Travel can be exciting, but it can also be very expensive. After all, a simple hotel room in a major city can often cost several hundred dollars for one night.
Fortunately, Airbnb provides travelers with more lodging options than you had in the past. It also gives homeowners the chance to make money with Airbnb by renting out spare bedrooms.
This article takes a look at how to make money with Airbnb.
In recent years, Airbnb has become a great side hustle for some people, and a full-time gig for others. In fact, it’s created an entirely new industry for entrepreneurs who’ve always dreamed of running their own business.
Keep reading to discover insight into becoming an Airbnb host so that you can cash in on the extra space in your home.
Create a Quality Listing
First of all, you won’t make money as an Airbnb host if people aren’t attracted to your listing.
The first step in creating a great listing is to take quality photos of your space. Take the time to study other listings. Pay attention to camera angles and lighting.
Keep in mind that people judge a space by the photos more than anything else, and this is such an easy detail to optimize for little or no cost.
Fill your listing with every detail possible, including all amenities that will be provided or at least available. This provides potential visitors with everything they need to know to decide whether or not to book a stay at your home.
Here is a resource where you can find advice regarding guests who want to visit the Airbnb before booking a stay.
Keep the Nightly Price Attractive
Price is a big deal on Airbnb. After all, most people are traveling on a limited budget and need to make the most of every dollar that they spend on lodging.
That’s part of the beauty of Airbnb. Suddenly it’s possible to get much more value for your travel dollar than ever before.
The key to deciding what price to charge for a stay is comparing your room to similar rooms for rent on Airbnb in your area. You need to be competitive and yet make as much profit as possible. This can be tricky because people will generally opt for the best deal.
This is where a gorgeous listing can make all the difference because guests might be willing to spend a little more if they are getting greater value for their money.
Upgrade Your Furnishings
Take an honest look at the room that you intend to rent. What to the furnishing look like? Do they make the space appear outdated or tacky?
This would be the ideal time to update items such as the bed, chairs, or a desk where a visit could get some work done during their stay.
Keep in mind that you don’t have to go crazy and spend a fortune on new furnishings. It’s simply important to keep the space looking fresh and contemporary so that guests will feel that they are getting a great room at a bargain price rather than simply staying in someone’s spare bedroom.
Make the Room Look Amazing
Once you’ve created a quality listing and upgraded the furnishing, it’s time to invest time and sweat equity into transforming the spare bedroom into a space where people will love to stay.
Again, take the time to check out other rooms on Airbnb for examples of what other hosts are offering.
If you aren’t naturally blessed with an eye for interior decorating, do some research online for keen ideas for how to bring out the best in your space. Talk to friends for ideas, or talk to a decorating expert in your area for advice on how to make the space as appealing for guests as possible.
Be a Prompt Communicator
When people have questions, always respond promptly and politely. A little courtesy goes a long way. And keep in mind that if you don’t respond quickly to a simple question, they will be happy to take their money elsewhere.
This is true both prior to booking and during their stay. If a guest needs something, always go out of your way to keep them happy so they’ll leave a positive review.
Install a Lockbox for Keys
Installing a lockbox is the safest and easiest way to deal with keys. A lockbox typically features a combination touchpad that provides easy access to keys, which makes both check-in and check-out a breeze for both host and guest.
Hire a Professional Cleaning Service
Clean bedrooms lead to happy guests. So unless you possess superb cleaning skills, investing in a professional cleaning service is a small price to pay to ensure that your guest bedrooms always look perfect upon arrival.
First Impressions Are Everything
You never get a second chance for a first impression, right? This especially important when you become an Airbnb host. Your guests will typically arrive tired from a day of travel and are ready to relax. So make sure that your space looks perfect so that the room provides the best first impression possible.
Personalize the Experience
Never forget that even the smallest details matter. Items such as shampoo, body wash, a hairdryer, and snacks will help your guest feel at home. Personalize the experience as much as possible so that guests feel welcome during their stay.
Tips for How to Make Money With Airbnb
There has never been a better time to discover a side hustle where you can make extra cash. These tips will help you understand how to make money with Airbnb, providing you with the chance to earn extra cash while meeting new people.
Keep scrolling to see more great tips and advice for better living.
