Collapse of Airbnb bookings

Paul347
Level 4
London, United Kingdom

Collapse of Airbnb bookings

After almost, into his 3 rd year of working with Airbnb as the only hosting platform that I use for my 3 listings,  by February this year I was already brimming with excitement for the oncoming season of maximum occupancy. My location is beyond fortunate- Central Shoreditch- attracting the hipster crowd for the whole unique ambiance,  Silicon Roundabout (5 mins walk away) Europes no.1 chosen tech start up location and art, street  markets etc on my doorstep. I received superhost status early on- My 2 ;etting bedrooms are spot on ( well, I know every host says this)lol But I do have a flair for interior design. Moving forward to March this year- started off quiet- no worries I thought,  just a slow start- maybe this wretched Brexit cloud hovering over out heards is deterring guests from planning London temporarily. Fast forward to mid July- My airbnb bookings/enquiries have all but completely ceased up.

I knew I had to take action as this is my sole source of income these days - I have 3 listings-all in the ame apartment- 1 double, 1 king/ensuite and once a month, I let the property exclusively while I pop off for my own little excursions.

I have been in the hospitality business nearly all my life- I believe I have the experience, knowledge and professionalism to treat my home which is in a very desirable location not only as a safe haven for me but a a business and a safe refuge for any staying guests. This is reflected in my reviews.

I still list on Airbnb - nothing changed- although there was a rude interlude back in September last  when one of my listed bedrooms. I was informed qualified for Airbnbplus.  I then received a couple of emails asking me to change just a couple of the room layout features and add some new pics. This I did- but stopped short of removing a large spotless rug that protects the solid wood floors below the dining table- also out of consideration for my neighbours beneath who I suspect would not appreciate the constant scraping of wooden chair legs against the wooden floor. I was told I would hear back shortly to receive this 'Honoured accolade' of Airbnb plus- although looking at the prices of such properties, I can think of many boutique hotels that offer an identical product at a cheaper price plus  in house 5 star services. However- I'm still patiently awaiting my reply.

When I search Shoreditch as a prospective guest, half the times, my property never shows up or the location on the map is way out- That can be a very important factor when I guest books.

I took the bull by the horns in May this year and added a 2nd platform with identical listings. I increased the price to exclude the Airbnb cleaning fee, the increased platform commision and the single occupancy rate that I have always offered Airbnb guests.

Talk about night and day ! Within 3 weeks I have been  receiving between 2 and 3 definite prepaid non refundable bookings per day- yes, you heard me right. To the extent that June rapidly bcame fully booked. as is July. August is 2/3 booked and now September is rapidly filling up- leaving no room for Airbnb prospective guests to even get a look in.

I believe I know the answer. Airbnb was always seen to the the cheapest alternative to staying in expensive big cities around th world. These people are often on a very tight budget- They arrive at  low cost airline airports- disregarding the printed check out and check in time. Financially, they often book at the last minute due to Airbnb taking the full cost of the room,plus commision,plus cleaning plus in some circumstances a damage deposit. Why would you hand over what can be $1000's of dollars months in advance for your trip abroad, when there are a mass of similar platforms guaranteeing the cheapest rate you will find anywhere which no hidden costs and no money up front depnding on the hosts policy ( 2 weeks beforehand in my situation).

It pains me to detail my experience with Airbnb  so far this year, but something somewhere has gone terrible wrong and I don't believe it is my good self.

Maybe Airbnb marketing department needs to clearly define exactly what they now are? I see you can book hotels, unique experiences, rooms in ,locals homes, and now luxury homes. Airbnb's market and advertising needs to be seriously addressed to prevent sliding ever further down the believability scale. The original concept was a fantastic product- but, never properly regulated. ''Mass Host  companies have sprung up all over the place- with community/council housing being snapped up in undesirable loctions with the promise of a superb  base for your holiday. That 15 m inute journey to the historic sights is unachievable- more like 1 hour 15 minytes and often through not so safe areas of the outer city.

I know the answer is always going to be - Airbnb are now a multi billion $$$ worldwide business- So was Woolworths a few years back.

Seriously though, I am I missing something here?  After a shakey start to the year, my gross income has increased, my guests no longer sneak into their room with a take away kebab or a m ug for cup-a-soup!, while they luxuriate in an apartment featuring many fine works of art, sold hand crafted beds and top quality linen- but obviously not sufficient to warrant Airbnb plus status. This no longer worries me - but I do feel a pang of sadness about slowly becoming  non- entity of Airbnb. This comes from someone who has been invited to the local Clerkenwell offices for lunch and at one point even giving a talk on what I considered yo be the main elements of being a successful host.  I feel badly for all the wonderful people who work tirelessly to  create a wonderful environment for both guests and hosts . But what is the use with one without the other ?

Possibly other London hosts can come to me rescue and tell me my experience this year is uncommon. 

Thank you for reading this far- I attempt to be as positive as I possible can - and financially I am up- but, how can I recommend Airbnb to other hosts (As pops up on my facebook page weekly) when my own experience this year has been so dire.

18 Replies 18

I have had a similar reduction in bookings, significantly less than last year which was our best. As I also use airbnb as a guest myself, and have had great and not so great experiences, I agree with some of the points you make. In particular when trying to search for a place it can be very misleading. For example I was looking for a stay in Mitzpe Ramon in the Negev desert in Israel. But some of the listings turned out to be across the border in Jordan, which you cannot even cross! This type of thing is just frustrating and time wasting and more than once I've given up and gone to booking.com- which also has the benefit of mostly being able to cancel, easily and at late notice. 

I believe having to commit and pay upfront does deter customers as it deters me, and airbnb should address this. I also agree that airbnb has lost its unique, local and personal feel. Everyone is doing it, to the point where the locals in Lisbon put up notices protesting that they are being driven out of parts of town where they have always lived. In general I don't think the fees which airbnb collect from both parties are a fair reflection of what they actually do, which after all is run a website.

Valerie663
Level 1
Cardston, Canada

We have poor internet service and power outages each day. No cell service.

When I take my laptop to the house for service I am blocked by ABB because some one is accessing my site. I m blocked no matter where I try to access from.

At the Home I had a crew wanting to book, ABB blocks them because I did not check in often enough with them I can't win, the crew was a referral and they were blocked from booking, as a what ever to me not at happy listing.

 

I honestly do not think they want people to list with us some people are not watching their screens day and night get a life ABB. We live remote and power outages are daily and nonexistent cell, and little internet service. Still I have a five stare home.

 

I told a friend about ABB they booked for an area in winter.

A blizzard prevented them from traveling with accidents and blocked and closed roads for a week.

they called before they were due and did not get a single cent back for the whole week they had booked .

They will not even hear the words ABB this is  dirty ugly language to them, they would have re booked for a later date if they had been able to get something back.

 

@Valerie663 your situation n a rural location where there's lack of internet connections is so important to come to the fore.

 

It's overdue that the wider Business communities who are based in main cities where internet is more readily available woke up to the fact that not everyone has 

"access" to the internet 24/7 365 for whatever reason & to not expect an Instant response but to expect an equally as good accommodation & service to suit one's needs.

 

All the best

@Valerie663 your situation in a rural location where there's lack of internet connections is so important to come to the fore.

 

It's overdue that the wider Business communities who are based in main cities where internet is more readily available woke up to the fact that not everyone has 

"access" to the internet 24/7 365 for whatever reason & to not expect an Instant response but to expect an equally as good accommodation & service to suit one's needs.

 

All the best