What is the true value of being an Airbnb Superhost?
Airbnb’s Superhost program has a bigger impact than many think. On the surface level the only difference is the Superhost badge, but it goes much deeper than that!
Let’s first chat about the requirements to be an Airbnb Superhost.
Airbnb Superhost Requirements
Airbnb says your account (not just listing) needs to meet the following requirements:
- 4.8+ overall rating from at least 50% of your guests over the last year
- 10+ stays in the past year or 100 nights over at least 3 stays
- 0 host cancellations, and
- A 90% response rate or better
What does “not just listing mean”?
This is where things get interesting. If you have multiple Airbnb listings and one has an average review rating over 4.8 and the other has one less than 4.8 Airbnb will take the average of both to determine whether you qualify.
Similarly, if you have 1 cancellation on one listing but none on the other this would disqualify both listings from Airbnb’s Superhost status.
The Value of Airbnb Superhost Status
Airbnb says Superhost’s earn up to 22% more than hosts without the status but the dollar value is what we are interested in.
Let’s use a listing we have as an example, the listing earns on average $4000 a month. A 22% increase would be an extra $880 a month which would translate to over $10,500 in extra income every year.
That isn’t the only thing either!
Your listing will show up higher in search results, will also be featured in emails and promotions increasing the reach of your listing. As Airbnb grows your reach grows too. We can’t estimate a value for that!
Finally, you also get an extra 20% on every host referral plus at the end of each year you will receive a $100 Airbnb coupon!
Our conservative estimate is somewhere in the neighbourhood of an extra $11,000-$12,000 in bookings every year.
What could you do with an extra $12,000 in bookings every year?
Find out more at: https://www.airbnb.ca/superhost
Learn how to impress your guests with our 5 Tips & Tricks.
To ease the burden of managing your Airbnb property we are here to help. We are always happy to hop on a call to chat and love meeting new hosts. Check out our website @ https://airranged.ca or learn how to refer a friend.