Search Logistics says there are over five million Airbnb hosts worldwide. The average cost for an Airbnb in North America is $163, nightly. You have plenty of competition and need a way to stand out, especially as a beginner.
There's nothing quite like sticking to the basics. It's a good thing there are various Airbnb management tips for attracting renters.
We have five host success strategies to help improve Airbnb bookings. Read on for handy Airbnb hosting advice.
1. Make a Business Plan
We'll begin our list of vacation rental tips by explaining why a business plan matters. You need to know how to manage your Airbnb and scale for increased business so you're never caught off guard.
A business plan will help you prepare when there are no bookings. You'll know where to allocate time for specific tasks and funds. A business plan will help with cleaning, maintenance, and management tasks.
2. List on Various Sites
Hedging your bets means increasing your chances of walking away with something. That's why we're recommending listings on various sites.
Multiple listings increase how many people see your rental property. If more people see your Airbnb property, there's a bigger chance of getting booked.
3. Write an Attention-Grabbing Listing
Of course, listing on multiple sites isn't good Airbnb hosting advice if the listing doesn't capture people's attention. You should use catch titles and high-quality, professional photos. For example, take pictures of:
- Bars
- Bedrooms
- Kitchens
- Bathrooms
- Pools
- Outside lounge areas
Avoid generic terms and write your listing to sound interesting and highly attractive. A thesaurus may be a great help when crafting your descriptions.
4. Keep up With Property Maintenance
One of the simplest Airbnb management host success strategies is maintaining your property. No one wants to spend over a hundred dollars nightly to stay in an unclean property with leaking plumbing.
Regular inspections and maintenance ensure everything is in working order when guests arrive. You're likelier to receive positive reviews and ratings which will attract more guests.
Keeping up with maintenance allows you to stay in line with local and state safety regulations. It also helps preserve the value of your property.
5. Plan Booking Durations
You may find a few days surrounded by bookings you can't fill due to awkward timing. These gap days are called orphan days which you can mitigate by setting a minimum booking time.
For example, you can stipulate that people must rent for at least three days. Another way to reduce orphan days is by offering reduced weekend rates to encourage people to stay longer.
Making Airbnb Management Easier
We've offered advice for easier Airbnb management, but you don't have to do it alone. PMI Northwoods offers professional property management for your Central Wisconsin investment.
We provide investors and second homeowners rental management services with our state-of-the-art software. We'll help you create a business strategy to increase your profits and aid with inspections and maintenance.
Our team will also manage bookings, check-ins, check-outs, and accounting. Contact us if you're ready to bring out the best in your Wisconsin rental property.
