5 bedroom property Airbnb

[Jozlyn Parker]

HII, 

I have a 5 bedroom property (a house) , when listing it on Airbnb that property can be taken up by a whole family or seperate individuals can rent it out per room etc . I just wanted to figure out how do you go about charges there . Do you base per room or per guest . So I’m able to figure out my potential profit for a month and so on. Just trying to figure out is it based on average night of how many rooms In a house or  can you seperate the costs of a place per unit. I’m a bit confused as to how to go about it . Would really like your guys input on this. 

Because this and many other areas in most places, mainly rent 2/3bedroom places have a higher occupancy rate.  And rarely do they rent a whole place unless travelling in big groups or families, mostly during summer seasons.  So what’s a good way to optimise my earning in this situation ?

I would really like your guys thoughts on this . 

Thanks and much appreciate!!!

[Andrew Steffens]

Quote from @Jozlyn Parker:

HII, 

I have a 5 bedroom property (a house) , when listing it on Airbnb that property can be taken up by a whole family or seperate individuals can rent it out per room etc . I just wanted to figure out how do you go about charges there . Do you base per room or per guest . So I’m able to figure out my potential profit for a month and so on. Just trying to figure out is it based on average night of how many rooms In a house or  can you seperate the costs of a place per unit. I’m a bit confused as to how to go about it . Would really like your guys input on this. 

Because this and many other areas in most places, mainly rent 2/3bedroom places have a higher occupancy rate.  And rarely do they rent a whole place unless travelling in big groups or families, mostly during summer seasons.  So what’s a good way to optimise my earning in this situation ?

I would really like your guys thoughts on this . 

Thanks and much appreciate!!!

 You are correct smaller houses have a higher occupancy rate, but also a lower base rate.  I am not sure your market but here in FL a 3/2 may have an average daily rate of $200 and have 80% occupancy and that would be about $4800 per month gross.  A 5 bedroom may get $800 per night and 60% occupancy, about $14,000 per month gross.  Of course there are other factors, but in general bigger houses get more per night with less overall occupancy but it is an overall better yield.  It is supply and demand, there are more smaller groups traveling but also more smaller houses on the supply side.  Large houses are low in supply and there are more people available to split the cost.