The Coronavirus has people scared. Though the perceived risk is much higher than the actual threat of contracting COVID-19, many would-be Airbnb guests are cancelling their travel plans. What does that mean for us as STR rental hosts? And what can we do to keep our businesses going in this difficult time?
Today, I’m addressing the Coronavirus and its impact on STR hosts, discussing the markets most affected by the outbreak as well as the details of Airbnb’s extenuating circumstances policy—and how some guests are getting full refunds even if they don’t qualify.
I go on to offer my best advice for hosts who are afraid of exposure and explain why I don’t recommend making any big investments or taking on an expensive lease in the current economic climate. Listen in for insight on how long we might be dealing with Coronavirus and learn what you can do to get more bookings (and maintain your visibility in search results) during this challenging time.
The markets most impacted by the Coronavirus
Airbnb’s extenuating circumstances policy
Giving refunds outside the extenuating circumstances policy
My advice for hosts afraid of exposure
How to get more bookings during this difficult time
Why there may be light at the end of the tunnel
What STR hosts can do to survive this challenging time
Why I’m risk averse in the current economic climate
Airbnb’s Extenuating Circumstances Policy
Airbnb Profit Club on Facebook
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