We know 2020 has been the year of delayed plans, no plans and making plans for the worst. But if you’d been thinking of renting out your home but aren’t sure if this is the year to do it, we’re here to tell you why now is the perfect time to start making money on Airbnb and other short term letting sites.
We’ll handle everything
Firstly, there’s potential to make a really good income by renting out your home through the Airbnb app. And with us here to take all of the hassle out of photographing, marketing and cleaning your property, you can sit back and relax. Who wouldn’t want to make the most of your investments in a year like this?
You might be thinking nobody’s booking places to stay, going on city breaks or even leaving the house this year – and you’re kind of right. Just like most industries, the way people are using Airbnb this year is changing, but there are some positive signs of growth despite the loss of the ‘typical’ holiday season.
Here are some of the positive trends we’re noticing which are positive for Airbnb hosts this year.
People are staying longer
With the traditional care-free travel sector gone, at least for now, people are looking to staycation in their own cities and for longer too. People have been booking places to ‘staycation’ rather than jumping on a flight or hopping around Europe, which has led to an increase of bookings right here in Scotland. This means more guaranteed business for you and more steady revenue, which could be just about the only good thing to come out of 2020.
Airbnbs are safer than hotels
From having your own kitchen space which means you don’t have to navigate a hotel buffet-style restaurant or communal lifts, there are so many things which are desirable about an Airbnb let in 2020. And with safety being at the top of guests’ wish lists right now, and for the foreseeable future, we see a big potential for growth for Airbnb lets. Not to mention our five-star cleaning service from our sister company Miint. With full cleans after every booking, your guests can enjoy a clean, safe environment, and it’s completely stress-free time for you.
Renting for office spaces
Another big increase in bookings has come from those who have been (and will be) working from home for the foreseeable future. For some, striking the perfect balance between the sofa and the kitchen table just isn’t possible and taking conference calls from the cupboard isn’t working. So what does this mean for Airbnb? Well, we’ve seen a big increase in bookings made for working space where your kids can’t wander in the back of your Zoom call.
Self isolation
A whole host of people are finding themselves in the position of needing to isolate themselves and a self-contained, cosy Airbnb is the perfect place to do so. People who are coming into the UK from abroad as well as those who wish to isolate themselves for work reasons have all been turning to Airbnb for reliable, fairly priced and Covid-safe accommodation.
So fear not, there’s never been a better time to start letting out your property as not only are there plenty of opportunities to grab now, but also a massive boom to come when things eventually get back to normal.
And with our complete management service there to take care of everything, you can cross stress off of the list of reasons to put off starting with Airbnb.