@Darran6
You have a 5.0 overall rating and great reviews, but your lowest star rating is vale at 4.7.
This is so annoying.
@Darran6 wrote:
The only view they have on 'value' is what they already know at time of booking, when they have 100% visibility on the cost. So they mark down on something they knew in advance? Are they suggesting they were forced to book mine? They could have booked somewhere 'cheaper'...
Well, exactly. I haven't checked your prices, but your place is very obviously high end and it's in a trendy area. If the guests were able to find a similar Airbnb in that location for less, why didn't they book that one instead?
I think that Airbnb should get rid of both the value and location ratings altogether (yet, I know they won't) because, unlike communication, check in and cleanliness, both are known to the guest when they book. They choose to book at that location and if they couldn't be bothered to read the 'where you'll stay' section or do their own research on the area, then that's on them. Value doesn't even require any research. The price is there and broken down from the start.
The only reason to mark down on either location or value is if the listing description was inaccurate, i.e. the location was made out to be something it isn't (e.g. saying it's in Central London when it's Zone 4 with no tube station) or value was poor because the guest booked one unit and the host put them in a smaller, inferior one. Or, the listing promised amenities that weren't available, had photos from years ago when the place was newly decorated/furnished but it hasn't been well maintained etc. etc.
But that's what the ACCURACY rating is for! Accuracy covers all of those scenarios, so Airbnb could easily ditch location and value.
Another host made an important point about the Airbnb guest fees. While you are really not making much of a profit here, guests usually think of the total cost including fees when they evaluate the value. From your end, you're probably making a loss but, from the guest's end, it still seems pricey. Of course, we have no control over Airbnb fees (which seem pretty inflated to me) and shouldn't have to drop our prices to compensate for them.