Using boat rentals as additional revenue stream and a unique amenity on Airbnb (Ep568)
Summary
This podcast episode discusses how to increase revenue by renting out boats as an amenity at lakefront Airbnb properties. The host shares how he has successfully added pontoon boat rentals to his listings, generating significant income during peak season and providing an attractive amenity for guests.
Key Insights
- •The host generated $10,000 in revenue from each boat rental in a four-to-five month period, demonstrating the profitability of this amenity.
- •The host found that offering boat rentals significantly increases bookings, even if guests don't always use the boat. The boat rental is a strong listing differentiator.
Action Items
- ✓Consider adding a boat rental amenity to your lakefront properties to increase revenue and attract more bookings.Effort: mediumImpact: high
- ✓Research local ordinances and regulations related to boat rentals before implementing this amenity.Effort: mediumImpact: medium
Tools & Resources
- →waiver.com: The host mentions using a waiver service like waiver.com.(waiver.com)
Common Mistakes
- ⚠Failing to check local regulations could result in legal issues or fines.
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