Airbnb's Instant Book feature allows guests to instantly book a property without requiring the host's approval, providing several benefits but also posing certain challenges for hosts.
In our latest blog, we discuss and analyse the advantages and disadvantages of using Instant Book for Airbnb hosts looking to expand their listing’s reach and boost their bookings.
What Are the Benefits of Airbnb Instant Book?
Increased Earnings: Modern-day travellers appreciate the convenience provided by instant booking, resulting in a potential doubling of reservations for hosts.
Search Boost: Instant Book listings receive higher visibility in Airbnb search results, enhancing the property's exposure to potential guests.
Exclusive Control: Hosts can set specific requirements, such as government-issued ID verification or positive recommendations from other hosts, to ensure compatibility with their property rules.
Peace of Mind: Hosts retain the authority to cancel penalty-free if guests violate their rules before or during the trip.
More Top Features of Airbnb Instant Book
You Set the Rules: Hosts can establish specific guidelines, such as no smoking or quiet hours after 10 pm, and expect guests to comply with these regulations.
Connect with Guests: Guests are obligated to provide information about their trip and the number of people, allowing hosts to maintain some level of communication before their arrival.
Cancellation Option: In cases where guests do not meet the host's requirements, hosts have the option to cancel penalty-free, ensuring a degree of control over their reservations.
What Are the Drawbacks of Using Airbnb Instant Book?
Limited Control Over Guest Selection: Instant Book reduces the hosts' control over who stays at their property, potentially leading to mismatches between guests and the property's environment.
Difficulty Accommodating Information from Guests: Instant booking makes it challenging for hosts to gather essential information about guests, impacting their ability to make informed decisions about reservations.
Risk of Overbooking: There is a potential risk of overbooking when multiple guests book the same property simultaneously, leading to dissatisfaction among guests and negative reviews.
Limited Ability to Set Prices Dynamically: Hosts allowing instant booking are unable to adjust prices dynamically based on demand and availability, potentially resulting in missed revenue opportunities.
When Is Using Airbnb Instant Book a Good Idea?
The decision to enable or disable Instant Book on Airbnb significantly impacts the hosting experience and listing success, and hosts must carefully evaluate the pros and cons.
Instant Book offers increased bookings, convenience for guests, and streamlined communication, but it also entails reduced control over guest selection and the potential for last-minute cancellations. Ultimately, hosts should consider their property type, individual circumstances, and hosting style before making this critical decision.
If you are looking for ways to make your experience of Airbnb management in London easier and more profitable for your hosting business, StayinLondon offer tailored short-let property management services. Contact us for a no-obligation consultation, or find out how much your London should be earning you!