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15 contributions to Arbitrage Academy
Quick Tip: Boost your Bookings by 15%
Here's a simple trick we implemented that led to a surprising boost in bookings: ​ We added a single line to all our property descriptions on Airbnb: "Message us & ask about our early check-in/out options" ​ The results? - 15-30% increase in booking inquiries - SEO Boost on Airbnb platform - My properties went from the 3rd page to 1st page of search results on Airbnb ​ Why it works: Airbnb has implemented what they call the "interest" algorithm that will determine how high up on the search results your property is found. ​ Airbnb tracks how many users are clicking into your listing & how many messages/inquiries you are receiving. The more people that click on your property and send you a message - the better SEO boost you receive. ​ This CTA is a very simple yet effective way to have Airbnb direct your listing more traffic. This CTA is just an example but you could also prompt guests to ask about a specific amenity that you offer, a local attraction, or upsell services you offer. ​ There are many tips & tricks you can utilize to drive more traffic to your property which result in more books & more $$. ​ Have you tried something similar? What small change made a big impact on your STR business? ​
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New comment Sep 21
Airbnb gives 80/20 rule.
Airbnb gives 80% of it's business to the top 20% of hosts in any market. When you understand what Airbnb is looking for, they will give you enough business to help your calendar stay booked year round at the highest rates in your market It feels good to see months like this regularly 😍
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Airbnb gives 80/20 rule.
Scaling your Biz
When I started my Airbnb journey in 2020, I never imagined that within a few years, I'd be managing properties in multiple Colombian cities, USA, and Brazil. ​ Here's a recap of some key lessons I learned along the way: ​ Phase 1: ​ I spent my first three years focused entirely on Colombia. ​ Here's why: 1. Deep Market Understanding: I became an expert in Colombian tourism trends, local regulations, and cultural nuances relating to the short-term rental market. ​ 2. Network Building: I developed strong relationships with local service providers, which proved invaluable for scaling. ​ 3. Brand Establishment: My team and I built a strong reputation in Medellín, which opened doors for us to take on new clients. ​ Expanding into more than one market taught me: - Each city, even within the same country, has its unique market dynamics. ​ - Success in one location doesn't guarantee success in another. We had to adapt our strategies for each new city. ​ - Having a strong home base (Medellín) provided the financial stability to experiment in new markets. ​ Phase 2: Expanding into the US ​ After solidifying our presence in Colombia, we focused on working with clients based in the US, providing Cohosting & Property Management services for homeowners. ​ Key takeaways: ​ 1. Our experience in Colombia was both an asset and a challenge. We had to unlearn some practices that didn't apply to the US market. ​ 2. The regulatory landscape in the USA was far more complex. We invested heavily in legal counsel to ensure compliance. ​ 3. Remote management became crucial. We refined our systems to operate effectively across time zones. ​ The ability to adapt allowed us to provide world class service to our clients by maximizing the income they made from their rental properties while also minimizing the stress associated with managing a short-term rental portfolio ​ Key Lessons from Our Journey: ​ 1. Patience Pays Off: Regularly reviewing and improving your systems and processes will give you the greatest edge on your competition.
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What Platforms should I list my Property on?
I get this question very often - how many platforms should I list my property on? There are alot of platforms out there, and theoretically if you received the same amount of traffic from each new channel you added, you would continue to increase your listings traffic and therefore get more bookings However - the reality is that most people are highly inefficient with one channel (like Airbnb) and they simply copy that subpar strategy to multiple platforms and get subpar results Look at how I responded to this host's similar question and tell me your thoughts in the comments below 👇👇
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New comment Sep 12
What Platforms should I list my Property on?
0 likes • Sep 12
Here is the Airbnb link if you want to check it out https://www.airbnb.co.uk/rooms/627528646931029542?adults=2&location=Cardiff%2C%20United%20Kingdom&search_mode=regular_search&check_in=2024-10-08&source_impression_id=p3_1726159669_P3JjKZH4t2AK6pWH&previous_page_section_name=1001&fbclid=IwY2xjawFP-0FleHRuA2FlbQIxMAABHfjkFSROxNE94WJqJzokrL-N3bps37p7FwE_anl0QDjwhYiZK1ugCMUewA_aem_jl0mfKA90QHeDZflU57Gxw&guests=1&check_out=2024-10-11
5-Minute Airbnb Hack to Boost your Bookings
Hey All ​ You know those weeks when inquiries are flooding in faster than you can type? I had one of those recently across my properties. It got me thinking about efficiency and how we can keep our response rates high without sacrificing quality or personal touch. ​ I revisited a feature in Airbnb that I've used on and off: the saved messages function. It's tucked away in the account settings, but it's a gem for maintaining quick, consistent communication. ​ Here's a template I've been refining: ​ "Hi [Guest Name], thanks for your interest in [Property]. You've picked a great location for [trip purpose/season]. Happy to answer any specific questions about the place or area recommendations. Looking forward to potentially hosting you!" ​ ​It's simple, but it hits the key points and leaves room for personalization. I've found it especially useful for those first responses when you're just opening the conversation. ​ After implementing this across my properties, I've seen my response times drop significantly, even during peak inquiry periods. It's a small change, but it's had a real impact on my booking rates. ​ What strategies do you use to keep up with guest communications, especially when things get busy? Always curious to hear how other successful hosts are optimizing their processes. ​ ​ Let's chat in the comments! Michael
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New comment Sep 12
5-Minute Airbnb Hack to Boost your Bookings
1 like • Sep 11
@Jaisa Zapata mendez No not the key selling points you can just manually type those out depending on what you want to highlight on your property
0 likes • Sep 12
@Jaisa Zapata mendez my pleasure!
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Michael Morrison
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82points to level up
@michael-morrison-2927
I help students make $5,000 - $10,000 per month on Airbnb from their laptop without owning any property

Active 43d ago
Joined Jul 6, 2024
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