Wacky Airbnb Amenities With The Highest ROI
Summary
AI-generatedThis video explores the ROI of unique and "wacky" Airbnb amenities like bowling alleys, water parks, and recording studios. Hosts will learn how to estimate the potential revenue increase and installation costs to determine if such investments are profitable.
Key insights
A private backyard water park installation can cost around $150 per square foot, and can potentially increase annual revenue by $113,000, yielding an 180% ROI.
Mistakes to avoid
Failing to account for both installation and ongoing maintenance costs (like utilities for hot tubs or saunas) can lead to an inaccurate ROI calculation for new amenities.
Tools & resources
Optimize YOUR Airbnb bookbook
The video creator, Danny, offers a book for Airbnb hosts on optimizing their listings.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial