Description
Book SynopsisGET PAID FOR YOUR PADAn ever-growing number of travelers are searching for more convenient and low-cost accommodation alternatives, as opposed to staying at traditional hotels. As a result, online-based services like Airbnb, FlipKey, HomeAway, Roomorama, and VRBO are making it easy for you to list extra bedrooms or your entire home, condo, or apartment, as a short-term rental option for travelers.
Start Your Own Travel Hosting Business will help you make intelligent renting decisions, take appropriate actions and precautions, and deal with realistic expectations while protecting yourself, your property, and your personal belongings. It will help you quickly acquire the core knowledge you need to become a successful travel host and teach you how to:
Prepare your property, maximize amenities, and create a house manual for your guests
Create a listing that generates the highest possible revenue using tips from Superhosts
Attract a constant flow of short-term renters and business travelers with the perfect nightly rate
Apply a variety of tools and resources that will make handling your responsibilities as a travel host easier and less time consuming
Interact with your guests, earn the best possible ratings and reviews, and avoid the most common pitfalls and mistakes made by first-time hosts
Calculate your expenses, understand your tax obligations, and generate the highest possible revenue
You’ll also gain valuable insight from in-depth and exclusive interviews with veteran Airbnb hosts and executives within the travel hosting industry. Whether you choose to rent through Airbnb, HomeSuite, Kid & Coe, or take your rentals to sea via Yachtico, this book will help you get started.
Table of ContentsChapter 1 Airbnb Has Changed the Way People Travel
What is Airbnb and other businesses like it?
How the service works.
What is a travel host, and how can someone generate an income from it?
What you need to get started.
Consider the safety and comfort of your family, pets, and property.
Overcome the biggest misconceptions travelers and potential hosts have about Airbnb and other hosting businesses.
Benefits of becoming a travel host.
Chapter 2 Get Started as a Host
Deciding what you’ll offer.
Creating an account and listing.
Tips for composing an attention getting listing.
How to attract the type of guests you want to interact with, and who share a similar lifestyle.
Strategies for adding photography to your listing.
Top 10 amenities you should offer that will allow you to increase your nightly rate.
Promoting your listing and differentiating yourself from other hosts.
Taxes and legal considerations relating to becoming a host.
Insurance and security considerations.
Expert tips for composing and publishing a property listing, as well as insurance and security tips will be provided.
Chapter 3 Preparing Your Property
Decorating and furnishing your property.
Creating a clean and comfortable living space.
Setting limits as to what areas guests can use.
Selecting the best selection of amenities to offer.
Cleaning and preparing for guests.
Choosing key entry door locks versus digital door locks with programmable codes. Other home security technologies worth investing in.
Setting your nightly price, plus how and when you’ll be paid.
Experts tips for preparing your property, decorating, choosing amenities to offer, and getting ready for guests.
Chapter 4 Establishing the Rules for Your Guests
Creating a list of rules and expectations for guests staying at your property.
Sample rules, and how to politely present them to your guests.
Why rules and important, and how to enforce them.
What to do when rules are broken or trust is tarnished.
Chapter 5 Best Practices for Communicating with Guests
Managing reservations.
Initial communications with potential guests via text messaging or email.
An in-person welcome.
Interacting with guests during their stay.
Strategies for improving your interpersonal and social skills.
How to offer additional customer service and amenities
Offering advice or serving as a tour guide for guests
Offering restaurant recommendations
Spending social time with your guests
Becoming knowledgeable about your city and what it offers to guests
Expert tips and strategies from experienced travel hosts.
Chapter 6 How to Use the Airbnb Website and Mobile App as a Host
Step-by-step directions for navigating the Airbnb.com website and how to utilize the online-based tools available for hosts.
Step-by-step directions for using the Airbnb, Homeaway, or VRBO mobile app on a smartphone or tablet.
How and where to obtain the assistance you need.
Chapter 7 How to Generate Extremely Positive Reviews and Repeat Guests
How to generate the best possible reviews from your guests.
Ways to generate repeat guests and positive word-of-mouth referrals.
Pitfalls to avoid when dealing with complaints and problems with guests.
Expert tips for avoiding the top pitfalls and problems many hosts encounter.
Chapter 8 Managing Your Money and Reinvesting in Your Hosting Business
Additional tips for setting your nightly rate.
Additional tips for maximizing your nightly rate, based on amenities provided, location, earned reviews, and demand.
When and why it makes sense to reinvest income into your hosting business in order to acquire nicer furniture, higher-quality bedding, and improved guest amenities, so you can ultimately charge higher rates.
Additional tax tips from a Certified Public Accountant.
Chapter 9 Other Related Services You Should Be Aware Of
Information about Airbnb competitors and similar services, as well as the pros and cons of using them.
Appendix A Directory of Resources