Boutique co-hosts advice

[Lisa9607]

Hi! My daughter and I are beginning a boutique short-term rental co-hosting service.  I have experience co-hosting when I worked at a property management company.  As owners, what are the top 3 things that you would want from a co-host? Do you regularly look at your ROI or just profit/loss numbers?  Thank you! Lisa

[Lorna170]

1.   Cleaning

2.  Cleaning

3.  Solve Guest Issues

Anyone who is getting into the hosting business should have a realistic bottom line -- i.e., how many nights of rentals per month do they need to cover their costs?  How many nights of rentals can they expect to have per month?   (Too many new AirBnB hosts have crazy profit expectations.)

Lisa, as a co-host you will need to tell your owners how they are going to benefit from your services.  It is great to take on the paperwork, but since AirBnB takes a big chunk just for "hosting the website", how are you going to promote rentals and create larger profits for your owners?  My last property manager nickel and dimed me for every guest contact and had NO clue what the cleaning staff was doing or not doing.  

[Paula]

Hello @Lisa9607,  I hope all is going well with you.

Thank you for bringing up such an interesting question in our community. Have you had a chance to read Lorna's comment?

Additionally, I recommend exploring the official Airbnb co-hosting webpage for a deeper understanding of the co-hosting business model.

Regards,