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Recent studies have found that the average Airbnb makes over $920 a month – and most hosts consider an Airbnb listing as a good source of income.
Thanks to the gig economy, you can also improve your income, make the most of an apartment you have had for a while, or make extra money out of an empty room in your home. However, the competition on Airbnb is fiercer than ever, and it is important to understand what strategies can improve your booking rate.
If you know that your listing is highly requested, but you know that you are not exploiting the location’s full potential, you might consider investing in your property. Here are 5 tips to improve your listing on a budget.
Be a Point of Reference
Today’s travelers, especially the youngest ones, are looking for authentic experiences. Opting for Airbnb stays instead of hotel ones is already a way for them to get closer to the local culture. However, they also want to have real, authentic interactions with the host. So, it is vital to offer local services and become the point of reference for your guests.
From the moment they book, make sure you are welcoming them with a check-in email, and continue to be there for them even after the check-out. Every interaction is a great chance to make their stay memorable!
Understand What Amenities Your Clients Need
Each Airbnb has a unique clientele. In fact, many might use Airbnb accommodation options for work trips, while others prefer them for their holidays. Understanding your target audience is key to offering them the amenities they need.
Once you have this clear, you can boost the price of your room and provide a more complete service to each of your guests. Among the must-have amenities, don’t forget high-speed wifi, which is necessary for all of your guests!
Invest in a Professional Photoshoot
Over time, you might have increased the value of your property through renovations and looked after the surroundings of the building. Now, it is time to show off the results of your efforts. And, after you have invested so much time and money in creating a welcoming and comfortable accommodation for your guests, make sure you don’t skimp on a professional photographer!
The quality of the listings’ images can tell a lot about the property. Of course, they can make a place more or less appealing – but a professional photoshoot also tells potential clients that you care about your place!
Sometimes It Is All About the Location
A listing’s location is always important, but not all buildings are near an attraction. In this case, it is up to you to find ways for your guests to reach amenities, facilities, and tourist attractions. Or, you can just turn your Airbnb into a beautiful destination itself!
Pay Attention to the Details
Details matter, and making sure that you are using a stylish design, exclusive furniture pieces, and premium materials can make a difference in how appealing your place is for guests – and how much they are happy to pay for the services offered. Don’t forget that the quality of sleep always counts – and investing in premium hotel bedding always pays off!
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