I’ve been hosting less than a year (November, 2017), and I primarily do it because my wife wanted something to keep her busy (so she’s the manager and cleaner).
There really isn’t anything special about the place, we’re located very close to business district in a quirky but plain middle class neighborhood and my nightly price is sub $100. My cleaning fee is higher than the nightly rate, usually. I offer an entire single family detached home on a third of an acre in a 60 year old renovated home.
If I put it under an annual lease agreement I’d expect to get about $1300/month.
I’m a “SuperHost!” (meh). I allow instant booking. I use ABB’s pricing guidelines and slide pricing (though my minimum is about $5.00 higher than ABB recommends).
My occupancy rate, on a monthly basis is between 84% and 94%, and usually above 90%. Occupancy doesn’t seem too seasonal, but again I’m in less than a year so far.
Any tips from those with more experience and professional experience? We’d been killing it on ratings, feedback, etc, but have dipped lately due to a number of one-night, first-time ABBers who have dinged us on “Value”. We even had one first-timer recently give us 3 stars for “Location”!.. which baffles me since the map and description pretty much shows exactly where my place is, lol. Will that drop me in search rankings? Should I even worry about it? Is my high occupancy rate something ABB manipulates as a new host? Or can I count on whatever algorithm ABB uses to keep my listing booked under current conditions?
Sorry for all the questions… just looking for some experienced feedback. Thanks for reading.