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How Much Can You Earn As A Host On Airbnb?

Thinking of dipping your toes into the short-term rental market? Beginning your investment by calculating your income potential as a host is a great way to start.

  Central location in Lewis, lovely small house just as described, and exactly what we were looking for.

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1/22/2024

Working Out Yields & Profits

Here’s the first thing you need to know: Airbnb has the power to provide a straightforward, lucrative passive income. But at the same time, that income will depend on factors like your pricing strategy, management approach, market USPs, location and property type.

However, unlike other websites, we’re not pretending to have an Airbnb calculator to show you that you’ll earn thousands in your first week or to get your information. We’re realistic. What we do promise is to show you how you can gauge rather accurately what your property can expect to earn through data and tools, and at the same time, educate you on all the moving parts and key variables.

Sultana Rabiya
Sultana Rabiya
30. March, 2023.
Great company with great people. Always responds on time.
leech3333
leech3333
5. March, 2023.
Highly reputable company, trustworthy and professional. Excellent management team, would definitely recommend to friends and family.
Christine James
Christine James
27. February, 2023.
Great service!! Really helpful with any queries we have, nothing too much trouble. Highly recommend!
Jack Beattie
Jack Beattie
22. February, 2023.
Thank you to everyone at Helloguest, appreciate all the help getting my property listed and booked out for the periods when I'm away. Veronica and Emily helped me get things set up and gave good advice on how to best furnish the flat including getting a sofa bed for extra guests. Customer service have always responded quickly and blocked dates for my stays. Would recommend to anyone looking for an Airbnb or short term rental management service.
Mariann Komar
Mariann Komar
24. January, 2023.
As a property owner it took a lot of time and work to manage bookings. Now that I found Helloguest I don't have to worry about anything while I'm abroad. They organize cleaning, take care of the guests and solve the maintenance issues. They also manage and advertise my place on many platforms. I can honestly recommend them because I'm very happy with their service. I know my place is in good hands.
Peter Hudson
Peter Hudson
24. January, 2023.
Helloguest have been managing my property for a number of years and I have found them to be honest, efficient and helpful. I would recommend them.
B Sykes
B Sykes
14. December, 2022.
I switched to HelloGuest after using another agency, which almost put me off Airbnb for good. Toby and Veronica however, have been incredible in turning things around. Property was managed well, cleaning all taken care of and looks like guests couldn't be happier. Would 100% recommend their services to anyone in need of Airbnb management in London or beyond.

How Much Can You Expect To Make?

On average, hosts in the UK can earn a minimum of £1,000 per month, with some hosts earning up to £3,500 per month depending on demand, property and location.

A simple approach to working out your return on investment is by multiplying your price per night by the number of nights the property will be available. But this is not entirely accurate when taking into consideration expenses, utilities and taxes.

Income Factors

It can be difficult to determine your profit potential at Airbnb as there are so many varying factors. For example, your location, the type of property you rent out, your pricing strategy, your cancellation policy and your approach to management are all factors you should take into consideration. Not to mention the number of booking channels you advertise on and how you plan to market your holiday let.

For example, seaside resorts do well in the summer but not so well in the winter. Locations in Dorset can earn a considerable amount in the summer but expect lower nightly rates during the winter.

But savvy hosts, who know the ins and outs of marketing their listing, can adapt their pad during the colder months to make it more attractive for potential guests, like introducing winter glamping, fireplaces and warm lighting and furnishings to reflect the changing season.

Tools To Use

 

Using tools like AirDNA can help newbie hosts make informed decisions about renting out their home or apartment and gain insights into the financial rewards that can be made.

For example, the tool shows you the average income of Airbnb properties in peak periods and off-season so you can get a good idea of what you can expect to make. It will also dive deeper into what properties do well on Airbnb, the size of the properties most booked and the types of amenities they offer.

Other tools, like Airbtics, can help you assess your annual revenue and earning potential.

What Your Income Will Be Affected By

Remember your profit potential and the amount you’ll walk home with are also affected by the following:

Earn Even More

Other Airbnb management services in the capital and beyond usually take a commission fee between 13-20%. HelloGuest only charges 12%. Is now a good time to switch? Learn more about our management fees.

Book A Free Earnings Assessment

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Name

Toby France

Income Growth Manager

Toby’s main role is managing all of our holiday homes, ensuring they hit KPIs and maximise their monthly turnover.

Veronica Tribolati

Guest Communications

Being a natural extrovert and a go-getter, Veronica is a great communicator and is the face of HelloGuest.