Smart Pricing

[Abner31]

Good day,

 My name is Abner. How do I price my property competitively to the Airbnb next to me? How do I attract guests to my business and ensure it is always occupied.?

[Elaine701]

@Abner31 

Be very careful about competing on the basis of price. The most problematic guests seek "whatever is cheapest" first. It can be very expensive. And don't expect Airbnb to save you. It's just marketing. 

Instead, I'd recommend keeping your prices a bit higher than your competition, and making the place stylish and comfortable, under promise and over deliver. The resulting good reviews will attract a better quality of guest that is happy to pay for that quality. And you'll have far fewer problems. 

Good luck and happy hosting.