Starting an Airbnb business can be an exciting and profitable journey, especially with the steady rise of short-term rentals as a preferred accommodation for travelers worldwide. The idea of transforming a property—whether it’s a spare room, an investment property, or even your own home—into a reliable income source is incredibly appealing. But understanding how to start an Airbnb and successfully scale it into a thriving business requires more than just opening your doors to guests. While...
When listing on Airbnb, one of the first questions hosts ask is: How much does Airbnb take from each booking? Understanding Airbnb’s fee structure is essential for maximizing revenue and setting competitive rates that still cover your costs. Here’s a breakdown of how much Airbnb takes and tips to keep your profits on track. How much does Airbnb take in fees from hosts? Airbnb charges a percentage of the booking subtotal, which includes the nightly rate, cleaning fees, and any extra guest fees...
Hosting on Airbnb is more than just renting out space; it’s about crafting a memorable experience for your guests.Whether you’re a new host or looking to refine your strategy, these 9 top tips will help you stand out, boost your bookings, and increase guest satisfaction. Let’s dive into the essentials! 1. Freshen Up Those Photos Regularly Sure, you’ve got professional photos of your property, but when was the last time you updated them? Keeping your listing visually current is key to standing...
Whether you’re starting a business and wondering how to get your first properties or you’re a professional property manager looking to expand your portfolio, there's an increasingly popular technique you might want to consider: Airbnb Rental ArbitrageThis strategy, known as Airbnb rental arbitrage, is gaining traction for its unique approach to leveraging existing properties for short-term rentals. What is Airbnb Rental Arbitrage? Airbnb rental arbitrage involves renting properties long-term...
As a host on Airbnb, your reputation is built on reviews. While receiving reviews from guests is crucial, writing thoughtful reviews for your guests is equally important. The Airbnb community thrives on mutual trust. Writing Airbnb Reviews helps other hosts make informed decisions about future reservations, but crafting distinct and insightful reviews can be a daunting task. Crafting distinct and insightful reviews can be a daunting task. This guide offers practical tips, fresh examples of...
At 365Villas, we’re proud to unveil our latest innovation, ‘Long-Stay Logic’, a feature marking a pivotal shift in the vacation rental industry, influenced by recent global events. This development is underscored by a statement from Airbnb's CEO, Brian Chesky, in a recent article, hinting at "what could be the biggest update to Airbnb ever," as they plan a strategic move into longer-term housing rentals next year. Vacation Rental Industry Shifts This shift was highlighted again by Chesky, who...
At 365Villas, we prioritize staying informed about the latest developments in the vacation rental industry to provide our readers with valuable insights. Here's a closer look at the major news that has captured our attention this month. Innovative Governance Through Airbnb's City Portal Airbnb's introduction of new City Portal features represents a leap forward in fostering collaboration between the platform and local governments worldwide. Launched initially in 2020, the City Portal has been...
If you're just starting to rent out your vacation home, or if you manage a few properties, you've likely used popular sites like Airbnb, Booking.com, or Vrbo to find guests. These sites are called Online Travel Agencies (OTAs), and they help people see and book your place. Managing multiple OTAs can get tricky. Imagine trying to update your photos, prices, or amenities on several different websites every time you make a change. It can feel like a nightmare juggling all those updates....
As we step into 2024, the vacation rental industry is not just evolving; it's undergoing a transformative revolution. This January has brought forth a cascade of significant developments, trends, and regulatory shifts that are reshaping the landscape of property management and travel experiences. Let’s delve into the intricate details of these changes and their potential implications for the industry. A Robust Start to 2024 The year has kicked off on a promising note, with the industry...
Managing a rental property can be a time-consuming and stressful endeavor, especially for hosts who have multiple properties or are located in another city or country. This is where professional Airbnb management companies come into play, providing a seamless solution for property owners. Professional Property Managers with established companies might not typically hire other Airbnb management companies for their core operations, as they often have the expertise, resources, and systems in...