The speaker is discussing how to price an Airbnb property for different numbers of guests. He mentions that it can be tricky as guests sometimes forget to inform the host about the exact number of people coming. He suggests setting up house rules that require each guest to register, similar to a hotel. He also mentions the importance of having each guest's information for insurance purposes. He discusses the possibility of having a flat rate or a rate for one person with an extra person rate. He advises the host to ensure that guests have their government ID verified. He also mentions Airbnb's Smart Pricing feature, which uses an algorithm to set prices based on demand.