I am new host in Dubai,
if I keep competive rates. I get occupany for 10 days whereas I break even my rent only in 20 days occupany.
if I keep non competitive rates I get no customers.
So I feel that nobody is making money on Airbnb, better look for long term tenants via dubizzle.
I completed 1 month an I feel, there is no point in renting via Airbnb, the main issue is hotels are reducing the rates to match Airbnb and that makes Airbnb hosts losers.
The reason for looking at Airbnb was because Rents in Dubai are too high, but it does not seem to even cover the cost of host.
Further it is requires far more effort and time. Guest come at odd hours, that does not help either.
It take lot of effort to maintain the top ratings.
I am already considering to quit after 1-2 months.
Any suggestions by super hosts, who can advise how to keep 20-30 days occupancy.