An Important Message To Hosts All Over The World

I took the pictures, then phone goes on a memory lock, of all times.

1 Like

Uh-huh…how con-veeen-ient, sez’ Church Lady.

1 Like

OMG too depressing to see the ravages of time!

From 2002-2006 I did bookings through my own website. Guests paid $12,000, costs about $100. My net income $11,900.

Then from 2007-2015 I used a combination of Homeaway and Tripadvisor, Guests paid $12,000 costs about $400 for each of HA and TA per year. My net income $11,200

Now I am using pretty much only Airbnb, guests pay $12,000, airbnb takes average 17.5% per booking. My net income $9,900.

Each time I moved was because the old method was just not bringing in enough bookings.

However the big trend (apart from flat revenues in my city) is that the facilitator (Airbnb) is now taking a much bigger chunk of the pie. HA is trying to do the same but their site and workflow is really messed up. Airbnb just works really well despite being expensive, so I guess it’s the best option at this point.

3 Likes

Wow. I see 3% on my bookings. Why such a difference?

2 Likes

You are not counting the guest’s contribution. Some consider it money left on the table, that Airbnb collects. Obviously, they have to make some money to run their rickety website…

I see. Yes it gives you a clue what people are indeed willing to pay, I just never looked at it as the fee they charge the guests is my money. Coincidentally, out of curiosity, I just did a little experiment, like some suggested here, I ā€˜acted’ like a guest and tried to book my place in Airbnb, VRBO, Flip Key, etc. I was quite surprised how much guest do pay.

2 Likes

My favorite is when travelers ask for a discount through Airbnb and Flipkey…yet they are so willing to cough up the booking fee…it aint cheap!

1 Like

If you search ā€˜listing site independence’ you get a lot of info. You would actually be a prime candidate for this but it would be a bit more work. I take most of my repeats (6 to 10 per year) and a lot of my 1+ month out arrivals by personal check or square payment and skip the middleman (HA/VRBO to whom I pay a subscription). I have not taken any Airbnb originating inquiries off site as of yet since the listing is free.

Hey Australia. I see you have listed with a few others with no success. Can I suggest Stayz? Initially I thought not and would stick soley with AirBnB - however, I am currently getting bookings 50/50 with Stays and AirBnB. I must qualify this however. Over time and as I get more reviews and more bookings, hope to alter this ratio in favour of AirBnB. I asked the Stayz bookers why they booked with Stayz rather than AirBnB. Answers varied but many unaware of AirBnB or had heard poor publicity. Give it a shot. Even the calendars synchronize.

Thanks for thinking of me Clyde. :grin:
I have looked into Stayz and havn’t gone with them yet because of the 10% comission, and the bad reviews from hosts I’ve been reading due to the change over that the company has gone through since Homeaway bought them out.

Anyway, your comment:[quote=ā€œClyde, post:112, topic:6304ā€]
I am currently getting bookings 50/50 with Stays and AirBnB
[/quote]
has certainly got my interested! Do you adjust your fees that you have listed on Airbnb so that you end up receiving the same amount? I’m happy with the way Airbnb pay me and I don’t want people to book me through Stayz because it is cheaper for them (and therefore more expensive for me).
And do the guests pay you directly? (don’t really want to do that) or does it go through Stayz and they pay you (which would be more secure I think)
Thank you

Hello again Australia

Okay. First, the commission is now 7%. Have put the link for their July newsletter below with further information:

It is a juggle trying to get similar fees so the guest ends up paying around the same as whether they book with Stayz, AirBnB or direct with me. It is just a matter of working out what you need and doing the math. We charge a one off cleaning fee with AirBnB so we ensure we put this in our other prices as well.

Don’t know about the bad reviews. Have been in the accommodation business for 14 years. Fisrt time Stayz and AirBnB user as a host. Overall quit happy with both. Declined using Booking.com. Would get us more bookings I am sure, but from past experience, I would rather not.

With Stayz the client pays directly to Stayz and the deposit and balance is paid straight to your account. Quite seamless.

I am currently building my own website with my own booking button. These payments will be via a business paypal account. Haven’t quite finished the website at the moment - probably a few more days. Initially my booking button on my own site was linked to my AirBnB page but following some research, found that many guests reluctant to use AirBnB due to various negatives they may hold. (Unfounded of course!) Some others traditionally have used Stayz and remain loyal. So bottom line, is that I am getting 3 bites at the cherry.

More importantly, never just rely on one source for your business. Rules change. By having 3 different source of clients, if you run into problems with one, you still have two other backups.

Some guests much prefer to deal direct and be able to call you etc.

Send us a message in a week and I can give you link to my site. A bit embarrassing to do so now due to the site being incomplete. Also more than happy to chat with you over the phone if you wish.

Must go now. Have two Stayz guests coming tomorrow and another on Wednesday. No AirBnB on the horizon just yet. Need I say more.

wow, thanks so much for all that info and offer of phone help.
I’m going to give Stayz a go!
Glad to hear they pay you, not the guest paying you as I really don’t want the hassle of that.
I’ve only been doing this since April and gradually I’m getting more bookings (especially for the Spring /Summer months coming up. But August I’ve only got 4 nights booked. Having said that, we are doing lots of improvements to the property and these breaks give us plenty of time to get in there and get on with it.
I’d love to see your web page when it’s past the ā€˜embarrassing’ stage :sweat_smile: I’m not quite ready to go it alone with my own page, but maybe someday.
Thanks again

I had my first experience with the Airbnb helpline this week. There was an issue where smart pricing went a few euro below what my minimum fee is &I some guests instant booked on that price. I tried Airbnb Twitter account first as I have heard the help line was not much use. Within 12 hours I had a missed call from Airbnb in California & 2 follow up emails. I am in Ireland which they knew and yet still called at 1.30am Irish time! The following morning when I woke up I called Airbnb in Ireland and was pretty much told they couldn’t help me as I had a ticket open already with the lady in California! I explained that it’s a little ridiculous that I have to deal with the Cali helpline as with the 8 hour time difference it would take days of back and forth emails to resolve the issue. Lady on the phone in Dublin pretty much shut down at that point and wasn’t willing to help yet a person halfway across the world was expected to help me. All in all everything was sorted but took 5 days due to the fact the the woman dealing with my case worked evenings/nights! I dread the thought of having issues with them again!

2 Likes

As you discovered, this billion dollar company is still run by mortals sitting at a desk somewhere in the world that may be thousands of miles from you. It’s all very impersonal and we are just a number in their system. And that’s unfortunate because Airbnb was intended to be a warm and fuzzy experience for travellers wanting to experience local color.

However, I have had a couple sorta major problems with guests and–when I finally got through–the person on the other end of the line was friendly and helpful. It can throw you into a bit of a panic when ā€œpoopā€ happens and you’re fumbling around looking for a way to contact someone at Airbnb.

1 Like

Hi Clyde, you’re my official ā€˜go to’ person for all things Stayz! :grin:
So, I’m setting up my page there and I’ve come to the security deposit part. On Airbnb I’ve set it to $500 but that’s because I know people aren’t actually charged that much up from, it’s just an amount they CAN be charged if there is a problem.
On the Stayz site it looks like they are charged the full amount and then it is refunded to them…is this the case?
If so do you think $500 is too much and would it put people off booking?
Thanks

I’m not Clyde but I can speak from a guest point of view that it wouldn’t put me off for the right house. I’m renting a house in Costa Rica next summer and the deposit is $1000.

1 Like

Hello Sue.

As a traveller, it always used to annoy me when I was asked for a deposit. Usually large hotels but in some cases smaller establishments. The message I get is ā€œwe don’t trust you so we can hold this money as ransomā€. Probably my paranoia but still, annoying. Even when running our holiday park, we never asked for a deposit over 13 years.

So in short, our policy is not to ask for one either with Stayz or AirBnB. In reality, if there is a problem, how then do you define how much of the deposit you keep? You also have to prove the damage or whatever. Just sounds all too hard to me. Your insurance policy would probably cover you anyway.

Let me also explain that our cottage only takes a maximum of two persons. No pets. No children. No visitors unless previously advised. So extremely little chance of any damage. If there is, I am sure the guest would admit to it and perhaps offer compensation. (P.S nothing against children or pets, but we are reducing potential problems. If we too pets, our bookings would definitely increase, but so would our hassles with cleaning, noise,neighbours etc etc)

If you take larger numbers of guests, children and pets, then the deposit may be worthwhile. So in this case, you may want to stipulate a deposit or bond up front.

The most important thing though is to make it extremely clear what the refund policy is on that bond.

Just had two Stayz guests check out. They mentioned they did stay at another AirBnB place once, but the house was dirty and not good value. It seems like they had then decided that AirBnB was maybe not as good as Stayz as they decided to use Stayz this time. Another reason to be on both platforms.

Would also like to hear from other hosts about the security deposits and how often they kept part or all of it. Particularly interested in the determination of the amount to be kept and whether or not disputes arose.

Thanks Clyde
Apologies everyone for turning this thread into a Stayz information gathering session, but best to keep it here now that I’ve turned it.

So, I’m a bit confused with the Security Bond. Does this mean that I do in fact take this money from the guest and then have to return it to them assuming all is well?
PITA if so! I’m happy the way Air ā€˜takes’ the bond, but doesn’t really take it, just suspend it in space until a dispute occurs through the resolution centre then they decide if and how much gets released to owner. Fine, I get that, no charge made out of anyones account until the damages are assessed and decided upon.
I don’t reaaally want to play God on this with the way I think Stayz wants me to, so if you could please clarify that this is so I’d appreciate it.
(your set up sounds less risky for damages than mine, so I do think I should have something, given that my home insurance excess is set pretty high)

OK, now that I have you, I’m up to setting fees for all my different dates for the next year. But how do I put a limit on how far into the future I want people to be able to book. I don’t want to have to set dates till the year ā€œforeverā€ to avoid someone deciding they’ll get my December Hot time for bargain basement prices.

You’re a gem with your free giving of advice and info. I’ll wait patiently to hear from you again.
:relaxed:

Thanks K9, yours and anyone elses input on this is appreciated.
Did you rent Costa Rica through Airbnb or Stayz (Homeaway) or other ? and if not Airbnb, was that $1000 taken out of your account to be refunded should no damages occur?
This is what I’m worried about, $500/$1000 could make the booking impossible for many people if they don’t have that sort of $'s hanging around in their account.