Minimum Night Request Methodologies

Good Essays
the actual night rate and not the advertised night rate. If they will really like the accommodation, they won’t mind paying the actual night rate which is slightly more than the advertised rate. This trick is being used by 10% of the Hosts

Request Methodologies

Airbnb stands unique among its competitors and there are various features that analyses customer data through Data Analytics Technologies. There are different room request methodologies in Airbnb and these uniquely collect data on booking patterns and various prediction models are built based on these to obtain optimal pricing strategies.

Minimum Night Stay Requests – As part of this approach, customers can set minimum night requirements which are different for different season. This
…show more content…
With Airbnb having more than 4000 properties in 2,500 cities worldwide, AirDna provides useful insights by analyzing monthly revenues, rate of occupancy and Pricing.

They provide Airbnb Entrepreneurs (People doing business from Airbnb) with the useful analytics information which can help them in improvising their business on Airbnb but also increasing Airbnb Revenue.

AirDna provides City Intelligence Report for every city based on people request. Sample Report for a city looks like the following,

Competition to Airbnb
Airbnb competitors belong from both the Hotels and Rent sharing websites like FlatClub, Wimdu and Roomaram. According to a study from Boston University, it has been observed that an increase in 1% in the listings on the Airbnb website impacts .05% of the quarter revenues of the big hotels. This pace of Airbnb’s growth can become a problem for the Big Hotels in future. Airbnb also has impacts on small hotels due to similar offerings. The hotel industry is continuously campaigning against Airbnb stating that listings declared on Airbnb Websites are illegal because of which the company is facing serious legal problems. This probe is based on laws which prohibit homeowner having more than one property to rent out living space for less than 30

Related Documents

  • Decent Essays

    Easyjet Swot Analysis

    • 1560 Words
    • 7 Pages

    EasyJet Network (detailed data shown in the appendix 2) The business is boasted over 200 aircraft, over 600 routes, operating from over 130 airports, over 30 countries and 23 bases. There are 55 million passengers and oversea the safe arrival of over 1200 daily departures annually through EasyJet. Making travel easy and affordable for their customers is EasyJet's passionate. Customer experience is at the heart of everything EasyJet do, every customer is committed to making the travel experience as easy as it can be. More than 300 million Europeans live within one hour’s drive of an EasyJet airport, the number is more than any other airline.…

    • 1560 Words
    • 7 Pages
    Decent Essays
  • Decent Essays

    As there are more hotels, flights and attractions, local people tend to have jobs. According to World Travel and Tourism (2015) illustrates that travel and tourism has achieved 2,215,500 jobs directly in 2015. This covers employment by hotels, airline, travel agents, also activities of restaurants and transport services that supported by tourists. Moreover, shopping in Thailand is booming. Siam Paragon is the luxury shopping that ranked the sixth most talk in 2015 (“Siam Paragon, 2015).…

    • 880 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    Pros And Cons Of Airbnb

    • 1405 Words
    • 6 Pages

    Attracted by low prices and the promise of a unique experience, more and more travellers choose shared accommodations over traditional hotels. Therefore, it is commonly believed that Airbnb is a threat to the hotel industry because it has cost advantages and offers a unique and local experience, whereas others do not think it is a threat. There are two arguments that support the point of view that Airbnb is not a threat to the hotel industry. The first argument is that most Airbnb properties do not include amenities and services, while hotels do. The second argument is that Airbnb is in the lodging business, whereas hotels are in the hospitality business.…

    • 1405 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    He reiterated since the meeting spaces booked for huge conferences are a large business, the sales department has offered a program called meeting planner points. He describes this program as the more you spend the more points you receive and the better perks the group receives. He provides an example that group who book at the hotel for the conference will receive a discounted rate just for choosing to book with Hilton rather than a third party. Furthermore, he then leads into the Hilton Honors loyalty program. He wasn’t sure the exact percentage the Front Desk was encourages trying and reaching each month.…

    • 786 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    Advantages Of Vacations

    • 1296 Words
    • 6 Pages

    England is known for its taxies, however those black cab rides are not cheap, in fact, they cost more than taxis in the United States (Martin). Public transportation is a cost efficient way of getting around, and definitely worth looking into, when looking to get from the airport to a hotel, hostel, or to a homestay. If one plans to spend more than a few day, they should consider getting a monthly or weekly pass, depending on the duration of their stay. Despite our ignorance, we still managed to save quite a bit of money, but my favorite part was getting to see a lot more of the city, hopping on, and just following the path of the route. The easiest way to save money, is to be cautious of where it’s coming from.…

    • 1296 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    Our airline can stay competitive in the current market by fly to the airports that exclusive by our airline. Although the demand of these airports may not higher than the most popular airports, there is only one airline to fly so I can keep the passenger market share in six percent or above. With the given initial capital of USD 100,000,000, most of the money will be allocated in fuel cost. It is about thirty seven percent of total capital. There is large amount of funds is allocated in advertising.…

    • 1411 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    The local tourism industry can be benefit from the increase in number of tourist. 33 per cent of the hotel and around 17 per cent of the local shop rely on the cruise industry to live. (Travelmail Reporter,2013) The tourism industry in Venice become prosperous because of the cruise industry. The flourish of Venice tourism can provide more jobs opportunities to the local community. Tourism is viewed as a lifeblood of Venice because it offer over 1000 jobs to the local people.…

    • 1672 Words
    • 7 Pages
    Decent Essays
  • Decent Essays

    Marriott hotels have been faced with a lot of tradeoffs dealing with their customers for the last few years. The demand of the hotel rooms is usually high and the booking rates are usually high. The problem with the situation comes when the people who have booked the hotels fail to show up or cancel their reservations before their actual arrivals. This usually means a reduction in the revenues collected by the hotel facility. In order to minimize the effects of revenue reduction in the organization, the manager is faced with the decision of making the profitability index high through increasing the number of loyal customers and making optimal choices on the customers to consider for reservation.…

    • 2086 Words
    • 9 Pages
    Decent Essays
  • Decent Essays

    Introduction Background Tours & Tickets started as a ticket booth on Damrak in Amsterdam about 30 years ago. Currently it has grown as a market leader on the sales of a variety of products such as, excursions, city tours and selling a wide variety of tickets for museums, attractions, canal cruises and sightseeing. On a yearly basis the company sells about 2.5million tickets. Tickets are sold by Tours & Tickets stores, shop-in-shop stores, hotels, resellers and its own website. Because of this the company has been able to grow together with other companies.…

    • 1491 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    Visiting and compiling financial evaluations of dozens of different hotels throughout the region and the country became routine. The process became much more involved and much more cumbersome than All-in and had anticipated, as he would regularly find a promising project, but the financing would not work so they would take a pass. Oftentimes, he found a good project only to be outbid by larger corporations looking for much lower returns on their investments. Looking for the home run and a high rate of return on the investment created a high hurdle. Throughout this process, Japes informed All-in that the best returns on investment are limited service hotels which have less risk, less overhead, less operational expense, and have easier exit strategies.…

    • 1898 Words
    • 8 Pages
    Decent Essays