Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

117
Posts
84
Votes
Andrew Glisson
  • Property Manager
  • Memphis
84
Votes |
117
Posts

Most Memphis Airbnb hosts accept every booking. That is the problem.

Andrew Glisson
  • Property Manager
  • Memphis
Posted
๐Œ๐จ๐ฌ๐ญ ๐Œ๐ž๐ฆ๐ฉ๐ก๐ข๐ฌ ๐€๐ข๐ซ๐›๐ง๐› ๐ก๐จ๐ฌ๐ญ๐ฌ ๐š๐œ๐œ๐ž๐ฉ๐ญ ๐ž๐ฏ๐ž๐ซ๐ฒ ๐›๐จ๐จ๐ค๐ข๐ง๐ . ๐“๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฉ๐ซ๐จ๐›๐ฅ๐ž๐ฆ. I manage STRs in Memphis and we reject 25% of all booking requests. Over 4,000 denied per year across our portfolio. That number keeps climbing, and our results keep improving because of it, not despite it. Here is the math I wish someone had shown me earlier in my operating career. A bad guest does not just cost you the direct damage. Say it is $500 in broken furniture or stained linens. That is the small part. The real cost is the listing going offline for days while repairs happen. Every day offline is lost revenue. Then there is the review. One detailed one-star review from a neighbor complaint or a guest who got caught breaking rules can push your listing down dozens of positions in Memphis search results. Airbnb's algorithm weighs recent reviews heavily. When you add up the lost nights, the repair costs, the claims processing time, and the ranking damage, a single bad booking can run $3,000 to $10,000 in total economic impact. I started tracking this closely about two years ago and the pattern is clear. The bookings we reject share common traits: same-day local bookings (highest risk category in Memphis), group sizes that do not match the property, vague or non-responsive communication during the inquiry phase, and no review history from previous stays. Memphis is not a vacation market. It is transit, work, and family. Most of our guests are visiting St. Jude, working FedEx rotations, attending university events, or relocating. That guest profile skews responsible. The 25% we reject are the ones that break the pattern. The counterargument I hear constantly is "you are leaving money on the table." I would argue the opposite. Our five-star review rate is 87.1% across 4,000+ reviews. That review velocity compounds into better search ranking, which generates more booking requests, which lets us be even more selective. It is a flywheel, not a trade-off. The operators I see struggling in Memphis right now are the ones who accept everything and then spend their time managing damage claims instead of managing guest experience. ๐™’๐™๐™–๐™ฉ ๐™™๐™ค๐™š๐™จ ๐™ฎ๐™ค๐™ช๐™ง ๐™จ๐™˜๐™ง๐™š๐™š๐™ฃ๐™ž๐™ฃ๐™œ ๐™ฅ๐™ง๐™ค๐™˜๐™š๐™จ๐™จ ๐™ก๐™ค๐™ค๐™  ๐™ก๐™ž๐™ ๐™š? ๐˜ผ๐™ฃ๐™™ ๐™ž๐™› ๐™ฎ๐™ค๐™ช ๐™–๐™ง๐™š ๐™ง๐™š๐™Ÿ๐™š๐™˜๐™ฉ๐™ž๐™ฃ๐™œ ๐™—๐™ค๐™ค๐™ ๐™ž๐™ฃ๐™œ๐™จ, ๐™ฌ๐™๐™–๐™ฉ ๐™ž๐™จ ๐™ฎ๐™ค๐™ช๐™ง ๐™ง๐™š๐™Ÿ๐™š๐™˜๐™ฉ๐™ž๐™ค๐™ฃ ๐™ง๐™–๐™ฉ๐™š ๐™ง๐™ช๐™ฃ๐™ฃ๐™ž๐™ฃ๐™œ? ๐˜พ๐™ช๐™ง๐™ž๐™ค๐™ช๐™จ ๐™ฌ๐™๐™š๐™ฉ๐™๐™š๐™ง ๐™ค๐™ฉ๐™๐™š๐™ง ๐™ˆ๐™š๐™ข๐™ฅ๐™๐™ž๐™จ ๐™ค๐™ฅ๐™š๐™ง๐™–๐™ฉ๐™ค๐™ง๐™จ ๐™–๐™ง๐™š ๐™จ๐™š๐™š๐™ž๐™ฃ๐™œ ๐™จ๐™ž๐™ข๐™ž๐™ก๐™–๐™ง ๐™ฅ๐™–๐™ฉ๐™ฉ๐™š๐™ง๐™ฃ๐™จ.
business profile image
LPS Short and Long Term Property Management