Airbnb is big business nowadays. It all started with a couple of guys in the US renting out 3 blow up mattresses in their flat to help pay their rent.
You may have considered renting out one of your spare rooms to strangers but do you mind sharing your home with people you’ve never met? The ideal option is to use your garden instead.
If you have some outside space, why not install a smart timber ‘shed’ or a beautiful Scandinavian-style log cabin to rent out. These buildings are sympathetic to the environment and don’t need to cost much. They are quick to install enabling your business to be up and running within a few weeks. If you want them to be appealing for all-round use, a wood-burning stove will be a good selling point.
Building an investment
The building will be an investment and won’t take long to pay for itself as the guests start rolling in. It will add value and market appeal to your property as it could serve as an office or granny annex as well as a revenue stream.
Things to consider
Many guests are happy to pay a premium for self-contained accommodation as most people like having their own space. Staying in someone else’s home can feel awkward and restrictive.
If you don’t have space for a kitchen, you could offer ‘breakfast in a bag’. A fresh croissant, piece of fruit and a juice with maybe a cereal bar would be a nice touch.
Who to target
Business travelers are a good market to focus on. Wi-Fi is essential if you want to attract corporate guests, ideally free of charge. They also require a workstation, chargers for laptops and phones and a smartphone docking station.
Regular travelers appreciate a comfortable bed and peace and quiet so they can relax and wake up fresh for the next day.
Room with a view
Nice views are another consideration. If you site a building in your garden, consider what the outlook is. Unless you have natural views to enjoy, a pretty flower bed or some flowering tubs lift the spirits. Bird feeders are another popular addition to help relax your guests.
It is best to keep the inside of the building simple and easy to clean. A few personal touches such as fresh flowers and maybe some tasty biscuits are always appreciated.
If you would like any ideas for creating your own Airbnb ‘shed’ or cabin, contact our friendly team at NFF Ltd…..
Airbnb is a fast-growing industry, ticking boxes for both the traveler and the host. It is reported that 88% of Airbnb’s reservations are for groups of 2-4 people and 60% for the entire home/apartment.
If you are starting out as an Airbnb host, you need to consider whether this a casual arrangement for earning a bit of extra money or whether you are looking to ultimately make it your main source of income. You can start off in a small way and look to build on your success as your reputation as a good host grows.