Are booking rates down?

[Chris23665]

Hello fellow hosts,

I've had a great occupancy rate for the last 2 years. Since November, this rate has dramatically decreased, despite good reviews.

I'm currently running a promotional price, also using smart pricing. I have decreased (not increased) my prices, yet bookings are rarely coming at all. This was unthinkable just a few months ago, and for the last two years.

Has anybody else dealt with this issue? If so, is there any advice you can share on how to get things back on track? Is the algorithm not showcasing some properties anymore? What can one do to fix this?

Many thanks,
Chris

[Amira326]

Hi Chris

Just checked out your listing. Is it possible the competition in your area has changed and that's taking away traffic from you? If that is the case perhaps consider making few changes to your studio for a cozier look. Anything from a duvet cover, a small rug, a framed piece of art on the wall, a vase to a bedside lamp- these small details can make a difference and not cost much.