This book is for anyone wanting to participate in the exponentially growing sharing economy. It helps property-owners unlock new income and makes the process of sharing your property with travellers fun.
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Gabriela Domicelj and Derek Young became homeshare hosts accidentally. After living in their 9-acre property in the Blue Mountains, Australia, for two years, they moved to Singapore for work. They were reluctant to sell the property, so they asked friends to manage short-term rentals with the view to covering the property's costs. After a couple of years, they saw an opportunity to formalise the business and to drive both excellence and profit. Today, they are passionate supporters of the sharing economy, the growing Airbnb industry and delivering the 'perfect' guest experience.
Derek Young has worked in wealth management for 30 years, providing fee-based financial advice to private clients in Hong Kong, Singapore, Thailand and Australia. Gabriela has 25 years' experience in management consulting and 5 years' experience in film production, focusing on documentaries which tell the stories of private individuals and companies.
"Gabriela's and Derek's unique experience in management consulting, financial services and vacation rental operations shines in this definitive book on the best practices to perfect a short-term rental business" Scott Shatford, CEO of AirDNA
Home stays are a global phenomenon whereby anybody can share their home with guests in exchange for monetary compensation or help on their property.
The Home Stay Guide offers frank and practical advice both for those who are thinking about embarking on the homeshare journey and for hosts who want to build a profitable, professional and sustainable business and may already be offering their home or investment property as short-term accommodation. The book includes easy-to-follow steps on everything hosts need to know: how to choose an online travel agent (like Airbnb), set nightly rates, offer a wonderful guest experience, transition efficiently between guest groups, come up with great marketing ideas and ensure your business is making money. It is full of useful checklists, tools and scorecards designed to give your homestay business a flying start or, for existing hosts, to make it even more successful.
Written by experienced, self-taught hosts who are dedicated to providing the best possible guest experience, this book provides real-life insights into the day-to-day experience of running a homestay and the lessons learned along the way.
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