Months of market research are just a few clicks away using Airbtics Airbnb data tool. Get the actionable analytics and accurate data you need today!

                  Unlock Worldwide
                  Short-Term Rental Data
                  Find unsaturated neighborhoods with the highest occupancy history.

                  Unlock Worldwide
                  Short-Term Rental Data
                  Find unsaturated neighborhoods with the highest occupancy history.

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