Hello, I own a 1 BR Apt on the Palm Jumeirah in Dubai wit...
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Hello, I own a 1 BR Apt on the Palm Jumeirah in Dubai with Rooftop Pool, sea view and Private Beach access but bookings ar...
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For longer stays, I usually set a slightly higher nightly rate but then offer a substantial discount for bookings over 30 nights. This way, it feels like a good deal for guests, and I still maintain a reasonable overall rate. I’ve found that offering around a 20-30% discount works well for attracting long-term guests without underpricing. It also helps cover utilities and other expenses that can add up over time. Curious to hear what others do! **
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Bonjour @Tom121 ,
Je loue une chambre AirBnB en appartement partagé, de ce fait, je privilégie les long séjours, cette formule me convient tout à fait et me laisse plus de liberté.
La chambre est louée en tarification intelligente entre un prix moyen et un prix plus élevé, j'accorde une remise de 20%, cela me permets obtenir un taux d'occupation continu.
Je suis intéressée de connaitre ce que font ls autres dans mon cas d'appartements partagés.
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Good morning,
I rent an AirBnB room in a shared apartment, so I prefer long stays, this option suits me perfectly and gives me more freedom.
The room is rented at a smart rate between an average price and a higher price, I give a 20% discount, this allows me to obtain a continuous occupancy rate.
I am interested to know what others are doing in my case of shared apartments.
[Google translation added by OCM]
Hi @Tom121 !
CAUTION !!!!! BE VERY CAREFUL WITH RENTING GREATER THAN 30 DAYS !! Specially in Los Angeles!!!!!
if these guests receive any mail, correspondence or junk mail to the property it becomes their residence as “tenants” and in LA tenants have more rights that landlords. And these people know the system.
You will not be able to evict them without a nightmare.
I don’t do greater than 15-20 days. Be cautious no amount of money is worth that headache.
Maggie 🫤
Some good advice already offered by other Hosts. Most Hosts do offer 20-25% discounts for monthly stays. I would not get pressured by a potential guest to go higher than that, as their are scammers who negotiate a steep discount in exchange for a 3 month stay for example. In reality, they have no intention of staying for 3 months. Remember, Hosts are only paid monthly for long term stays. The guest will simply cancel after one month (at a steep discount), or simply fail to pay and Airbnb will cancel the booking. Meanwhile, your calendar has been blocked for 3 months for this guest; sometimes long in advance of check-in. Cancellations for long-term stays are different than your short term policy.
Long term stays can be an option for Hosts. However, I would thoroughly familiarize yourself with the long term stay policies on each platform before offering them. This will help you avoid some common (and costly) mistakes made by other hosts. Some hosts prefer not to offer long term stays, due to these issues.
Long Term Stay – CAUTIONS
Getting Started with Monthly Stays
https://www.airbnb.com/help/article/2729
Tenant Rights
In most states, if a guest stay is more than 28 days, they are now legally considered a “tenant” and not a guest. If they refuse to leave after their stay, you will have to go through court proceedings to get them evicted.
https://www.airbnb.com/help/article/805
Cancellations
Cancellations for long term stays are differnt than your short term cancellation policy.
https://www.airbnb.com/help/article/475
Guest Reservation Alterations
Guests can alter a long-term stay reservation without Host approval in some circumstances.
https://www.airbnb.com/help/article/1361
Payouts
Payouts for long term stays are different than short-term stays.
https://www.airbnb.com/help/article/285
Price Calculation Errors
Price errors occur more often with long-term stays. This requires the host to verify each one for accuracy (sometimes weekly or other discounts you have set are incorrectly applied to a long term stay).
I do a lot of contract employees so usually minimum stay is 30 bdays, I think my longest was 6 months.
I don't allow a 6 month booking, I usually will do monthly or weekly with extensions submitted and I usually approve. If the Guest does an extension rather than a new reservation then fees are not applied again. This way neither of us in a position were we have committed to 6 months and just not compatible or the company unexpectedly decided to send the employee elsewhere. I don't guarantee an extension, they aren't guaranteeing thy will submit an extension.
If they were so comfortable that they could commit for 6 months, then most likely they would go the cheaper route and sign a 6 month lease.