Managing multiple listings on Airbnb can be tricky. You can either choose to have a single account for all properties, or there’s an option of creating a new account for each. Property owners, who are keen on making regular and considerable profits, often hire managers to do the job. These managers can handle all sorts of Airbnb management challenges and tasks, right from bookings and cancellations to guest communication. However, if you don’t have that kind of resources, we have a few ideas for your help!
Consider investing in vacation rental software
You will be surprised to know that many property managers actually rely on vacation rental software for managing clients and their listings. These are professional people, who often work with more than one investor, and therefore, these software systems are quite handy for their regular needs. If you own more than two or three properties, you should consider using a top-rated vacation rental software system. These systems have many features, such as consolidated dashboard, integrated inbox and frequent updates, which can ease the task of supervision and management.
Define your goals
Every property is unique, and therefore, the corresponding pricing strategy should be exclusive, as well. Many investors don’t want to increase the occupancy rate, because they are more interested in getting a higher price per night. On the contrary, others might want to have a better occupancy rate, because they don’t want to have an empty listing every other day. A number of property owners don’t want to take up the task and hassles related to daily and short-stay bookings. Instead, they try to reach guests, who would stay for at least two weeks. Your financial goals such as Airbnb income and other objectives related to a listing largely determine your management approach.
Focus on communication
As a property owner, you need to know the genuine feedback of your guests for better Airbnb management. Being accessible and approachable is extremely imperative, because travelers want hosts to offer information and other assistance, apart from being available to handle complaints and concerns. If you want to improve the ratings and reviews, which will eventually help in getting more bookings, you have to be as communicative as possible.
Delegate a few tasks
It’s impossible to oversee the maintenance and upkeep of each property every single day. Investors have many other concerns, and it’s a wise step to delegate some of these tasks to third-party services. You can find companies offering specific services for Airbnb hosts with the option of multiple packages, depending on their needs and custom requirements.
Hire an assistant
Property managers are expensive, but you can always find an assistant, who will do the regular tasks for you. Besides replying to guests on time, your assistant can also keep you updated on other information that he might find on the rental management software. You can also get additional feedback on reviews and complaints, which can be addressed at a personal level.