Airbnb took a huge hit with COVID-19. Because of the stay-home orders, many people haven’t been traveling, meaning they don’t need to rent an Airbnb for a night. The loss of vacationers has greatly impacted the industry, but it is still possible for you to keep your Airbnb profitable during COVID-19. Here are three ideas to get you stated.
One option that many Airbnb owners have turned to is turning their short-term rental into a long-term rental. This is a good option because there are many people, such as interns, students and employees who are looking for a change of pace. A long-term rental offers an escape from the regular dull and droll apartment life. In order to change your short-term rental into a long-term rental, you’ll need to change a few things. For example, you might need to change your listings. Focus on the amenities that someone who’s working from home would appreciate, like wi-fi and a desk. Long-term renters typically tend to take better care of the space they’re renting and provide less of a mess to clean up because they are there for a longer stay.
Regardless of whether you use your Airbnb for short-term or long-term rentals during COVID-19, you will need to reassure your guests that you are taking the best care of the place that you can and sanitizing it as completely as you can. In addition to regular cleaning between guests, such as changing the sheets and vacuuming, wipe down every surface with disinfectant. It might take 1 to 2 hours to completely sanitize your home depending on the size of it. The effort, however, will be worth it as you prioritize your guests’ health and safety.
Even if you’re not able to get guests to stay at your Airbnb currently, you can update the space to make it look more attractive for future guests. A fresh coat of paint and added modern chic décor can completely transform your home. When you list your home, you want it to be as attractive as possible for guests to want to stay there. Simple updates can make a valuable impression on future guests.
While it may seem like COVID-19 has completely stopped travel currently, you can still make a profit with your Airbnb. You just might have to think outside the box a little.
Read this next: Top Ways to Take a Safe Vacation
Memorial Day weekend may reveal how much consumers are willing to spend this summer, whether…
The daughter of a 90-year-old man accused JetBlue’s crew of negligence after her father suffered…
Summer travel planning is in full swing, and destinations across the country are going big…
With everyday costs on the rise, many Americans are wondering if their workplace benefits are…
United Airlines flight attendants ratified a new five-year contract that gives them a 31% pay…
If you’re an entrepreneur or a small business owner, we’re celebrating National Small Business Week—where…