Hi Everyone,
Having created my first listing on Airbnb since 2017, I noticed a steep drop in bookings received through this OTA over the past 7 to 8 months.
I'm based in the UK (outside of London) and manage a small business providing short-term rentals in an urban area.
Has anyone else had a similar experience? Is Airbnb giving priority in the algorithms to newer listings?
As a business, Airbnb charges a higher rate commission (18% including VAT). Because my business is not registered for this tax (VAT), it means, it's become an extra charge/cost to operating. Recently, I had a guest who cancelled a booking on Airbnb (having blocked our calendar for several months), then went to another OTA to book the same property for different dates (at discounted rates per night).
What are hosts recent experience of the quantity of reservations received through Airbnb and the earnings received? Please share as I'd love to know about other people's experiences of the platform.
With thanks.
Veronica