5 ways to boost your Short Term Rental earnings
As a short-term rental owner, maximising your revenue is always a top priority. One of the most effective ways to increase bookings, elevate guest experience, and drive higher profits is by adding a hot tub to your property.
A hot tub isn’t just a luxury—it’s a strategic investment. According to industry research, hot tubs are the number one searched amenity, with 57% of traveler's filtering listings to include them. Here are five powerful ways a hot tub can increase your earnings and give you a competitive edge.
1. Charge Higher Nightly Rates
A hot tub adds an undeniable touch of luxury, allowing you to charge more per night. Recent reports indicate that properties with hot tubs command an additional £200 per week on average. Guests are willing to pay extra for premium amenities, making this an easy way to boost your revenue.
2. Increase Occupancy Year-Round
Hot tubs attract more guests, particularly during cooler months, helping you maintain a higher occupancy rate. While the average short-term rental occupancy sits around 60% per annum, properties with hot tubs see this jump to 80% per annum. More bookings mean more earnings!
3. Encourage Longer Stays
Traveler's today seek relaxation and wellness experiences. Studies show that 50% of guests prioritise physical and mental well-being when choosing their next getaway. A hot tub encourages guests to extend their stay, increasing your average booking duration and overall profits.
4. Improve Reviews & Visibility
Five-star reviews are the backbone of any successful rental business. Guests who enjoy premium amenities like a hot tub are more likely to leave glowing reviews, improving your property’s ranking on booking platforms. Enhanced visibility leads to more bookings and a steady stream of happy guests.
5. Effortless Maintenance & Management
Worried about upkeep? Modern hot tubs are designed for low-maintenance and easy operation. Advanced filtration and self-cleaning systems ensure that your investment remains hassle-free, allowing you to focus on delivering top-notch hospitality.
Boost Your Rental Revenue with LiBi Collection
Ready to unlock the full earning potential of your short-term rental? The LiBi Trade Collection connects property owners with industry-leading amenities like Jacuzzi Group's Sun & Soul hot tubs. Elevate your guest experience, attract more bookings, and enjoy higher earnings today!