Since Airbnb burst onto the scene in 2007, short-term property rentals have exploded in popularity. Whether you’re an investor, homeowner or cottage owner, the sharing economy brings an opportunity to make maximum returns. Rather than sitting on your investment, you can optimize your property to provide a secondary income.
To increase the revenue for your rental properties, listing on multiple platforms is essential. It's the best way to put yourself out there and get noticed. And with so many travel websites to choose from, the possibilities are endless. For us, beyond Airbnb, Booking.com was a top priority.
You’ve set up the listing on Airbnb, and though it’s bringing in some revenue, your calendar is never full. Here’s your problem: you haven’t explored other platforms. If you’re only listing your vacation rental on Airbnb, that has to change immediately.
Expedia can offer additional exposure and an untapped market. As a long-established travel company, it has the potential to reach different demographics and more traditional clients. But be warned: if you're listing and operating on the platform, Expedia can be daunting and overwhelming. In terms of payment processing, it can be downright complex.
With services reaching over 191 countries and 57,000 cities around the world, Airbnb is increasing in popularity and showing no signs of slowing down. In fact, it’s well on its way to dominating the hospitality industry.