How to Deal with a Decrease in Demand

Alex and Pooh respond to a question about a drop in bookings for their serviced accommodation, caused by increased competition and decreased demand. They give advice and actionable tips on what to do if you find yourself in this situation including why being consistently proactive is essential.  https://airbnbconsultant.co/  KEY TAKEAWAYS To be competitive in the Airbnb space you have to be proactive, you can’t just expect bookings to come in. Too many serviced accommodation courses aren’t giving hosts the tools and education they need to market effectively. Make sure you are listed on OTAs but also look at other ways to be listed too, such as being listed with relocation companies. Go through your existing client list and simply call them. Do your research to learn more about your existing client base, this can be in the form of simply asking those who stay with you why they are travelling/staying in your accommodation. BEST MOMENTS   "No longer can you just take on a unit, put it on Airbnb sit back and wait for the bookings to roll in” “Any kind of portal that can get your visibility up to the market” “It’s quite sad how much basic stuff isn’t getting done when people are in the serviced accommodation space” HOST BIO Alex & Pooh have built a portfolio of over 16 Serviced Accommodation Units and 10 Buy-To-Lets collectively over the last 5 years.  This AirBnB Business has allowed each of them to create their own tailor made ‘lifestyle by design’. Pooh chose to escape the corporate life as an electrical engineer instead to spend his time at home with his young and growing family, and Alex likes to spend most of his time in sunny Spain enjoying his love for road cycling or even hiking in the Tramuntana mountain ranges. CONTACT US Facebook - https://www.facebook.com/alex.mannock/  Instagram - https://www.instagram.com/airbnbconsultant_?igsh=cmwxMGx4Nmt4d2oy&utm_source=qr TikTok - https://www.tiktok.com/@theairbnbnomadspodcast   YouTube - https://www.youtube.com/@Lifebeyondbroke/