I’m wondering how to calculate my pay out after the Australi...
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I’m wondering how to calculate my pay out after the Australia VIC government short stay levy comes into effect. I as a host, ...
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Hello!
I was planning to list my property in mangalore on airbnb. Wanted to understand the market in mangalore. How’s the occupancy rate? How is the response rate?
My property is situated in Jeppu 10 minutes away from the father mullers hospital. It’s an independent house with 4 bhk and 3 floors.
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Hello @Sherien2 ,
In Mangalore and any other future properties you have, consider first checking all the properties in the vicinity on Airbnb, because this is what your potential guests will see. There, you will observe pricing strategies, occupancy rates (check others' calendars to see how busy they are), and it will also help you distinguish yourself with how the space looks.
You can also use a website called AirDNA. Even their free version can give you a good understanding of what is going on in your area regarding Airbnb properties.
I hope something from this will help you.
Good luck with hosting.
thank you Paula
Hi @Sherien2
You can check the link to see if there is a host club near you. If so, they should be able to give you some local insights:
Hi @Sherien2 ,
Listing your property in Mangalore on Airbnb sounds like a great idea! To understand the market in Mangalore, especially around Jeppu, it's important to consider a few key metrics:
Occupancy Rate: The occupancy rate can vary based on seasonality, local events, and overall tourist inflow. Generally, coastal cities like Mangalore see higher occupancy during tourist seasons, which peak around winter (November to February) and during the summer holidays. Given the proximity to notable locations like Father Muller's Hospital, your property might attract medical tourists or visitors to the hospital, which could provide a steady demand outside of the typical tourist seasons.
Response Rate: The response rate is crucial for maintaining a high host rating. Prompt and effective communication with potential guests can significantly impact your booking rates. Aiming for a response time of a few hours can improve your attractiveness as a host.
Local Market Analysis: Understanding the pricing strategy of other listings in Jeppu and nearby areas will help you position your 4-bedroom, 3-floor house competitively. Check for amenities offered by other hosts, their room configurations, and any unique selling points they might have.
Regulatory Environment: Ensure that you are aware of local regulations concerning short-term rentals. This includes registration, taxes, or any neighborhood-specific rules that might affect your hosting.
Marketing Your Listing: Given the size and facilities of your property, it might be attractive for families, large groups, or long-term stays. Highlighting amenities like spacious living areas, views, proximity to local attractions, and unique aspects of your house will be crucial.
I hope this helps.
All the best,
**
**[Company name removed in line with the Community Center Guidelines]
Hello @Sherien2 ,
In Mangalore and any other future properties you have, consider first checking all the properties in the vicinity on Airbnb, because this is what your potential guests will see. There, you will observe pricing strategies, occupancy rates (check others' calendars to see how busy they are), and it will also help you distinguish yourself with how the space looks.
You can also use a website called AirDNA. Even their free version can give you a good understanding of what is going on in your area regarding Airbnb properties.
I hope something from this will help you.
Good luck with hosting.