Setting the right price for your Airbnb listing is crucial for maximizing bookings and revenue. This calculator helps you estimate your potential earnings based on various factors, allowing you to set a competitive and profitable nightly rate. It considers your base rate, additional fees, guest numbers, occupancy goals, and Airbnb's service fees.
How the Calculator Works
The calculator estimates your potential monthly revenue by projecting earnings based on your target occupancy rate and the average booking duration. Here's a breakdown of the logic:
Nightly Revenue per Booking: This is calculated by taking your Base Nightly Rate and adding the Extra Guest Fee if the number of guests exceeds a certain threshold (often implied by the base rate, but explicitly managed here by the Extra Guest Fee). It also includes the Cleaning Fee for each booking.
Revenue per Occupied Night: We'll consider the Base Nightly Rate and any applicable Extra Guest Fee. The Cleaning Fee is a one-time fee per booking, not per night.
Estimated Bookings per Month: This is derived from your Target Occupancy Rate and the total number of nights in a month (approximately 30). For example, an 80% occupancy rate means you aim to have your listing booked for 80% of the month.
Total Revenue (Before Airbnb Fees): The estimated revenue is calculated by multiplying the average nightly revenue by the number of occupied nights per month.
Airbnb Service Fee Deduction: Airbnb charges a service fee to hosts, typically ranging from 3% to 5% for most hosts, but can be higher (up to 20% in some specific cases, like alternative accommodations or if you're part of a connected software partner program). The calculator uses the provided Airbnb Service Fee (%) to deduct from your gross earnings.
Net Potential Earnings: This is your estimated gross revenue minus the Airbnb service fee.
While this calculator provides an estimate, remember that real-world factors like seasonality, local events, competitor pricing, your listing's amenities, reviews, and your responsiveness as a host significantly impact your actual bookings and income.
Key Input Factors Explained:
Base Nightly Rate: The core price you set for a single night, typically for 1-2 guests.
Cleaning Fee: A one-time fee added to each booking to cover cleaning costs.
Extra Guest Fee: The additional amount charged per guest beyond a specified number (e.g., beyond 2 guests). This helps cover increased utility and amenity usage.
Maximum Guests Allowed: The highest number of guests your space can comfortably accommodate.
Number of Guests: The typical number of guests you expect for bookings. This is used to calculate potential extra guest fees.
Target Occupancy Rate: The percentage of nights per month you aim to have your listing booked. A higher rate means more consistent bookings.
Airbnb Service Fee: The percentage Airbnb deducts from your total booking payment. Check your Airbnb account for your specific rate.
Average Booking Duration: The typical length of stays for your guests. This influences how many bookings you need to achieve your occupancy goal.
Tips for Optimal Pricing:
Research Competitors: See what similar listings in your area are charging.
Dynamic Pricing: Adjust your rates based on demand (weekends, holidays, local events).
Offer Discounts: Consider weekly or monthly discounts to attract longer stays.
Monitor Performance: Regularly review your earnings and occupancy to fine-tune your pricing strategy.
function calculateAirbnbPrice() {
var nightlyRate = parseFloat(document.getElementById("nightlyRate").value);
var cleaningFee = parseFloat(document.getElementById("cleaningFee").value);
var extraGuestFee = parseFloat(document.getElementById("extraGuestFee").value);
var maxGuests = parseInt(document.getElementById("maxGuests").value);
var numGuests = parseInt(document.getElementById("numGuests").value);
var occupancyRate = parseFloat(document.getElementById("occupancyRate").value);
var airbnbServiceFee = parseFloat(document.getElementById("airbnbServiceFee").value);
var bookingDuration = parseFloat(document.getElementById("bookingDuration").value);
var errorMessageElement = document.getElementById("errorMessage");
errorMessageElement.textContent = ""; // Clear previous errors
// Input Validation
if (isNaN(nightlyRate) || nightlyRate <= 0 ||
isNaN(cleaningFee) || cleaningFee < 0 || // Cleaning fee can be 0
isNaN(extraGuestFee) || extraGuestFee < 0 || // Extra guest fee can be 0
isNaN(maxGuests) || maxGuests <= 0 ||
isNaN(numGuests) || numGuests maxGuests ||
isNaN(occupancyRate) || occupancyRate 100 ||
isNaN(airbnbServiceFee) || airbnbServiceFee 100 ||
isNaN(bookingDuration) || bookingDuration 2) { // Assuming base rate is for 2 guests, adjust if needed
totalExtraGuestCharge = (numGuests – 2) * extraGuestFee;
}
// Revenue per booking (assuming booking duration)
// This calculation focuses on the earnings per night for revenue projection,
// the booking duration affects how many bookings make up the occupancy.
var effectiveNightlyRate = nightlyRate + totalExtraGuestCharge / bookingDuration; // Distribute extra guest fee over duration, or consider it per booking? For simplicity in monthly projection, we consider it averaged over duration. A more complex model would be revenue per booking.
// Let's refine: Calculate Revenue per booking first, then project monthly based on occupied nights.
var revenuePerBooking = (nightlyRate * bookingDuration) + cleaningFee;
if (numGuests > 2) { // Add extra guest fees for the duration of the stay
revenuePerBooking += totalExtraGuestCharge;
}
// Calculate total potential gross revenue based on occupied nights and average booking duration.
// This is a simplification. A more accurate way would be to calculate bookings needed.
// Let's assume the target occupancy rate applies to nights, and we estimate revenue based on that.
// We'll estimate the average revenue per occupied night.
var averageRevenuePerOccupiedNight = nightlyRate + (totalExtraGuestCharge / bookingDuration); // Average revenue considering guest fees spread over duration
// Gross Revenue Projection
var grossMonthlyRevenue = averageRevenuePerOccupiedNight * occupiedNights;
// Calculate Airbnb Service Fee Amount
var airbnbFeeAmount = grossMonthlyRevenue * (airbnbServiceFee / 100);
// Net Potential Earnings
var netMonthlyEarnings = grossMonthlyRevenue – airbnbFeeAmount;
var resultHtml = "Potential Net Monthly Earnings: $" + netMonthlyEarnings.toFixed(2) +
"(Based on " + occupancyRate + "% occupancy rate)";
document.getElementById("result").innerHTML = resultHtml;
}