Here are some common red flags that experienced hosts look out for: 1. Lack of Reviews or Negative Reviews One of the most reliable indicators of a guest’s behavior is their review history. A guest with a track record of positive reviews from other hosts is more likely to be respectful and follow house rules. On […]
Professional Holiday Homes Blog
What Type of Airbnb Makes the Most Money? Key Insights from PHH’s 2024 Property Results
1. Properties with Pools Earn the Most One of the most notable insights from the report is that properties with pools significantly outperform those without. On average, properties with pools earned 54% more than those without pools. This shows that guests are willing to pay a premium for access to luxury amenities like a private pool, making […]
Who is Airbnb’s Biggest Competitor? Exploring the Alternatives for Property Owners
In this article, we’ll explore Airbnb’s largest competitors and how they stack up, particularly for property owners seeking the best return on their investment. http://Booking.com : Airbnb’s Biggest Competitor (But Still Far Behind) Among Airbnb’s competitors, Booking.com is the closest rival in terms of global reach and market presence, though it still lags behind Airbnb. Traditionally known for […]
Do You Have to Pay Capital Gains Tax on Your Airbnb Property? Here’s What You Need to Know
What is Capital Gains Tax (CGT)? Capital Gains Tax (CGT) is a tax you pay on the profit from selling an asset, including property. If you sell an Airbnb property and make a profit, that profit is considered a capital gain, and you may need to pay tax on it. The rules around CGT depend on whether […]
Can I Run an Airbnb Through a Company?
Why Run Your Airbnb Through a Company? Running your Airbnb property through a company offers several advantages over managing it as an individual host in Australia: Liability Protection: When you operate as an individual host, you are personally liable for any legal issues or claims that arise from your Airbnb operations. However, if you run […]
How to Transition from an Individual Host to a Professional Host on Airbnb
If you’re curious about how professional Airbnb management can help, consider scheduling a free consultation to discuss your property’s potential. You can also download our free eBook to learn more about maximizing your Airbnb revenue. Why Switch to a Professional Host? There are many reasons why transitioning to professional Airbnb management makes sense: Efficiency and Scale: Managing multiple properties as an […]
Individual Host vs Co-Host vs Professional Host: Which is Best for Your Airbnb Property?
Individual Host An individual host is a property owner who manages every aspect of their Airbnb listing. This option is perfect for those who want to be hands-on, handling everything from listing creation to guest communication. Key responsibilities include: Communicating with guests and managing inquiries. Organising cleaning, maintenance, and restocking supplies. Handling check-ins and check-outs. While being […]
Do You Really Need a Full Website for Your Airbnb, or Is a Simple Domain Name Enough?
Do You Really Need a Full Website for Your Airbnb, or Is a Simple Domain Name Enough? The vast majority of guests today will turn to Airbnb as their first option when booking a holiday rental, but this doesn’t mean you shouldn’t have your own website. It also doesn’t mean you need to set up […]
Beyond Airbnb: The Best Websites to Maximize Your Holiday Rental’s Exposure and Bookings
Beyond Airbnb: The Best Websites to Maximize Your Holiday Rental’s Exposure and Bookings Once you have your descriptions documented, and your photos and pricing ready, it’s time to list your property for rental online. With so many holiday rental websites available, each offering different pricing structures, it’s important to understand where and how to list […]
How to Prevent Guest Issues at Your Airbnb and Keep Your Neighbours Happy
How to Prevent Guest Issues at Your Airbnb and Keep Your Neighbours Happy If you have a comprehensive online guest guidebook in place and your property is well organised, you might be surprised to learn that the majority of guests will not contact you during their stay. In our experience, only about 5% of guests […]
Are You Missing Out by Not Using Video to Promote Your Airbnb?
Are You Missing Out by Not Using Video to Promote Your Airbnb? Very few Airbnb hosts use video to promote their properties, and this is a huge missed opportunity. The growth of video as a marketing tool is immense, and it is perfectly suited for showcasing an Airbnb. With YouTube now the second most popular […]
Does Your Airbnb Need a Rental Agreement? Here Are the Essential Terms to Protect Your Property
Does Your Airbnb Need a Rental Agreement? Here Are the Essential Terms to Protect Your Property It only takes one guest complaint to realise that you need a solid set of terms to protect both yourself and your property. For individual property owners, these terms don’t have to be complicated, but they should cover key […]
Setting Up Your Airbnb: A Comprehensive Guide to Linen
Setting Up Your Airbnb: A Comprehensive Guide to Linen Supplying high-quality linen for your Airbnb property is essential, especially if you regularly host international guests. With linen now mandatory on Airbnb, and other booking platforms likely to follow suit, it’s crucial to ensure your property is well-prepared. The Basics: Three Sets of White Linen is […]
Transform Your Airbnb: Essential Tips for Setting Up Inviting and Comfortable Living Areas
Transform Your Airbnb: Essential Tips for Setting Up Inviting and Comfortable Living Areas The following sections provide guidance on setting up the living areas of your Airbnb based on successful, award-winning properties. By following these recommendations, you can maximise the booking potential of your Airbnb. Couch(es) When selecting a couch, consider the capacity of your […]
Turn Your Airbnb into a Family Paradise: Must-Have Amenities to Attract More Bookings
Turn Your Airbnb into a Family Paradise: Must-Have Amenities to Attract More Bookings Creating an inviting and well-equipped Airbnb can significantly enhance the guest experience, especially for families. Below are some recommended facilities that can make your Airbnb stand out and ensure guests have a memorable stay. Games Console For family-friendly holidays, a games console […]