26 Feb Airbnb Host Features: 5 Hidden Tips To Help Boost Airbnb Revenue
Did you notice the new host dashboard? This new dashboard came after the big update on 2/22/18. There are a few cool tips to help hosts to get more bookings, but it’s kind of tucked away.
In this post, you’ll learn how to find them and how to use them to help you manage and convert more bookings!
(If you’re interested to learn more about Airbnb SEO, I suggest head over here).
Airbnb Revenue Tip #1: How to Create a New Rule-set
Why is this useful?
My high-season is from May to the end of September. So that means, I can create a new rule-set to automatically increase another 10% on what I’m already charging.
- Click on Calendar
- Create a new rule-set
I use Beyond Pricing, so my prices are already dynamic, which means I’m already maxing my nightly rates. Another 10% is going to boost my bottom-line!
( If you’re interested to learn how I improved my nightly rates by a whopping 33%, then you can head here)
You can also create a rule-set where you decrease a certain %. That’ll be helpful in low-season where bookings are sparse!
The old way to do is you click on your listing, then you wait for it to load, and then you can click on “preview listing.”
Now, you can go preview your listing before you publish it live with just one click.
- Go to your Listing
- Scroll all the way to the right and then click on the three-dots.
Airbnb Revenue Tip #3: Request Proof of Income To Refinance Your Mortage
In case that you missed it, but now you can use your income from Airbnb to refinance your mortgage! This is a huge win for homeowners.
Here are the steps:
- Go to Progress
- Then click on Earnings
- Then you can request proof of income directly from Airbnb
Airbnb Revenue Tip #4: Set Up an Earning Goal
After clicking on creating a goal, you’ll be prompted to click on “increase earnings” or “host more often.” The difference is that one is a dollar amount and one is an occupancy rate.
I’d suggest playing around with it. Now, also please remember that Airbnb will often show you pricing “tips,” be careful now to fall for it.
You need to read why you should never trust their pricing tips.
Airbnb Revenue Tip #5: Opportunities
This is the coolest addition of new features! Now, Airbnb gives you a list of things that you can improve in order to earn more money!
As you can see, there are three opportunities for me: basic requirements, Superhost, and Work collection.
If you have multiple listings, then you can select the listing that you want to work on. This by far is the most important release!
That’s all folks!
Interest in learning how to build your rental arbitrage empire? You can subscribe to my blog and learn tips and insights on my process of creating a profitable 6-figure passive income business using other people’s home. I write on the regular and offer free tips and insights.