Tim Hubbard breaks down five ways tariffs will hit Airbnb hosts: pricier furniture and construction, renovation delays, fewer guests spooked by inflation, supply-chain chaos, and higher startup costs. A 25% tariff on Canadian lumber alone could raise U.S. construction costs by 10%.
How do global trade wars affect your nightly price on Airbnb? There are five reasons that tariffs could make your short term rental or Airbnb operation much more challenging. The first one Higher furniture costs. Number two Delayed renovations. Number three Some guest pullback on travel due to inflation. Number four Supply chain breakdowns. Don't forget what happened during COVID in terms of toilet paper. Yep, that was hard to come by. And lastly, rising setup costs to get a short term rental started. And most hosts have no idea that this is coming. Canada supplies more than 80% of all the lumber used in the United States for construction. Now a 25% tariff can raise our construction costs, those of us in the US as much as 10%. In our latest episode, we break down the real impact that tariffs are having on our short term rentals and what savvy operators are doing about it.
Airbnb profit insights to get your business ready for sale! #podcast #realestate
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