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What Tips Do Airbnb Property Owners Have For Successful Short-Stay Management?

in AIRBNB, AIRBNB HOSTING TIPS, Uncategorised by admin

Airbnb has taken the world by storm. At any one time, there are over seven million Airbnb properties listed in over 100,000 cities and 220 countries.

These figures are hardly surprising when one compares the benefits of hosting to other investments – the flexibility of being able to use your property when you want, Airbnb’s insurance coverage and property protection services and the ability to adjust pricing to exploit peak periods are just a few of the advantages Airbnb hosting offers.

We asked Superhost Ian Harris, who has managed an Airbnb in Queensland’s Gold Coast region since 2016, for some tips on how new hosts can position their properties for success, build a brand and deliver a satisfying Airbnb experience with every single booking.

Power of presentation

Initially, Ian recalls, he and his wife tried to manage their Airbnb listing themselves but soon became overwhelmed.

“We both had full-time jobs so trying to wash linen, vacuum and maintain the property was just not viable,” he said. 

“A full-service management company like Oasis Stay literally takes the stress out of hosting an Airbnb. I wish we had known about it earlier because, in the early days, we got a bad review just because a guest found a chocolate wrapper under the couch. Small oversights like that can have a huge impact on your Airbnb profile. We leave it to the professionals now!”

Stand out from the competition

According to Ian, the key to attracting guests is to make your listing pop.  “When we first started hosting, we quickly learned the lesson that our online Airbnb listing was the key factor in attracting guests. Comparable properties in our location were consistently booked out and we realised that we were letting ourselves down by not adequately highlighting our home’s best features.”

“Our property is surrounded by transport options, walking distance to restaurants and entertainment, and it also has ramp access, which is perfect for wheelchairs or people with mobility issues, so we promote these amenities. We have since added other unique selling points like a Tesla fast charger.”

“We also discovered the power of having professional photos taken to showcase the property and make it stand out from the competition.” 

Oasis Stay understands the importance of showing properties off to the best advantage which is why we offer Airbnb photography and staging services. These services complement our housekeeping, property management and maintenance services to ensure our hosts are getting the most benefit from their listing.

Extra touches

Whether your property is at the high end of the market or a more modest home, supplying extras above the basic necessities can go a long way to increasing guest satisfaction.

Simple and affordable luxuries such as toiletries, quality towels and linen, a chocolate on the pillow, are remembered and appreciated by guests and are the little extras that encourage return custom.

“We find that guests really appreciate our welcome pack which includes thoughtful things like instructions on how to turn on the TV and Wi-Fi,” Ian explained. “The pack includes a short note wishing them a comfortable stay and also provides emergency phone numbers so we can respond to any issues before they become negative feedback.”

“This really paid off when a water pipe broke and started leaking water during a guest’s stay. Fortunately, we were able to respond quickly to avoid any disruption to their stay. Our guests understood that accidents happen and appreciated our responsiveness, giving us kudos for our commitment to ensure their comfort in their feedback.”

Pricing

Whilst money is important to most hosts, Ian stresses that it shouldn’t be the biggest driver. “There is no point in pricing yourself out of competition for a few dollars,” he says. “It is better to price your listing just below the competition and stay fully booked rather than sit vacant, even for a night. We offer significant discounts for guests staying a week or longer as this reduces the need for cleaning and maintenance costs, so it is a win-win situation.”

Feedback and Reviews

Ultimately, what guests say about you, your communication and your property will be the best (or worst) advertisement for future guests.

By focusing on these areas, you can create a successful and rewarding Airbnb hosting experience that generates positive reviews, enhances the chance of return visits, drives bookings and boosts your hosting income.

Oasis Stay is the industry expert in Airbnb property. As Ian says, “We could spend our energies and time cleaning and maintaining our Airbnb but that just wouldn’t make good economical sense. We can just build the cost of these into our pricing and leave the hard work to Oasis Stay. They take care of the property management, housekeeping and maintenance whilst we sit back knowing that our property is in good hands.”

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Airbnb hosting can be a time-intensive and difficult process if you’re handling it on your own, so why not let the experts help? With Airbnb hosting management in Melbourne, Hobart, and the majority of Australia’s most popular areas, Oasis Stay is here to assist you. If you are interested in finding out more about Oasis Stay’s Airbnb property management and maintenance services, give us a call on 0401 832 431 or drop us a line to [email protected].

 

The Ultimate Guide to Becoming a Successful Airbnb Host

in AIRBNB, AIRBNB HOSTING TIPS, Uncategorised by admin

Airbnb has become increasingly popular with investors and property owners seeking to generate an income from a vacant property, and for good reason. Airbnb offers a more lucrative rental yield than long-term tenancies, particularly in popular tourist locations. This is unsurprising as short-stay guests look for an alternative to expensive hotel rooms which offer no self-catering or laundry options and far less space.

An increasing number of homeowners are drawn to host an Airbnb due to its flexibility, allowing them to continue using their property by blocking out dates when it is unavailable. 

Whilst setting up an Airbnb is a straightforward process, Oasis Stay property management offers a wide range of services to assist in getting the most out of your Airbnb experience. If you are considering becoming an Airbnb host in Melbourne, Sydney, Brisbane, Hobart, Morning Peninsula or one of Queensland’s Airbnb hotspots like the Gold Coast and Surfers Paradise regions, Oasis Stay have the expertise to put you on the road to success.

Is setting up an Airbnb difficult?

Fear of the unknown may prevent some people from considering putting their homes on Airbnb, but with the help of an experienced Airbnb management provider, the process is quite simple: 

  1. Create an Airbnb account
  2. Secure property management
  3. Prepare the property
  4. Upload photos and details
  5. Manage calendar availability
  6. Go live

Setting up an Airbnb account

Anyone who has created an account for eBay, a bank account or an online shop will be familiar with the process of creating an Airbnb account. As with many of these, an identity verification process must be followed to protect the integrity of your account. It is highly recommended that users also download the Airbnb app so they can respond quickly to property requests as they come in. Users will also need to fill out a range of personal information including bank account details for receiving payments. 

Property management

Airbnb operates on a feedback rating system, similar to eBay. Guests will apply to you for the use of your home, outlining how many guests they are booking for and why they want to stay. Hosts are able to check past guest reviews to verify they are suitable before approving their applications.

Many Airbnb hosts start their journey managing their property themselves only to realise guest expectations for property presentation are beyond their ability to deliver. A single piece of paper left under a sofa can result in a negative review, which in turn can impact the interest in your property. Laundering linen, making beds and scrubbing showers can be time-consuming and onerous – quickly becoming a drain to hosts.

Securing a professional Australian property management service with local resources, like Oasis Stay, is the ideal way to market and maintain your property. They will provide scrupulous cleaning and presentation to ensure guests are delighted with your property and secure return business. The cost of property maintenance can be offset by the one-off cleaning fee which can be included in your Airbnb quote.

Property preparation and presentation

Guests visiting your property will expect all the amenities of the home including all kitchenware, laundry items, iron and ironing board, hair dryer and coat hangers. Your home should be free from all personal items – bare cupboards in bedrooms and bathrooms. For safety, all scissors and other dangerous items should be stored in high cupboards. There should be at least two sets of linen for each bed and towels for every guest. Generally, Airbnb charges per bed, so installing locks on bedroom doors avoids the prospect of one guest booking but six staying… 

Simple things like a framed note on the kitchen table welcoming people to your home and giving them instructions on how to turn things on/off will be highly appreciated. Leave unopened sample packs of soap, shampoo and conditioner, as these simple touches make guests feel special. In the kitchen set aside an area with UHT milk, packets of sugar, tea and coffee. A coffee machine with a few complimentary pods is always appreciated. Use sugar sachets as they are more hygienic and avoid attracting ants.

A key lockbox with a code is a handy way to manage access to your home. A message can be sent to guests with the combination code and the code can be updated by Oasis Stay property managers at the end of each stay to ensure the security of the property is not compromised.

Airbnb styling and photography

It is likely your property may be competing against several similar properties in your area. Professional styling and photography are highly recommended to make your property stand out from the competition. Oasis Stay offers expert styling and photography services to ensure your property looks its best, both to attract guests and to achieve the best possible income. We will highlight the features that make your property special or unique, as these are highly prized by Airbnb guests.

Setting a price for your Airbnb listing

It can be a good idea to compare your property to similar homes in your location and, at least initially, slightly undercut their nightly rate. This is helpful when first hosting without reviews, allowing you to build your reputation and become a Superhost. Consider offering discounts for long-term stays of weeks or months. Long-term guests avoid regular cleaning and maintenance costs and are highly valued by hosts.

Managing the Airbnb guest calendar

Many hosts limit bookings to a two-night minimum to reduce the turnover of guests and leave an afternoon or day in between bookings to allow time for cleaning. When reviewing your Airbnb calendar, block off days or weeks when you may wish to use the property yourself.

Let’s talk  

If you are looking to take the next step as an Airbnb host, contact Oasis Stay today to discuss our full range of professional services. We take the stress out of Airbnb property management and our personalised housekeeping and maintenance services along with specialised photography and styling can be the key to making your foray into Airbnb hosting satisfying, successful and financially rewarding.

Airbnb Income: Why Hosting With Airbnb Makes Solid Financial Sense

in AIRBNB, AIRBNB HOSTING TIPS, Uncategorised, Uncategorized by admin

With the latest round of interest rate rises negatively impacting property investors in the hip pocket, it is unsurprising many are now turning to Airbnb to increase their rental yield. In popular tourist areas such as the Gold Coast, Sunshine Coast or Melbourne’s Mornington Peninsula and major capital cities like Sydney, Melbourne, Brisbane and Hobart, investors can realise the same income in two or three days with, for example, Melbourne Airbnb management, that they would normally expect to receive in a week with a long-term tenant. 

Unlike long-term tenancies, Airbnb offers hosts the transparency to personally vet guests. Airbnb also offers the security of $1 million insurance which covers a range of scenarios including injury, damage and theft.

Oasis Stay recognises the major investment hosts have in their homes and provides secure, reliable and professional Airbnb property management and housekeeping services so owners enjoy a ‘set and forget’ income.

Is my property suitable for Airbnb?

This is a question many property owners ask. Almost every type of property is suitable for Airbnb, as it aims to cater to the full spectrum of guest budgets. Airbnb stays must offer all the amenities one would expect in a home including access to clean, functioning kitchen and toilet facilities, and private, secure sleeping accommodation.

Many Airbnb hosts have a single room in a house or apartment to let for short-term stays. Naturally, whole homes and apartments are the more popular options for families and those seeking privacy.

At the other end of the scale, many Airbnb hosts are concerned that the significant investment they have made in their home may be at risk from rowdy or negligent guests. Airbnb has a feedback rating system to address these concerns and ensure that the host has the final approval of all guests who intend to stay at their property. Hosts can read through past reviews and ask potential guests questions about their intended stay prior to making a final decision.

Hosts have an option to include a one-off cleaning fee component in the pricing which can be costed to include property management and housekeeping charges. This can mean caretaking of the property becomes cost-neutral.

How to create a secure, comfortable retirement using Airbnb 

Let’s do some number crunching to compare the income generated through long-term rental as opposed to Airbnb in a popular location such as Broadbeach in Queensland. Using realestate.com.au as a guide, a long-term tenancy for a one-bedroom apartment can expect a rental yield of around $590 per week in this location. Annual expenses on this property will likely include exorbitant body corporate fees of upwards of $300 per week, making the rental yield comparatively small. 

Compare this to a similar property rented nightly through Airbnb which would attract a return of approximately $210 per night – bringing in more than the long-term rental in only three nights!

Furthermore, Airbnb’s calendar allows hosts to block out periods of time when they can use the property for a vacation or allow friends and family to stay – perfect.

Is managing an Airbnb property hard?

Cleaning and maintaining an Airbnb is demanding and time-consuming, as guests expect every level of property to be immaculate, regardless of their budget. Using a professional property management service like Oasis Stay takes the guesswork out of being an Airbnb host. Our local operators deliver full-service property management including maintenance and housekeeping. We can even assist with property styling and photography!

Contact the team at Oasis Stay today and let’s start the conversation that can lead you to a secure financial future through Airbnb hosting.

Queensland Airbnb Guide: What Makes QLD the Perfect Airbnb Destination?

in AIRBNB, AIRBNB HOSTING TIPS by admin

Ah, Queensland. Beautiful one day, profitable the next. 

What comes to mind when you think of Queensland? Perhaps the pristine beaches, Great Barrier Reef, lush rainforests, natural wildlife or the year-round sunshine. Whatever it is, Queensland has the lot. It is no wonder then that it is one of Australia’s top destinations for local and overseas tourists – the perfect Airbnb destination that can be a property investor’s key to a secure, stress-free future. 

As a leading provider of Airbnb management services in Queensland, let’s take a deep dive into why hosting an Airbnb property in Queensland makes good financial sense.

Number Crunching

Consider this – every year approximately 27 million domestic and international visitors flock to the Sunshine State. In fact, Queensland is one of the top three states in Australia where visitors spend most of their time. Furthermore, according to Airbnb statistics, four Queensland cities – Sunshine Coast, Gold Coast, Cairns and Brisbane are in the top 10 list of the most profitable locations to run an Airbnb in the whole country!

Coastal cities north and south of Brisbane are significantly cheaper to purchase an investment property than either Sydney or Melbourne yet with far greater abundance of attractions. Numbers don’t lie – coastal property in Queensland translates to significant returns on investment.

Benefits of Airbnb

Before considering leasing out your property, it may be wise to take the time to analyse the pros and cons of short versus long-term leasing of your Queensland property. 

On the long-term rental market, the average 3-bedroom home on the Gold Coast is fetching between $500 and $600 per week. During peak periods that same home may yield that return in just one or two days with Airbnb!

An added bonus is that, unlike permanent rentals, with Airbnb your property is available to use whenever you want – just block out the days, weeks or even months on your Airbnb calendar when you want to take up residence.

Irresistible Attractions

The beauty of Queensland is that there are so many attractions to make your property desirable. Some of the most popular sought-after areas are around the Gold Coast, Sunshine Coast and Surfers Paradise where tourists and visitors are drawn to the stunning beaches, world-class shopping and vibrant nightlife.

It is no surprise that the magic expanse between the Gold Coast and the Sunshine Coast has become a mecca for local and interstate buyers looking for strong returns on their property investment. 

Gold Coast

With its myriad of five-star hotels and seminar venues, the Gold Coast has become the conference capital of Australia. With Airbnb operating on seasonal peaks and trough pricing, the Gold Coast is a goldmine of peak pricing for hosts. The demand for accommodation for popular events can see the overflow extend in a wide arc into the surrounding suburbs. 

The Gold Coast is also home to the best theme parks in Australia including Warner Bros. Movie World, Sea World and Wet ’n’ Wild. For Airbnb hosts, this area is a goldmine as families with children seek accommodation that can house their children and provide cooking facilities, to save on the crippling cost of eating out every night.

Surfers Paradise

We can’t talk about the Gold Coast without mentioning the iconic Surfers Paradise. As the Gold Coast’s tourist hub, Surfers Paradise attracts over 4 million visitors per year – a magnet to bronzed, barefoot wave worshippers drawn from across Australia and around the world. Many Southerners, from Melbourne and Sydney have invested in the magnificent apartment blocks which dot the horizon down the coast. Tenanted only for short periods throughout the year by the owners, furnished and with all the amenities in place, these apartments are ripe to be utilised as Airbnb accommodation.

Being an Airbnb host can also mitigate any body corporate fees that are a hidden cost all apartment complex owners must pay on an ongoing basis. Setting up your property to pay for itself just makes good logical sense.

Where to Now?

If you are thinking about investing in an Airbnb property in Queensland or you already have a property available – rather than rent it, why not Airbnb it? With exceptional property management specialists like Oasis Stay, Airbnb hosts can have a ‘set and forget’ high-yield investment. With all the benefits of Airbnb plainly evident, finding a management service that prioritises your home and protects your investment, is the first step. At Oasis Property Management we are here to take the guesswork out of Airbnb hosting. Contact us today to discuss what we can do for you.

How to Start A Vacation Rental Business?

in AIRBNB by admin

Vacation rental business is the freshly baked cake on the menu these days which everyone wants to grab a taste of. It is one of the few highly booming industries these days and does hold immense potential.

However, before you set foot in this business, it is imperative to understand how it works, the efforts needed to do the groundwork, and what you can expect of it in the long run.

Understanding a vacation rental business:

Vacation rental is nothing but handing out properties on rent to families or groups of people on vacation. This drastically different from staying in a hotel and comes with plenty of added benefits that one would expect to find in a home.

Access to local culture, having one’s own kitchen, back and front yards, pools, and ample privacy are a few of the perks of staying in a rented home on vacation. A vacation rental business involves handling such homes and renting them out to clients.

It also includes the acquisition of such properties, dealing with homeowners, ensuring the privacy and safety of clients while on their stay in addition to maintaining and marketing your business.

How can one start a rental business?

Starting any sort of business is not the most important or difficult part. The real challenge lies in willing to put the consistent work needed and doing everything in your power to make it run.

Speaking of the vacation rental business, there are broadly two ways which you can go about:

RENTING OUT YOUR OWN PROPERTIES:

If you intend to purchase your own property before handing it out on rent, there is considerable work to be done. You need to analyze which locations are the hot-spot for a steady flow of guests in addition to landing the best price while purchasing and renting out your property.

RENTING OUT AND MANAGING OTHERS’ PROPERTIES:

This is a comparatively easier option, especially if you’re new to this business and want to gain enough momentum before you purchase your own property. The challenge here is to assure homeowners to place their trust in you with their property and for you to fetch the best deals and on-going clients for them.

Once you decide how you want to go about it, the rest of the work pretty much boils down to this: Acquiring clients. Here are the 4 major aspects your need to consider to attract the best clients:

  1. Location:

Seasonality:

If you want to churn consistent profits all year long, go for evergreen locations in trendy, urban areas that attract families on vacation any time of the year.

If you intend to be a little relaxed in your approach willing to address clients a few months of the year while dedicating the rest of the time to growing and building your brand, you can opt for remote locations. These appeal to tourists only in certain specific seasons of the year.

Choose your location as per your drive to run your business and profit will flow accordingly.

Demand:

It is important that your vacation rental draws clients in. ensure you choose a location with plenty of tourist attractions and popular spots so that clients are willing to drop in and stay at your site.

Supply:

Try standing out from the rest of the mediocre short-term rentals available everywhere. Maybe opt for a villa or an apartment that very few others are providing so that you can attract the best deals.

  1. Pricing:

As far the pricing is concerned, the best way is to find that sweet spot of the accurate pricing based on how the demand for that particular season is. Raise your lower your prices as per the seasons so that you maximize your profits all year long.

The vacation rental business is quite promising drawing well over $80 million in revenue in 2019 alone. True that your income will fluctuate depending on the kind of property you rent, the service you provide, and the location you’re in. However, implementing the right techniques can cause your business to skyrocket in the long run.

  1. Personnel:

In order to gain momentum, leveraging your business is a must. However, you need to pay close attention to the staff you hire to maintain the property and attend to clients in your absence. A capable and reliable team providing assistance with managerial duties is what you need. A mistake here can mean the difference between making or breaking your business.

  1. Technology:

Make use of a reliable software to handle bookings from guests, managing your team, delivering top-notch service, gaining feedback, and so on. You can even design custom guidebooks through a designated software and hand them out to clients to make a long-lasting and professional impression.

How do you proceed?

Now that you have the above-mentioned aspects covered, it is time to pitch your proposals to homeowners in the areas that you intend to work in. If you’re a homeowner yourself, nothing like it. With the latest techniques and technology within your business, you can very well make a strong impression that you mean serious business and are here to stay.

This also assures the homeowners that you’ll work towards maximizing their returns. When they see that you can cash in on their properties for the best, it’ll draw them to do business with you.

Summing it up:

Like any other business, starting and building a vacation rental business takes time and plenty of effort to make it look like an overnight success. All you need to do stay consistent with the right tactics to make your business work and very soon you’ll witness a huge surge of rewards coming your way!

Why the Mornington Peninsula is the Perfect Place For Airbnbs

in AIRBNB by admin

What creates the ideal Airbnb location? This is a question that is quite difficult to answer, but one that is essential for property investors looking to get the most out of their property. The simple fact is that Airbnb trends are constantly changing, and what may be an incredibly desirable feature at one point in time may not always be quite as sought after by potential short-stay tenants. So, when you’re looking for signs that an area is ideal for short-stay accommodation, it’s important to try and find the features and elements that are always in demand, and that’s where the Mornington Peninsula comes in.

As one of Australia’s premier tourist destinations, the Mornington Peninsula has maintained a reputation as the ideal spot for a stunning getaway, both with locals and international visitors alike. The picturesque ocean views mixed with a decadent selection of fine dining options and much, much more have allowed this singular area to maintain a heavy flow of visitors looking for short-stay accommodation, a fact that will come as no surprise to anyone who has ever had the good fortune of experiencing it for themselves.

So, whether you’re a property owner in the Mornington Peninsula weighing their options with the short-stay rental market or a property investor looking for their next big income stream, let’s take a closer look at what this incredible vista has to offer.

Property Spotlight: The Great Entertainer

It’s not hard to find successful Airbnb properties in the area, but as a provider of Airbnb Management for the Mornington Peninsula, we thought it would be best to look at one that is in our care. After all, at Oasis Stay, we pride ourselves on providing visitors and owners alike with service that exceeds their expectations for quality and care. So, if we’re showing off the benefits that a Mornington Peninsula short-stay rental property can offer, it’s best that we put our money where our mouth is.

The Great Entertainer is a three-bedroom, three-bathroom full-house rental property in the heart of Rye, one of the Mornington Peninsula’s more popular getaway towns. This solid-built coastal home boasts a luxurious pool, a spa, ample outdoor space and stunning interiors, whilst also being within walking distance of the Peninsula’s many sights, sounds and scenic views. Maintaining a consistent flow of visitors and a near-perfect 4.96 rating, it’s clear that visitors have adored their experience:

So, Why is the Mornington Peninsula So Popular For Airbnb?

Located just one hour from Melbourne, the Mornington Peninsula offers the best of both worlds in a lot of ways. Close enough to the major cities whilst still providing a secluded, luxurious coastal experience, it is the perfect place for those that want the joys of travel, without the hassle that comes with long-distance drives. Not only that, but for those who are looking to experience a large number of activities or locales in a short amount of time, the Mornington Peninsula is as varied as it is beautiful.

From the geothermal springs creating a thriving industry of spa and relaxation options to the wealth of wineries and world-class restaurants making use of the deliciously fresh local produce, it’s easy to find yourself overwhelmed with the number of choices at your doorstep. If you find yourself drawn more towards the local art and culture, then the Mornington Peninsula’s thriving galleries and sculpture parks are sure to help you scratch that itch. Whether you’re a family, a couple, a group of friends, or simply travelling alone, the Mornington Peninsula has something for everyone.

Airbnbs in 2020-21

For many who rely on Airbnb for their income, the lockdowns and travel bans imposed due to COVID-19 restrictions led to an incredibly uncertain time. These new conditions were unprecedented, and it was very difficult for experts to provide any direction or forecasts of how this would impact owners in different areas. However, whilst many areas did see their short-term rental markets take an enormous hit with the lack of international travellers, the Mornington Peninsula fared very favourably due to an enormous increase in domestic travellers from areas like Melbourne. Without the ability to travel abroad, people set their sites inward, and what better place for a domestic getaway than the ever-iconic Melbourne Peninsula? This trend continues now, and can be seen in our extremely high booking rates during the final quarter of 2021:

Even in the most difficult of times, Mornington Peninsula property owners have still managed to maintain an impressive income through short-stay rental accommodation options. So, if you’ve been on the fence about whether Mornington Peninsula Airbnb rentals are the right next step, you can rest assured knowing that the trends continue to be in your favour.

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So, are you ready to work with the Mornington Peninsula Airbnb specialists? Offering a responsive local team of property rental experts, as well as professional cleaning, photography and maintenance services, Oasis Stay can handle each and every part of your Airbnb experience. We also offer Airbnb Management for Melbourne and other major Australian cities, so contact us today to find out what we can do for you.

What Makes Melbourne an Ideal Airbnb Location?

in AIRBNB by admin

Melbourne is an absolutely incredible place when you think about it. Offering stunning vistas, bustling business centres and a thriving community of artists, designers and artisans rarely rivalled in the world, it’s truly a special place. With that said, when global property investors are thinking of buying for the purposes of short-stay rentals, Melbourne, Australia may not necessarily be on their radar as a top pick.

This is by n means to say that Melbourne isn’t successful in terms of Airbnb usage and acquisition, quite the contrary; it simply means that there are a lot of people that don’t know what makes Melbourne an ideal Airbnb location. As an Airbnb property management service in Melbourne and the Greater Melbourne area, we at Oasis Stay have a lot of love for this area. We live here, we work here, and we know better than most what makes it so unequivocally desirable.

So, let’s take a quick look at the world of Airbnbs in Melbourne, and see what makes this such a perfect combination.

As anyone who has had the pleasure of walking through Melbourne’s Central Business District will know, the city is an enormous hub for businesses from across the globe. Brands from America, England, China, Japan and more all come together in the heart of Melbourne to grow their businesses and make their names known. Because of this, Melbourne receives a considerable number of international travellers, all of which need nice places to rest and relax in their free hours.

From startups to some of the world’s largest brands, businesses are constantly drawn to Melbourne’s shores, and this makes Airbnb ownership in Melbourne incredibly lucrative. Not only does this provide a wealth of new potential short-stay renters every day to promote your Airbnb property to, but given that many businesses will be paying for their employees to stay in the area, their budgets will often be quite a bit higher than your usual traveller. In other words, it’s a perfect place for the owner and the visitor alike.

Stunning Surrounds

Unlike some areas in which all of the fun and excitement tends to be centralised to a few specific hubs, Australia’s stunning vistas, serene nature and beautiful architecture all come together to make for a beautiful trip no matter what you’re looking for. Because of this, some areas of Greater Melbourne that are a little further out will still get a lot of visitors and interest simply because they still offer a lovely, soothing experience. From the beautiful beaches of the Mornington Peninsula to the scenic suburban life of Brighton, Melbourne’s stunningly varied offerings have something for everyone, even if your Airbnb property isn’t a short walk from the CBD.

Events, Events, Events

Outside of the standard business and family reasons, one of the primary signifiers that a boom in Airbnb demand is about to occur is a big event. So, naturally, any area that is constantly hosting large events is going to have a lot of opportunities to entice national and international visitors. For that, there are few better places than Melbourne, one of Australia’s biggest areas for events, shows, gigs, performances, and more! From Formula 1 to Melbourne’s very own White Night Festival (which will be held in three regional Victorian locations for its 2022 incarnation), Melbourne is practically always hosting something to draw in the crowds. So, as long as you can stand out from the crowd, preferably with a certain impeccable Melbourne Airbnb management service, there will always be opportunities to get bookings.

Australia in general is always going to draw in the crowds with its coastal destinations, theme parks, natural landscapes, arts, culture and more. However, even in this truly unique country, Melbourne still has something special to offer. That’s why Melbourne is known as the cultural capital, the coffee capital, and even the fashion capital. These accolades are certainly earned, and they bring in more and more visitors every year to see why Melbourne is so magnificent.

So, are you ready to take on the Melbourne Airbnb mantle and start getting more from your property? Speak with one of the property management specialists at Oasis Stay today.

Airbnb Rental Management In Windsor

in AIRBNB by admin

Do you own a property in Windsor? Are you looking to grow your money-making potential in the short-stay rental market? Well, as a leading Windsor Airbnb property management service, we at Oasis Stay are here to help you achieve your goals. Whether you’re a seasoned property investor looking to get more out of your properties, or you’re a homeowner simply looking for the best way to dip into the Windsor Airbnb market, Oasis Stay will be able to support you every step of the way.

Boost Your Rental Returns With Oasis Stay’s Windsor Airbnb Management Services

Windsor is an absolutely fantastic area. As one of Melbourne’s inner suburbs, it perfectly blends the laidback suburb lifestyle with the hustle and bustle that the city has become known for. Because of this, it’s quite a competitive area, with property owners across the area doing everything they can to stand out in the local Airbnb market. So, if you’re hoping to get your Windsor Airbnb property noticed by potential renters, you’ll need to make sure that you’re doing everything you can to stand out from the crowd.That’s where Oasis Stay comes in! As a leading Airbnb property management service in Windsor, Oasis Stay has a full suite of services aimed at giving both you and your guests everything you’ll need for a fantastic experience. From high-quality photography to cleaning, guest management, and much, much more, you can rest easy knowing that the work of managing your Airbnb is well taken care of. In other words, let the Oasis Stay team handle the day-to-day difficulties of keeping your Windsor Airbnb running smoothly.

Why Take On Oasis Stay For Your Windsor Airbnb Experience?

As touched on above, Melbourne is a busy, popular destination that has millions of visitors yearly who all need a comfortable place to stay. Because of this, the past decade has seen an enormous rise in Airbnb options and opportunities, meaning that competition is tough. You need to have excellent reviews, great photography, and a listing that stands out from the crowd if you want your Windsor Airbnb to really make an impact.The difficulty is that managing a successful Airbnb property is practically a full-time job, and if you want to do it right, it’s best to get help from the experts. Oasis Stay can handle practically every part of your Airbnb, with fees being a percentage of your earnings from the Windsor Airbnb property itself. In other words, our success is tied to your success, and therefore we are incentivised to get you the best yields we possibly can, all while handling the tricky parts of managing a successful short-stay Windsor rental.~

For more Airbnb Management services details of Melbourne, Sydney, Brisbane, Hobart or other cities, browse more details at the below link:

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So, are you ready to take the next step in your short-stay rental success? Contact one of our Windsor Airbnb management specialists today, and get more from your property!

 

5 Benefits of Using a Rental Property Management Service

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If you are looking for ways to diversify your income streams, investing in rental property is a great idea. However, the task of managing your property can be overwhelming and challenging, making it difficult for you to enjoy the perks of this investment. By hiring a professional property management service, you can rest assured that the day-to-day management is taken care of while enjoying the financial reward. Still not convinced? Here five more benefits you would experience from using a rental property management service.

Manage Your Short Stay Cycles

When you are ready to put your property up for rent, there are several tasks you would have to perform to ensure that it is prepared for the new tenants. However, this can be quite a handful for you to handle. A property manager reduces this burden by ensuring the necessary cosmetic improvements are made. They also ensure that the best rent rate is set to prevent you from losing potential tenants due to high prices and money due to low rates. They help you reach the perfect tenants through their effective marketing strategies. 

Offer Lower Maintenance And Repair Costs

Keeping your property in tip-top shape is essential yet expensive. However, with a reliable property management service, this is not a problem. When you hire a property manager, you also gain access to the company’s housekeeping and repair staff. Their trustworthy contractors are experienced, licensed, and insured to ensure that they provide good quality services at reasonable prices.

Provide More Freedom

Another benefit you enjoy from hiring a property manager is the freedom to invest in property anywhere across the globe. Suppose you live in another city or country, yet you own property or an Airbnb in Melbourne. In that case, you can rely on a property or Airbnb management service in Melbourne to ensure your property and tenants are in good condition. This would have been almost impossible without a property manager! 

Maximise Your Returns

Your property manager would want to see you make a fortune from your property. Therefore, they would keep you abreast with market rentals and if your position on rental increases. Due to their effective tenant retention policies, property managers can meet tenants’ various needs to ensure they are content during their stay in your property. Due to their efficient rent collection policies, you are also guaranteed a steady and reliable cash flow from your property without the stress of following up and upsetting tenants over rent payments. Here are more tips to maximise your rental returns.

Prevent Potential Legal Issues

You may not be aware of the various laws governing tenants and landlords. Luckily, your property manager does. The law covers a wide range of aspects concerning a property, such as lease addendums, rent collection, tenant screening, evictions, inspections, and so on. Since your property manager is aware and well-vested in the legal issues, they can help you save money and time by ensuring that you are not vulnerable to any legal threats. 

3 Must-Know Facts About Airbnb Hosting

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Airbnb service was launched in 2007 by Joe Gebbia and his friend Brian Chesky – the two had problems with paying expensive rental fees, so they decided to rent out three airbeds on their living room floor. The investment was a huge success, and the business duo built the Airbnb startup into a 25 billion dollar company in 12 years with branches in over 90 countries worldwide. Apart from this impressive initiative, here are other facts you should know. 

Airbnb Hosting Charges Fees And Reviews Properties

With Airbnb hosting, property management service providers can rent out their extra bedroom spaces to travellers. The company charges a 3% fee to homeowners, while travellers also pay about 6% to 15% service fee. Both travellers and their hosts have the opportunity to review each other when the staying period is over. More than 70% of properties in Airbnb listings are entire properties. The public review system makes it easy to see the trust score of potential visitors and hosts.

Airbnb Hosting Is Cost-Effective

In terms of cost savings, Airbnb is far cheaper than booking regular hotels. With Airbnb, you can rent an entire apartment for as low as $20 per person per night. On the contrary, in central locations, a hotel room for two people can cost them $45 each per night. Some landlords and property management companies provide their hosts with essential amenities like WiFi connection, a fully furnished kitchen and satellite TV. These facilities are suitable for travelling families and their kids on a short stay.

Airbnb Housekeeping Safety And Insurance

In Australia, Airbnb management service Melbourne screens visitors by verifying their contact details and payment information. Property owners can set out their criteria for travellers to meet before booking their properties. Airbnb Management offers liability insurance of up to $1 million to protect property owners against personal injury and property damage to ensure host protection.