April 8, 2018

Airbnb customers will pay more for smart homes.

If you have a short-term rental property and are looking for ways to get higher daily payments, you may want to add smart features to your home. A recent survey of 1,000 U.S. adult apartment renters found 57% would be willing to pay more if the accommodation included smart technology. It also found that renters would even prefer having smart technology features over a pool. This is an interesting and easy way owners can increase the amount they can ask for their properties without losing bookings.


According to the report, some of the main features renters look for include:

  1. High-speed     internet and/or cable TV
  2. In-home     washers and dryers
  3. Ability     to pay rent online
  4. Gym/fitness     center
  5. Smart     home features (e.g. keyless entry, smart thermostat)


Given that the major short-term rental platforms already offer online payments, the addition of some of these other features - if included in property descriptions - would differentiate them from other listings and justify a slightly higher daily rate.


The survey discovered that the renters see security features like doorbell cameras, keyless entry with special codes for guests and a security system as items they would willingly pay more for. Installing many of these preferred features costs much less than you may think. If you can get even $5 or $10 more a day by having them, then it does not take too long to recoup the expense.


Given that hosts using the “disruptive” rental platforms are already embracing modern technology to their benefit, the addition of smart home features may soon be a common occurrence. Hosts who adopt this technology first will gain financially and possibly qualify for perks such as Airbnb Plus.

Chang Kim

My name is Chang and I manage operations at Voyajoy. I've been in the short-term rental space for the last four years and have an operations career dating back 20+ years. I've learned about vacation rental management the hard way and have seen how quickly this industry has changed in a very short time. My objective is to use this experience and knowledge to give our valued clients big competitive advantages.

Rental Management
Rental management software
San Francisco
short-term rental
short-term rental management
Short-term rental management
Vacation Rentals

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