The 1 Change That’s Flooding My Airbnb Calendar

What’s up guys, in this video, I’m going to share with you one simple little thing that I changed on my Airbnb listing recently one of them that allow me to get my summer almost entirely booked up with great high value bookings. And this isn’t a time where the market things are slowing down, you really got to set yourself apart, stay competitive and get bookings. It’s much harder right now than it was last year or the year before that during the pandemic to get bookings. And I managed to make one small tweak that made a really big difference. So I want to share it with you guys here on this video. So let’s jump right into it. And let’s talk about minimum night stay settings. This is one little setting that I toggled recently, that actually got me flooded with bookings I made this change about a week and a half two weeks ago on one of my listings. And I’ve gotten pretty consistently about one new booking every day since making that shift. Now a lot of people asked me about middle night stay settings and where you should set it up. And a lot of people tend to in the high season want to have longer middle night stays 567 Nights long. And that’s all well and good. I highly recommend playing around with these settings, they can be really impactful towards your overall revenue, you don’t want to ignore them. But what I always tell people is the easiest way to explain how this is going to impact your bookings and your overall revenue is to think about all the demand in a given market as a set fixed number. So just this pool of people that are looking for properties to stay out in a given time of the year and a given location. Let’s say there’s 100 people looking for a specific date, well, out of those 100 people, how many of them are looking to stay for just one night, how many you’re looking to stay for two nights, how many are looking to stay for three, how many are looking to stay for 456, and seven, and so on and so forth. Now, if you can imagine, if you have a minimum night stay, that basically is cutting off people on the lower end of that demand. So if you have a minimum night stay of seven nights, then anyone that’s looking for six nights, isn’t even gonna find your property in the search results. Same thing for anyone looking for five nights for three or two nights. So you can imagine that you’re really cutting off a significant amount of the total demand for your property. So what you’re counting on is it the remaining demand that’s left is going to be enough to get your property booked up. Oftentimes, that is true. Again, if you’re in high season, oftentimes there’s enough demand, even when you cut off a big chunk of it, then you’re gonna get those nice long bookings. And that’s really beneficial because you get that nice clean occupancy, your property is going to be booked more often more days of the month, and you’re gonna have less turnover to deal with which is just really nice, it’s just makes things a lot easier to manage means that you’re going to have fewer expenses from cleaning, everyone’s happy, right? Except for what happens is that as we get closer and closer to a specific set of dates, that demand also shrinks, because no longer can the people that our Early Bird planners that booked their trip six months ago, they’re not looking to book your place anymore. And so having your minimum night stay set at a high number way out in the future makes a lot of sense. But the closer that you get to those available days, the more you want to consider decreasing the minimum length of stay to access a greater amount of the overall demand for your property. So what I did recently was switched from a three and four night minimum stay for a lot of the upcoming nights down to a two night minimum stay to start filling in some of those gaps in the calendar. What that means is that now people that are searching for a two night stay, my property actually shows up. And so not only do I still get to capture three, four and five night bookings doesn’t preclude me from getting those. But I’m just opening my property up to a whole other subset of the demand for people looking to travel to that area on given sets of dates now meant that I was able to fill in a lot of gaps. It also meant that I was able to make more revenue overall for my property. So again, I always like to remind people that this is probably one of the most powerful pricing tools that is so often overlooked. When it comes to optimising your performance with a short term rental property. The reason it’s so powerful is that so many people specify the dates of their travel very, very rarely do people go and search on Airbnb for a place to stay without inputting dates. Lots of people don’t bother filtering by price. Lots of people don’t bother filtering for places that have a hot tub. But almost no one doesn’t filter for dates. And so because they’re filtering for dates, Airbnb is only going to show them places that will allow a two night stay if they’re looking for tonight stay. So it’s not just that people are going to look at your property, want to stay there and then go oh, maybe I’ll extend my trip to make it happen. No, they’re not even going to see your property in the search results. It will Literally eliminates your property from the search results on a vast number of people that are searching for properties in that area when you increase your minimum night stay. So for that reason, it’s just an incredibly powerful tool that so many people overlook when it comes to optimising their pricing strategy. So, if right now you have a minimum stay that is set quite long, 345 days or more, especially if you have it set that way in the near term future for vacancies that you have this month or next month or the month after, I’d highly recommend playing around with those settings and tweaking things a bit. Now, all that being said, there is one thing I absolutely recommend holding to no matter what and not never dropping below a two night minimum stay. Now this isn’t a hard and fast rule for all this. But I will say about 90 Maybe 95% of listings, I would recommend having at least a two night minimum stay except for some rare scenarios. What I’ve found, in my experience, even hosting properties in downtown urban Metro environments is that yes, it may be beneficial from a revenue standpoint to allow one night stays. But what I’ve found is that you’re also going to increase the amount of headache you have substantially it’s not to say that every single one night stay is going to cause issues. But it is to say that almost all issues are going to come from one night stays. The reality is when someone’s looking to book a party, they’re searching for a one night stay nine times out of 10. So right off the bat, the people that are looking for parties no longer even see your property in the search results when you set a minimum stay of two nights or greater. The other thing is that those one night stays are going to be really inexpensive stays typically. So it’s going to attract lower quality guests. And so you just need to monitor that I would highly recommend that if you are going to allow one night stays that you do some additional guest screening. And I highly recommend that you only do it on smaller listings where it’s not really attractive to host a party there in the first place. If you have a three, four or five bedroom property that you’re planning on allowing minimum stays of one night on, I would encourage you to think again, those are really great properties to throw parties at. And so it’s just probably not going to be worth the risk to you and worth the additional headache to just get a little bit of extra bookings in there. Rather I would optimise your pricing and optimise your performance based around a strategy that never dips below a two night minimum stay because that’s going to be the best optimization between minimising headache and maximising your upside your revenue. Not to mention that if you upset your neighbours or upset the city, things like that, that’s going to come with a whole host of issues that are probably going to cause revenue issues down the road when you can no longer host effectively. Guys just want to take a quick break here to say that for those of you watching, who want to build cashflow, and long term wealth by purchasing Airbnb ease and short term rental properties, there’s a link in the description right down below for a free training that will walk you through my exact strategy for investing successfully in Airbnb. Now, if you’re not ready to actually buy properties, and you want to get started managing other people’s properties on Airbnb the same way I got started and build a full time income managing other people’s properties. There’s actually another free training linked in the description down below as well, there’ll be a really great fit for you. So whether you want to invest in short term rental properties and actually build amazing cash flow and long term wealth by acquiring the assets, buying the properties themselves, or you’re looking to earn a full time income managing other people’s properties on Airbnb, we’ve got some awesome trainings that are linked in the description down below. That’ll definitely help you out. When you sign up for the trainings, we’re also going to send you a few other tools and resources completely for free just to help you get started. Again, the links to sign up are in the description down below. And both trainings and all the tools are completely free. So make sure to register for the trainings, links in the description down below. So I hope all the thoughts and advice and tips and guidance I’ve given in this video has been really helpful. And I hope it makes you think about and maybe make some changes on your listing that are going to positively impact your overall performance. 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Hope you enjoyed this video I hope you got value from it. And with all that said, thanks so much for watching and I’ll see you in the next one