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306. Airbnb Discount Requests: How Hosts Should Handle Them

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Manage episode 508102147 series 3559400
Content provided by Tim Hubbard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tim Hubbard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Discount requests from guests are inevitable, even when your pricing is perfectly optimized. But how you handle them can make or break your rental’s profitability. In this episode, we’re diving into the psychology behind discount requests, how to respond with confidence, and when—if ever—you should say yes.

5 Key Takeaways:

  • Why guests really ask for discounts and how cultural norms may influence their behavior.
  • The one scenario where offering a discount might make sense (and when it doesn’t).
  • 5 crucial considerations before you ever offer a discounted rate—including a warning on guest quality.
  • Alternatives to discounts that can still delight guests (without slashing your profits).
  • How to professionally respond to discount requests using pre-set rules, empathy, and AI tools like ChatGPT.

Discounts don’t have to be the norm—and they shouldn’t be. With a clear strategy, professional responses, and a little confidence, you can keep your pricing intact while still giving guests a great experience. Don’t forget to subscribe and share if this helped clarify your approach!

Resource Links:

Download the Growth Handbook: https://strriches.com/growth-blueprint/ Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

  continue reading

307 episodes

Artwork
iconShare
 
Manage episode 508102147 series 3559400
Content provided by Tim Hubbard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tim Hubbard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Discount requests from guests are inevitable, even when your pricing is perfectly optimized. But how you handle them can make or break your rental’s profitability. In this episode, we’re diving into the psychology behind discount requests, how to respond with confidence, and when—if ever—you should say yes.

5 Key Takeaways:

  • Why guests really ask for discounts and how cultural norms may influence their behavior.
  • The one scenario where offering a discount might make sense (and when it doesn’t).
  • 5 crucial considerations before you ever offer a discounted rate—including a warning on guest quality.
  • Alternatives to discounts that can still delight guests (without slashing your profits).
  • How to professionally respond to discount requests using pre-set rules, empathy, and AI tools like ChatGPT.

Discounts don’t have to be the norm—and they shouldn’t be. With a clear strategy, professional responses, and a little confidence, you can keep your pricing intact while still giving guests a great experience. Don’t forget to subscribe and share if this helped clarify your approach!

Resource Links:

Download the Growth Handbook: https://strriches.com/growth-blueprint/ Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

  continue reading

307 episodes

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