Air Bnb & Others: Increasing Your Revenue
If you've made the decision to use your home as a hotel for others on Air Bnb or a similar service, then the chances are you're always looking for ways you can improve the service you're offering, but also looking for ways to get more from it. These sorts of websites can be very competitive, and with prospective customers contacting more than one host before making a decision, upping your game can make all the difference between getting a booking, and being left behind.
If you’ve made the decision to use your home as a hotel for others on Air Bnb or a similar service, then the chances are you’re always looking for ways you can improve the service you’re offering, but also looking for ways to get more from it. These sorts of websites can be very competitive, and with prospective customers contacting more than one host before making a decision, upping your game can make all the difference between getting a booking, and being left behind.
With that being said, if you’re looking for advice on increasing your revenue from Air Bnb and others, you’re in the right place!
How to increase revenue and make more of an impact
Because Air Bnb and similar services have a very competitive market, most of the work needed to increase your revenue comes down to making an impact on customers. Fortunately, there are a few ways you can do this, leading to you seeing an increase in your revenue with minimal effort on your part.
Take Great Photos
The human eye naturally gravitates towards things that are attractive, and we’ll almost always pay more attention to a picture than we will to a block of text. With that being said, ensure the photos that you’re uploading to your listings are high quality pictures that show your space in the best light… which leads on to our next point.
Ensure the space you’re offering is a good one
Although many people make use of Air Bnb as an alternative to hotels because it’s less expensive, that doesn’t mean you can shove your guests into a broom cupboard and call it a day. Make sure the rooms you’re offering to guests are clean, well furnished and neutrally decorated. This sort of room will generate more interest, particularly if your pictures are great!
Don’t skimp on the detail
Although pictures are important, they’re not going to have every detail that your potential guests will be looking for when it comes to making a booking. Yes, be sure to post fantastic pictures, but make sure your listing detail is extensive. Tell them everything they could ever want to know, and then add on some extra detail just to be on the safe side. Some ideas for the details you can include are:
- your rates for the night, whether you offer discounts for multiple nights
- whether you offer a breakfast deal
- the size of the rooms
- whether you allow children and pets to stay
- the type of person you are
The rate of your response is detailed on your Air Bnb page; your potential customers can see this and if they see that you don’t reply quickly, or sometimes don’t reply at all, they’ll be put off contacting you in the first place.
On the other hand, if potential customers are seeing that you’re on the ball, have a 100% response rate and get it done quickly, they’ll be more inclined to not only contact you, but also to book with you.
Real estate, redefined
If you’re looking to move from one property to another (perhaps to accommodate an Air Bnb hotel?) then we at Domobase can help you. We connect you with the finest Real Estate Agents and Landlords in your area, and we do the work so you don’t have to! Simply download our app and fill in your details, or link your social network profile. After that, we’ll have someone get in touch with you to get the ball rolling.