The Best & WORST Amenities to Add to Your Airbnb

Build Short Term Rental WealthMay 2, 202417m 3s7.1K viewsScore 85
Pricing & Profitability
intermediate
amenity ROI
STR marketing
average daily rate
property evaluation
amenity investment
M

Summary

AI-generated

This video guides short-term rental hosts on selecting profitable amenities by differentiating between those that increase ADR and those that enhance marketability. It emphasizes data-driven decisions and strategic marketing to maximize ROI and avoid costly mistakes.

Key insights

  • The 'old way' of STR investing relied on buy-and-hold with minimal cash flow and appreciation, whereas today's model prioritizes cash flow plus appreciation plus tax benefits, with cash flow being supreme.

Mistakes to avoid

  • Installing amenities like pickleball courts ($10-20k) or cheap wooden mini-golf courses without supporting data can lead to a poor return on investment due to high costs and rapid deterioration.

Tools & resources

  • STR Insights / AirDNAplatform

    STR Insights and AirDNA are data platforms that can be used for market research on amenities, though direct data on amenity ROI might be limited.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial