What do you mean by maximizing Airbnb income?
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Maximizing Airbnb income is “shorthand” for our focus on (long-term) profitability over a year. Instead of focusing on maximising daily rates we ensure with our philosophy to:
- Build trust – reviews and high ratings from happy guests.
- We base our Airbnb rates on demand. And demand depends on seasonality and mostly on trust.
- Maximizing Airbnb income does not mean we are unreasonable at any time; our guest will never say the rates are cheap; we are not and will not ever be cheap, but guests will tell you we are reasonable.
- Our model of building a snowball of trust takes longer than a year. Getting 40 reviews needs patience (more here).
- But if we are lucky and demand jumps quickly to higher than 50% occupancy we increase rates. Let me add; we always adjust rates depending on demand. Always within reason.
Maximised income depends on trust; high rates depend on high demand.
As a Cape Town Airbnb accommodation agency;
[su_quote]Initially, you pay a price for the lack of trust. And you pay a price to get many positive reviews……[su_highlight]Our income only increases if your home improves at all times and your income improves.[/su_highlight] Nothing else.[/su_quote]
[/su_tab] [su_tab title=”How To Maximise Income” url=”https://agency.capeholidays.info/ufaqs/how-to-set-prices-on-airbnb-to-maximise-income/” target=”blank” class=””]How To Maximise Income (go here).[/su_tab][/su_tab][/su_tabs]
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