Vacation rental owners have to consider a number of things in order to be successful, and one of the items that is usually top of mind is how we can maximize our rents. What’s the best way, you ask?

THERE ARE OBVIOUS WAYS

The majority of rentals have one bed per room, unless it’s a huge room, then there may be 2 doubles. Great idea! But what if there was another way to even further utilize space…?

Think outside of the box.

BUNK BEDS!

Hear me out…

We often think of bunk beds as those rickety beds we slept in as kids, or the glorified cots at summer camp. Well, not anymore, friends! Allow me to introduce you to the world of Adult Bunk Beds! King Over King bunks, anyone?

THE RICHES ARE IN THE NICHES

If I were going to add these bunk beds in my rentals, I would think of how I could do it in a way that created a unique niche in my property’s area. Niches are what make rentals stand out!

But…. DON’T GO CRAZY, y’all. Don’t try to squeeze 12 people in to a 3 bedroom 2 bath house, lol. I mean, there are limits (and I don’t just mean to the plumbing). 😉

DEMOGRAPHICS MATTER

Under what circumstances would these beds make sense for adults?

Market your rental as THE place to stay for a girls or guys weekend, or even a family reunion, perhaps. Think about the renters your area and home are most likely to attract, then consider what celebrations, getaways, etc. would entice that age group. Use those terms to boost your SEO on your website and listings!

Decorate these beds to appeal to the demographic you want to attract. Use quality bedding that is elegant and grown up. Sometimes getting hung up on trying to appeal to anyone and everyone is exactly what will make you disappear among the competition. Don’t be afraid to STAND OUT! Need we review?….

The riches are in the ____. (Just checking to make sure you were paying attention, hee hee).

CONSIDER THE NUMBERS

Calculate your cost basis to add these beds, plus all of the additional accessories (dishes, towels, seating, etc.).

Next, pull some comparisons on the platforms you list your rental on. First, look at comparable rentals to ensure that you are priced right. Then, expand your search to properties with the same number of bedrooms you have, increase how many people they sleep, and note the rise in what you can charge.

Make sure the potential increase in rents is worth the extra wear and tear on your home & expense…but 9 out of 10 times, it’s worth doing!

OKAY MARILYNN, YOU HAVE CONVINCED ME!

Wahoo! You’re so smaht. Francis Lofts & Bunks also known as adultbunkbeds.com have soooo many amazing options with different colors, sizes, setups, trundles, accessories…you name it! Beyond that, it’s up to you how tricked out you want these super sturdy bunk beds to be.

Now that you have your bedrooms and spaces maximized, do you have your vacation rental business optimized?  Well, I have you covered with my BnB Hosting Vault full of free guides and downloadables, along with some tools for purchase to help you up level your hosting.   Short term rental hosting is not for the weak of heart and there are so many potential pitfalls, but I’m here to support fellow hosts, sharing expertise I have gained since 2005 when I first started hosting.

I can help you avoid pitfalls and catapult you in to higher profits and more joy in hosting!  Just click below and you will be taken to the entry page for my vault.  Head there now and uplevel your hosting!

Now that you have access to my vault, and you have me by your side to help you succeed as a host, are you ready to become an Airbnb host?  Just click here to get started!  {Note, this is a referral link and I may receive payment from Airbnb at no cost to you if you become a host on their platform}.

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Happy Hosting!

Marilyn Taylor, signature

 

 

 

P.S. This is a sponsored blog post for Francis Lofts & Bunks and was first seen on their blog on July 17, 2019.

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