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11 Toughest Cities to Book an Airbnb

blog.beyondpricing.com

11–19 of 19 posts

Re: 11 Toughest Cities to Book an Airbnb

#11
post #4

Earlier quoted context omitted.

Curious what demand based adjustment you would suggest. It seems hard to do since people set their own rates

Financial incentives to new hosts when supply is constrained in a geographic region would be one idea (similar to surge pricing with Uber).

Airbnb only charge hosts 3%, so there isn't much they can do in that department.

Re: 11 Toughest Cities to Book an Airbnb

#12

I just came back from Berlin, and was able to book an AirBnb during the high season of August in just a few days in advance. The price seemed reasonable for around $40 per night. I’m wondering if booking is as difficult as the author describes.

Well occupancy seems to top out at 90% in the graph, so no doubt there's still plenty of availability out there.

Re: 11 Toughest Cities to Book an Airbnb

#13

I just came back from Berlin, and was able to book an AirBnb during the high season of August in just a few days in advance. The price seemed reasonable for around $40 per night. I’m wondering if booking is as difficult as the author describes.

My wife and I had immense difficulty finding an Airbnb rental in Prenzlauer Berg/Mitte in late May/early June, and the number of properties on offer seemed greatly diminished compared to my prior four visits. However, my prior four visits were always off-season (October, Feb-April, April again, etc.).

Moreover, hosts told us that there have been recent regulatory changes and new registration requirements which seem to have had the effect of limiting supply.

Re: 11 Toughest Cities to Book an Airbnb

#14
post #4

Earlier quoted context omitted.

Curious what demand based adjustment you would suggest. It seems hard to do since people set their own rates

Financial incentives to new hosts when supply is constrained in a geographic region would be one idea (similar to surge pricing with Uber).

Might be a liability to their brand - major surges (say, around New Year's in NYC) also bring the most new customers.

Generally speaking that's a poor time to be flooding the market with inexperienced, new hosts and the requisite spike in bad customer experiences.

Hospitality differs substantially from Uber in the sense that quality of service is extremely important in a way it isn't on Uber (or at least, UberX).

Re: 11 Toughest Cities to Book an Airbnb

#15

Earlier quoted context omitted.

Financial incentives to new hosts when supply is constrained in a geographic region would be one idea (similar to surge pricing with Uber).

Airbnb only charge hosts 3%, so there isn't much they can do in that department.

I see a lot of Airbnb employees regurgitating this but it's not really true. Whether you nominally assign the fee to the guest or the host, it still comes out in the difference between what the guest was willing to pay and what the host receives. The total fee comes out closer to 10%.

Re: 11 Toughest Cities to Book an Airbnb

#16

Earlier quoted context omitted.

Airbnb only charge hosts 3%, so there isn't much they can do in that department.

I see a lot of Airbnb employees regurgitating this but it's not really true. Whether you nominally assign the fee to the guest or the host, it still comes out in the difference between what the guest was willing to pay and what the host receives. The total fee comes out closer to 10%.

That's a good point, but I'd assume most guests just compare the nightly rates on the search screen which don't include these fees (and also don't take into account weekly / monthly discounts).

Re: 11 Toughest Cities to Book an Airbnb

#17

I just came back from Berlin, and was able to book an AirBnb during the high season of August in just a few days in advance. The price seemed reasonable for around $40 per night. I’m wondering if booking is as difficult as the author describes.

I'm back from a month in Berlin and found lots of reasonably priced apartments available. Price was generally lower than other European destinations that I've used Airbnb with. I booked the accommodation a month in advance of the trip though.

Re: 11 Toughest Cities to Book an Airbnb

#19
post #4
post #3

You would think AirBnB would get more involved in pricing (like Uber). Perhaps, though, it considers stable prices more community-friendly?

Curious what demand based adjustment you would suggest. It seems hard to do since people set their own rates

Just simple price increases around known high demand periods or price declines closer to stay date. For starters.

I suspect they think it might be community-unfriendly and/or complicate the service.

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