09/03/2026
Planning to invest in a condo unit for airbnb? However, you do not have an idea how to set rates for your airbnb. Others set based on feeling, aesthetic, and location but failed to consider right pricing and competitor scanning. That is why some may succeed while some may ended up losing instead of gaining. Right pricing and competitor scanning makes you stand out!
Here are some tips you can do inorder to avoid long time vacancy.
1. Check competitor pricing
Search for listings near your condo with the same features:
• Same location (ex. Mactan / Cebu City)
• Same unit type (studio, 1BR)
• Same amenities (pool, WiFi, kitchen)
Example:
If nearby studio units are priced:
• ₱1,800
• ₱2,200
• ₱2,400
You can price ₱2,100–₱2,300 to stay competitive.
2. Use Weekday vs. Weekend Pricing
Demand changes during the week.
Example pricing:
• Monday–Thursday: ₱1,900
• Friday–Saturday: ₱2,300–₱2,500
• Sunday: ₱2,100
Weekends usually get more tourist bookings.
3. Increase Price During Peak Season
Raise your rates when demand is high:
• Holidays
• Festivals
• Summer season
• Long weekends
Example:
• Regular rate: ₱2,000
• Holiday rate: ₱2,800–₱3,200
4. Offer a “New Listing” Price
When starting out, price 10–20% cheaper to get your first reviews.
Example:
• Market rate: ₱2,200
• Your starting rate: ₱1,800
After 5–10 reviews, increase the price.
5. Target the Sweet Spot (High Occupancy)
A good Airbnb strategy is not the highest price.
Lower price but more bookings = higher income.
Its not too late to update. Send me a message to know more.
