Using boat rentals as additional revenue stream and a unique amenity on Airbnb
Summary
This podcast episode discusses incorporating boat rentals as an additional revenue stream and amenity on Airbnb. The guest found that adding boat rentals could increase nightly rates by 10-15%. Hosts should research local regulations and prioritize safety measures when offering boat rentals.
Key Insights
- •Incorporating boat rentals can increase the nightly rate by 10-15%.
- •Jimmy found success using Facebook Marketplace to purchase boats.
Action Items
- ✓Research local regulations when offering boat rentals.Effort: mediumImpact: high
- ✓Consider adding unique amenities that differentiate your properties from competitors.Effort: lowImpact: medium
- ✓Ensure you comply with all legal requirements when offering boat rentals, including having proper insurance, requiring signed waivers, and providing life jackets.Effort: mediumImpact: high
Tools & Resources
- →Facebook Marketplace: Facebook Marketplace
- →GPFYP VIP SUCCESS PROGRAM: Learn more about the GPFYP VIP SUCCESS PROGRAM: https://getpaidforyourpad.com/VIP(getpaidforyourpad.com/VIP)
Common Mistakes
- ⚠Failing to comply with local regulations and legal requirements when offering boat rentals.
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