I am in my 3rd summer/fall renting my house via Airbnb. I do consistent, but less frequent, rentals during winter/spring- this past winter/spring being my busiest to date. So far my experience has been overwhelmingly successful. Recently, though, bookings have virtually dried up for reasons I can’t figure out. Here’s where things are currently at, would love any thoughts or input. Thanks!
-I have a 5 star rating with over 70 reviews- easily in the top 10% of my area (a popular tourist vacation destination). I am a superhost and have instant book.
-I try to keep my prices very competitive, among the lowest third or quarter of all options in my category (entire homes for 5-7 people). My prices this year are at or slightly higher than they were last year.
-Compared to last year at this time, my page views are up a fair amount (8% over last April, 25% over last May, currently avg around 12-17/day) but my booking rate is way down. Last April/May I booked at 2.6% rate, this April/May I am closer to .5%. I had 13 bookings last April/May, this year I am at 3.
-Approaching my busiest season I typically average 6 weeks ahead of time for my bookings. This season I am only 8% booked for the coming 90 days. Down from about 30-35% at this time last year. At this point last year I had 39 days booked in my 90 day window. This year I am at 11 days.
-I am pretty active on the site, and adjust prices fairly regularly to stay on top of searches.