How to be asuccessful host
Hosts are an essential stakeholder in the local host rental or vacation rental ecosystem—they are the service providers, guests’ first contact in a foreign country, and a crucial actor in ensuring guest safety, preserving neighborhood amenity, and working within local regulations. This section contains a comprehensive suite of tips and tricks that will enhance your hosting experience – and help you maximize rental profits along the way (legally, of course!)
Before you host: A legal checklist
Before you host:
A legal checklist
The regulatory landscape for hosts
Regulations are specific to your particular jurisdiction, but as a host it’s important to educate yourself on different types of policies, as it’s likely that governments will create regulation to address the issues that emerge from the industry’s ubiquitous growth. In other words, it’s best to be prepared. Here’s an overview of regulations – some innovative, some complex, some more onerous – that have been implemented across the world to deal with the local host rental phenomenon:
Hosting brings innumerable benefits to the guest, the host himself/herself as well as local communities.
Why host?
A good host understands the needs and desires of his/her guests. Here’s a list of top reasons why guests choose local host rentals or vacation rentals, and common questions asked by guests before booking. Tailoring your listing to suit these guest concerns will create a more wholesome experience for guests, and help your listing top the popularity charts.
How to be the host with the most
How to be the host with the most
SOURCE: Data from Agoda
Tailoring to platform expectations
Guest reviews can make or break your listing; they determine how highly demanded your rental is, and by extension, how profitable renting is for you. Therefore, it is essential to understand how platforms such as Airbnb prompt guests to rate your services. We provide a list of recommendations to help you score great reviews and points for your listing as well:
Pricing your listing
Pricing is the foremost issue on a host’s mind – and rightfully so. Finding the right price point for your listi ng is a difficult, sometimes hit-and-miss situation. We have prepared a list of strategies to help you determine pricing as accurately as possible.
Download the chapter Here
