There is no denying that the home-sharing industry or rental properties such as Airbnb are growing at a rapid rate. The prospect of the Airbnb market has resulted in a number of services that serve the Airbnb community to improve their properties, organize their time, and more. The more tools an Airbnb host has at their disposal will unconditionally lead to better serving and ultimately increased Airbnb income.
Airbnb has led to an uprise of creating tools and innovations that serve hosts. Increasing Airbnb income highly depends on the host’s ability to be unique and different from the competitors in the market. Having these new innovations at your Airbnb rental property means that you are able to market your property in a distinct way to appeal to guests.
Airbnb for guests and travelers is the direct replacement of the hotels, but with lower prices. The substitution of one form of accommodation doesn’t mean that guests aren’t expecting to be comfortable and amazed with the property they rented. The most positive Airbnb reviews have come from guests who have seen something new from the host – something that made their stay a memorable experience. Properties that have positive reviews are most likely to generate more Airbnb income due to the working mechanism of the platform between host and guest.
Related: 10 Questions of a New Airbnb User
New Innovations & Increased Airbnb Income
BeyondPricing
This is one of the most important tools to have to maximize your Airbnb income. The application works to give the property owner the best pricing based on demand, seasonality and competition. In other words, the tool analyzes the market based on these three factors and gives the owner the best price that will adhere to market prices and increase Airbnb income. The usefulness of this tool is that it updates the pricing on a daily basis automatically, which means the Airbnb host does not need to do their own research. Users of Beyond Pricing have reported 40% increases in Airbnb income after using the application.
Related: How to Set the Right Rent Price for Your Investment Property
Properly
One task most Airbnb hosts dread is having to clean properties on a regular basis. The two main options available to owners is either, to clean the property themselves or hire a cleaning service company to do it. Properly has merged these options together to give the owner a much-needed tool to manage the property. Properly app gives the owner the ability to take pictures of their property and give specific instructions to the cleaning workers on how they want things done. The app requires the person cleaning to send a photo to the host when done, to make sure it complies with the standard of the host. Giving up control of the Airbnb property management issues has become a whole lot easier.
Related: How to Increase Your Airbnb Passive Income
YourWelcome
If an owner is seeing an increase in Airbnb income, then it is imperative to maintain hospitality levels with new innovations. YourWelcome works in the form of a tablet that you purchase which has the software installed on it. The tablet provides guests with a welcome guide to the property and instructions for almost anything the owner wishes to add there. The tablet also provides guests with room service options like mid-day cleaning and late checkouts. YourWelcome will also help guests to find the best shops, bars and attractions in their local area, which is always valuable information to guests. The tablet is certainly a very innovative and unique way for the guests to interact with the owner, understand the property, and receive services with the click of a button.
Related: Consider Property Management Options for Your Rental Property
Ryze
Ryze is an app that can provide guests with the most necessary services needed in their travel. The list of services on offer includes room service, mini-bar service, laundry, travel amenities and beauty services. The app brings services of a hotel to the rental property, that guests can have everything they need.
KeyCafe
One way to increase Airbnb income on a regular basis is having a more secure and cost-effective way to let your guests inside the property without being present or hiring a property manager. KeyCafe is a secure system that allows the Airbnb owners to facilitate check-ins for guests without having to be there in person. The host stores the key in a KeyCafe storage boxes, located close to nearby cafes, which can be opened remotely using any internet-enabled device.
These savvy tools are one of the main reasons that Airbnb hosting has become easier and more profitable. Something that is originally considered a weird idea can quickly turn into a trend. Airbnb hosts should never stop looking for that extra step that will make renting a property an easier and pleasurable experience for them and their guests.
