Selling an STR asset // Best path forward with existing booking (Airbnb/Vrbo)

[Frank Barletta]

If these questions are welcome, it would be great to learn from my peers.

I'm selling an asset, and it has bookings confirmed until the end of the year. Since I've built a strong reputation:

How does Airbnb / Vrbo handle this?

Would you transfer the bookings to the buyer to prevent disruption to the vacation plans of guests? (Already considered selling the revenue)

Would you reach out to the guests and let them know and give them options?

Talk to me.

[Leslie Anne Morris]

It is tricky and I’ve heard of sellers handling bookings after closing and then sending money to the new buyers. But I wouldn’t go this route. There is liability involved. You could negotiate a lease back and have an associated cost. Or simply cancel the bookings. Beware Airbnb trying to charge you $1k per booking.