There are a lot of vacant houses, is it appropriate to do short-term rental? Can I go back to my house for a few days a year to do? Can my house be a bed and breakfast soon? My house can’t be rented out for long-term rent, can I make short-term rent? Today I will explain to you, under what circumstances your house is more suitable as a bed and breakfast.
The situation of the homestay industry
The past few years have been a year of savage growth and capital competition in the homestay industry, as well as a year in which the industry is full of voices and doubts. Some people call this year the “year of elimination” for the homestay industry, some actively embrace capital, and the brand alliance has done so well, while others have forged ahead to increase the inventory of houses around the world.
The trend of the homestay market has gone from domestic competition to overseas competition.
It is fundamentally China, the world’s largest outbound tourism market, that attracts capital to chase. The number of tourists exceeds 100 million, and the consumption of a single trip is the world’s first. The considerable total market has caused domestic tourism giants to gather their eyes. In overseas business, especially the homestay industry which has been hot in the past two years. As soon as the housing-sharing economy appeared, it stood on the opposite side of the hotel and became the biggest competitor in the sub-dish accommodation market. In terms of products, hotels are the products of standardization, and B&Bs that emphasize personalization and staying experience are representatives of non-standard accommodations. Some people say that homestay has more tourism genes than hotels. In recent years, on the one hand, the rapid growth of the homestay industry, on the one hand, the solidification of the standardized operation model of the traditional hotel market, the market tends to be saturated, and even brand hotels in some regions are aging.
Wanjia believes that consumption upgrades have spawned non-standard accommodations, and also promoted the overall reshuffle and development of the accommodation industry. Only players who continue to think from the perspective of consumers and continue to enhance various diversified needs and accommodation experience can go. Is better.
When is it suitable to be a homesta
When you can’t rent it out
The first is that the surrounding houses are too dense, and there are many houses in the new settle. In this case, when the rental supply of houses far exceeds the demand, the long-term rental channel of houses becomes a problem.
Long-term rental prices can be low or low, or you can’t rent out. At this time, you can consider doing a homestay to solve the problem of empty rental.
High vacancy costs
Some people will say that my house does not worry about renting. Although there is no long contract, I can find new tenants in a few weeks after the end of the contract.
There is a case where the long-term rental price in the housing market is 700, and the long-term rental is down for one year. Assuming that the rental period is 10 months, although the two months in the middle are vacant, the wrong concept is that some people will think that the whole year will come down. He still has 700 earnings per week.
In fact, we carefully calculated that we deducted the long-term rental management fee and vacancy period, and his real weekly income was (700(52-8)-700)0.95/52=550.
At this time, in fact, the homestay is also more suitable for investment in this situation.
Need to use it regularly
The time when the long-term lease ends is never connected to the vacation time is a topic that is often encountered. In this case, the flexibility of the homestay can be shown. Lock his orders for the period of his vacation every year, so that he can live on his own and generate huge profits, without wasting a day of use.
There is a plan to sell a house, no long-term rent
Once there is a plan to sell a house, under normal circumstances, investors will vacate the house, so that people who are interested in buying can see the house at any time, and long-term rent will be difficult to meet such requirements.
On the contrary, the flexibility of the short-stay homestay is reflected once again. When you want to see the room, you only need to lock the order of the day a few days in advance, which not only provides convenience, but also provides an additional income during the vacancy period.
House maintenance
Investors who have done long-term rentals must have had a painful experience. After checking out, they found that the interior of the house was seriously damaged, the entire carpet needs to be replaced, and the odor is difficult to eliminate. Even more irresponsible tenants have directly wrapped their bags and escaped after the destruction. These examples are numerous. In fact, the homestay can solve the corresponding problem. Compared with long-term rentals, short-term rentals are actually more frequently maintained. Comprehensive inspection and cleaning after each check-out, and a comprehensive compensation system are all providing a layer of security barriers for the house.
The difference between Chinese homestay and Australian homestay
The homestay industry in China differs from that in foreign countries in terms of cultural and human touch. Foreign homestays really live in other people’s homes and live with the homeowner, making them feel more at home. In some places in Taiwan, Japan, or Southeast Asia, you can even experience the local folklore characteristics. For example, many Japanese house houses have decades of history, and there are dozens of old objects such as books in the house. Many homestay owners will even prepare an authentic local breakfast for customers staying in the morning. However, many people in China are full-time landlords, and I don’t live here.
China has a big trend in the past two years, that is, consumption upgrade. One of them is that household consumption is on the rise. Traveling accommodation is not enough to stay in ordinary hotels and may require more space. However, the tendency of many people to do boutiques, boutique hotels, and cultural hotels is actually misleading for consumers and a misunderstanding in the development of homestays.
Judging from the policy of starting a homestay, Australia should be relatively accommodating. According to the existing homestay conditions in Australia, it can be realized that while emphasizing the sharing of accommodation with the host, it can ensure that the tenant is an independent activity space. B&Bs appear in areas with developed rural tourism or in hot tourist areas, and Australia is also dominant in this area.
