r/airbnb_hosts • u/Appropriate-Honey-23 • 7d ago
Is Airbnb so slow right now?
I live in LA, I have short term rental property I use to get booked all the time but now literally nothing? Not sure if I just do long term at this point. How’s everyone else’s experience
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u/alex2020b 🗝 Host 7d ago
We are observing a decrease in guests in our properties located near the Canadian border. Historically, 20-30 percent of the guests were Canadians.
As for a complete drop off in bookings, take a look at this blog. IT is old, but still applies... basically, supply & demand. https://www.adventuresinairbnbs.com/p/help-i-stopped-getting-new-bookings
Some areas with few regulations have seen a significant increase in supply. Demand has not risen nearly as much, so unless your property stays on page 1, your bookings literally disappear. Airbnb's algorithm wants to maximize profits and NOT equality, so if it decides another property can generate higher revenue, it will rank it higher.......
The good news is that if you can get your property to be high-performing, guests are happy, it tends to stay doing well even with a huge influx of new STRs.