Airbnb what you can actively do to increase revenue

Airbnb NYC

• Their are a great amount of options available but what leads to a listings that generate the better revenue?

• Is it space, bedrooms, neighborhoods, bathrooms, pricing?

Bedrooms

Bathrooms

Accommodates Number of Guests

Similar listings, does neighborhood matter?

Mapping Revenue (All listings)

What about pricing?

How about Occupancy (How often a listing is booked)?

• Manhattan and Manhattan adjacent neighborhood enjoy above 65% occupancy levels.

Does host attentiveness matter?

Bringing it together

• Revenue increases as occupancy increases.

• Prices decrease as occupancy increases.

Revenue Price Trend for different occupancy levels.

Lets look at a our filtered data 2 br,2 ba, 6 guest

Summary to increasing revenue

• Higher Bedrooms increase revenue.

• Accommodate more guest.

• Respond to inquiries quickly.

• Prioritize staying booked even if it means lowering price .

• When other things are equal: location increases reveune significantly.

• Price increases revenue for host whom are attentive; respond quickly for others, not so much.