9 tips to turn your spare bedroom into a money-making business


Here are 9 tips to turn your spare bedroom into an Airbnb destination

1. Determine the price for your location

Take a look on the Airbnb app to see the rates offered in nearby neighbourhoods. Decide on the nightly price, and then add in any required fees. Make sure to factor in a currency exchange fee and VAT.  All bookings require a deposit to secure the space in case one party negates the agreement.

2. Sign up to host

Start with verification – with options like linking your Facebook or Twitter accounts and adding your phone and email address, getting verified is easy. Next, create your listing. You’ll be asked to fill in details such as pricing, boundaries, available booking times, guest preferences, and house rules.

3. Professional photography services

Use high resolution images that showcase your space accurately. Take well lit, professional photos. These images must be current, charming and intriguing.

4. Keep communication active

Messaging online and via the app helps you get to know your guests and answer any questions. The more accurate your listing, the higher the chances of a good review.

5. Plan your check in

Some hosts meet guests in person to hand over a key; others provide a door code. You choose what works for you. Ensure there are spare keys for guests if necessary and plan properly to avoid the need for cancellations.

6. Welcome your guests

Ensure a clean space, sheets and towels, and provide essentials like toilet paper. Perks like WiFi, coffee, tea, and toiletries help for better reviews. Give tips on places to see and things to do nearby. 

7. Host guarantee

The guarantee protects your home from accidental damage. Every host with a listing on Airbnb is eligible for coverage at no additional cost.

8. More than moola

In addition to the extra income, hosts join a supportive worldwide community. There are plenty of things to learn from Airbnb, hosts and guests.

9. Reviews are essential

The Airbnb community relies on honest, transparent reviews. They will remove or alter a review if it violates the review guidelines. The best way to get more guests is with positive reviews - pay attention to your guests, they will better your chance of future bookings.

Go to Airbnb.com for more information.

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