Have "price tips" gone insane?

Dede0
Level 10
Austin, TX

Have "price tips" gone insane?

About 4 days ago, the pricing tips from AirBnB (which I look at but mostly ignore because they're usually wellbelow what we actually charge  to VERY satisfied guests), suddenly went nuts. They surged roughly 40-50% higher than we typically charge. Or, to put it another way, 60%+ higher than the previous price tips. Has anyone else seen this happen?

 

We're not upping our rates based on this, because our bookings are coming in at the usual pace. On the other hand, if these tips are even partially valid, we'd love to make more money. I have my doubts, though, that even if the tips are semi-valid, whether our guests would be as 5-Star "happy" as they usually are. We already charge what I consider to be a premium rate, and I'd hate to push the boundaries if it would affect our ratigs and reviews.

15 Replies 15

If you need a giggle, Price Tips are always sure to satisfy!

 

It's the 29th March today and I have received a Price Tip that says I can increase my March bookings by 300%. I have one night free, which is tonight, the 2 remaining nights in March are already booked and I dont take single night bookings. I'm no maths genius but how can I boost my bookings by 300%, by discounting one night of the remaining 3, which according to my rules I can't sell? If I did sell it, wouldn't that be boosting my bookings by 33%?

OR

Would it be that because tonight is not sold and then I could sell it, I would be increasing tonights bookings by an infinite amount, (300% of zero being still zero) and the guys at AirBnB have decided that not even they can say 'Increase your March bookings by an infinite amount and they thought to try something more plausible?

OR

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