James Svetec

We asked the thousands of hosts through our blog and online courses, “What was the best purchase you’ve made as an Airbnb host?” Some were obvious, and some were surprising. Here are ten that you should consider when hosting on Airbnb. Futon couch or sofa bed If you have enough space for a traditional couch, you’ll likely have enough space for a sofa bed or futon couch instead, which increases your Airbnb listing’s occupancy capacity to sleep an additional guest and permanently increase your earning potential.

After your guest checks out, your work as their Airbnb host still isn’t complete. The hours and days afterward are an opportunity for you to put the finishing touches to a successful reservation.After checkout is a great time to follow up with your guests and provide some incentives to encourage potential future bookings.

If you’re already putting in the time and energy to hosting on Airbnb, why not get the most from your hosting efforts? This list has ten strategies that have helped hosts to earn more while hosting. Put your best listing forward Most new hosts who complain about not earning as much as they want have low hanging fruits with their property listing, which can include having photos taken from their phones from the wrong angles with poor lighting at the wrong time of day.

Even though both launching and maintaining a successful Airbnb listing takes planning and effort, as a host, doing some simple things can help you earn more, stress less, or both. Here are ten helpful tips for happy hosting. ©Kostikova/Shutterstock.com Research your market before hosting Smart hosts research their market before hosting to know exactly what to expect in their market.

To create a smooth and seamless check-in for your Airbnb guests, you must first understand what guests want and don’t want to experience during their check-ins. Only then can you make the necessary preparations for a smooth and painless check-in for all of your guests.Just as you were responsive and timely in your communications with prospective guests before they made their bookings, you must communicate with your guests after they book and before they check in.

The secret to receiving consistent 5-star guest ratings from happy guests on Airbnb is simple. Set proper guest expectations and then exceed them during their actual stay. Yes, we realize the concept may be simple to understand but it’s sometimes challenging to execute with consistency. Recognizing the factors that can affect guest satisfaction Many factors can help guests form their expectations of your property and you as the host — from the moment when your Airbnb listing catches their eye in the search results all the way to when they confirm and pay to secure the booking with you.

As an Airbnb host, you need to be aware of many other fees that you can set and charge guests. Get them right, and you could have more consistent bookings and profits. Get them wrong, and you could undo all the work you’ve put into your Airbnb listing and pricing.Here we explore the important additional fees you can charge guests and how to go about setting the right strategy for each.

After you start to optimize your costs, you’ll quickly discover a limit to how much you can cut. Your next best option to boost profits is to increase your booking revenue for your Airbnb listing. You can do that by increasing your occupancy rate, your average nightly rate, listing availability, or all the above.