A vacation rental can be a great investment for someone who wants to make some money on the side or even make it a full-time business. This is clearly something that many people are catching on to, given that roughly 52 thousand new units had been added on either Vrbo or Airbnb as of May 2021. Before you take the leap and set up your vacation rental, have a look at these tips.
Make It Accessible
An amazing vacation rental will be accessible to all people, regardless of having mobility issues. It has been reported that in the United States, 1.7 million people use wheelchairs or mobility scooters. With this in mind, make it possible to more people to enjoy your vacation rental by making it easier to access. This way, you could appeal to a wider market and everyone will enjoy having their needs met, possibly giving you better ratings as well.
Work on Your Costs
Costs can make a big difference to whether you get profits and how much you can get. With this in mind, work on them to make sure that you’re not spending more than you’re making on your vacation rental. Take stock of the major costs, which include maintenance of the vacation rental. After this, do some research to see what similar rentals in the same area as yours are charging their clients. This will help you avoid setting a price that’s so high that no one will want to rent your unit or apartment. It will guide you on how much you should charge to be fair and remain profitable.
Declutter Aggressively
Another thing you need to do to make your vacation rentals attractive is to declutter. Ensure that there are minimal items in and around the house so that it looks neat and well-maintained. Remember that decor could also count as clutter and keep it to a minimum, only leaving notable pieces on the walls and other surfaces of your rental. When the spaces aren’t crowded, it also makes it easier for you to know if anything has been broken or is missing, and this way, you can keep losses from destruction to a minimum.
Landscape Well
Don’t forget about your vacation rental’s landscape as it helps enhance the curb appeal. People who travel to different destinations generally look forward to experiencing a change of scenery and the landscape is a big part of your home’s scenery. Since landscaping can add up to 14% to your home’s resale value, it will be worth working on for your vacation rental. If you can do it well, take it on as a DIY project. Otherwise, save the time and effort you would need to spend if you don’t have the tools and know-how and simply hire a landscape professional. Ensure that they’re good at what they do so you can get exactly what you envision for your holiday home.
Offer the Right Amenities
Check online to see reviews and descriptions of different vacation rentals so you know exactly what to offer the people who travel to yours. These may be different from place to place and for people paying different prices, but some basics rarely change. Things like shampoo and conditioner, linens and towels, drinks and snacks, and even WiFi can be relatively cheap to get but make the experience a lot more enjoyable for the people visiting your vacation rental.
Use these tips to adjust the setup of your vacation rental so you can make it more attractive to potential vacationers. They may not take a lot of time and money to get done, but they can make a big difference in your bookings.