Airbnb Management In The Current Market
The recent disruption due to Covid-19 has shaken up the whole Airbnb Management market.
While the sector has been hit hard by this disruption, it also presents a strong opportunity for growth as well.
Here are the top 3 reasons why there is still an opportunity for you in the Airbnb market right:
Airbnb’s offer a distinct advantage compared to Hotels
With the current situation, Airbnb has distinct advantages over a hotel that present a lucrative opportunity for short term rentals. Even with the strict deep-cleaning and social distancing protocols that hotels are rolling out, a hotel puts guests in contact with many strangers who could be from Australia and other parts of the world. In a managed Airbnb it’s just your guests and their friends or family. With AirKeeper, you can trust that our professional cleaning team will have your property cleaned to the highest hygiene standards.
Holiday makers are itching to get back out there
According to Susan Wheeldon, Airbnb’s Country Manager for Australia, “While the COVID-19 crisis has significantly disrupted the tourism industry and wider economy, we know that travel is resilient in the long-term and will ultimately recover. We’re definitely seeing a strong resurgence in people planning trips for later in the year – and into next year – and actively searching for ideal getaway spots for when they’re able to take that first trip.”
The sentiment that local travel is set for a swift recovery is also backed up by an AirDNA spokesperson, who stated that between 4 May and 11 May 2020, Australia Airbnb bookings have increased by 68%.
With most of Australia spending months in lockdown its no wonder many are looking for a short term rental for their next holiday!
Local is the new international
Due to strict restrictions on international travel, travelers are looking within our own borders for their next holiday destination.
According to our own data, Airbnb bookings for areas away from major cities such as the Blue Mountains and Central Coast are experiencing an increase in bookings.
These locations offer an escape from the hustle and bustle of city life. With stunning mountain-scapes in the Blue Mountains and scenic walks on the Central Coast, these destinations are very attractive for local travelers looking for an Airbnb property.
We know these are tough times, but we’re here every step of the way on your Airbnb management journey. Our team is highly experienced and aim to provide a seamless experience for you, whilst also maximising your returns.
Call us to find out more 1800 986 458, or book a call online