Summary of My Airbnb Lost Money... Here's The Truth About Being an Airbnb Host

00:00:00 - 00:10:00

The author details how their Airbnb business lost money in the summer due to high electricity and gas bills. They suggest ways to increase bookings and cover costs, such as lowering prices and increasing airline prices.

• 00:00:00 The host details how their Airbnb business lost money in the summer, and points out that it was typically about the same every month. They discuss how high their electricity bill was during the summer, and how they were not able to make any money from the guest's stay.
• 00:05:00 The host's Airbnb lost money in the summer, due to high electricity and gas bills. The host calculated their expenses and found that they were down by almost nine thousand dollars. They had to dip into their own money to cover the costs, which was something they did not expect.
• 00:10:00 The author discusses how they lost money as an Airbnb host in Palm Springs this summer due to low bookings. They suggest ways to increase bookings and cover costs, such as lowering prices and increasing airline prices. The author also recommends subscribing to their newsletter to stay updated on Airbnb trends.