SNA27
TUG Member
- Joined
- Nov 27, 2019
- Messages
- 815
- Reaction score
- 520
- Points
- 153
- Location
- Rancho Cucamonga CA
- Resorts Owned
- Grand Desert - Flagstaff - Waikiki-Beachwalk+2PICs - Bonnet-Creek - Smoky-Mountains - NO CWA/NO RESALE
As a noni VIP it makes cents (no pun intended) only if the VIP passes along the 50% discount. What would cost me 200,000 points only costs a VIP 100,000. The math is very simple to understand. You just have to be flexible with your plans and be able to find availability within the 60 day discount window.
It's the $6 figure I don't understand. 50% discount, upgrade etc. are clear enough.
In my example:
As a VIP lister on Airbnb, I made ~600/28000 or ~$21/1000. If I could have gotten the 1-Bedroom Deluxe I had listed, I would have made ~600/20250 or ~$30/1000.
From Airbnb renter's perspective, if he had gotten what he was looking for, he would have paid ~$775 ($600 + Airbnb service fee + taxes ) for a unit costing 40500 without 50% discount. Or ~$19/1000.
Since I booked him a 1-bedroom deluxe with balcony for 28000 points, and upgraded him to a 2-bedroom with Balcony costing 63500 points without the 50% discount, you could say he got $775/63500 or $12/1000.
So, even with the most generous math, $6/1000 is too low and arbitrary.
I think it varies from place to place and market demand is a better guide. I set the price by looking at other listings on Airbnb and google maps hotel search!