@Catherine-Powell thank you for the opportunity to reply to the new Airbnb tool.
I have concerns with the new pricing tool to "Compare similar listings nearby".
Yes, a good tool to use for a quick look and see. But what is happenning is that there is a "Little or Big" CUT THROAT market happening in our patch by the beach.
I have to say Airbnb new tool is starting to changed the market not for the good as I see it.
Yes, most people around here do change their prices for winter. But I have to say "How low do you have to go".
One has to consider;
What does it cost to run your Airbnb?
Is it at a lost or profit?
Is it an investment or being self employyed or a hobby?
Is it to change your well being from being Happy and Caring for Others or Worrying about Who is getting more of the Airbnb market than those around me.?
Yes, the other Hosts may have more commitments like morgage payments, greater monetry outlay commitments that I and others don't know about. But that is for them to decide as to how they manage their money.
Yes, I have to say Guests maybe are getting a better deal.
Yes, the times are changing with our counties economy and around the world.
But for me, I consider what I consider what is a fair price, what is the value of my Airbnb to me. By not changing what I consider the market price to low to become more competitive.
I am already hearing that different clientele are booking these places and respecting these propertires and leaving more mess, more people than booked, damage to the properties.
For me I say, What can I do with my spare time if my Airbnb is not booked?
Go on a holiday and shut up shop until the market changes. Do the things I have put off, visiting family and friends, more time for outdoor activities, gardening and making changes that don't effect guests, maintence on the property such as repainting, doing all the crafts I want to do.
But, the bottom line I have my principles that I give what I consider a fair price and I have a life to live that is better for me.
Lastly, what it means with this new tool is the person who is still on top is: Airbnb and its share holders who will gain the proffit and not the Hosts who care and look after their properties themselves other than put it on a plate for others to deal with as an agent.