Calling a janitor is good. But is it really profitable for you, the owner of the property rented on the platform?
The Airbnb adventure requires huge sacrifices. Both financially, because you have to arrange the rented accommodation, photograph it... and in terms of time. It is necessary to spend many hours to refine its advertisement, to maintain its housing in state, to make the entries-exits, to earn money. The alternative to all these worries is to use the services of a concierge. But is it really profitable for a guest to use such a company? What does the host actually gain?
The choice between relatives and concierge services
To avoid spending all your time in front of the computer to improve the attractiveness of your ad or in your home to hand over the keys to the tenants, collect them when they leave and do the cleaning, there are many solutions. You can call on a friend who is on the sidelines and has time to spare. You can also call on that nice neighbour who is just asking for help.
However, when you don't want to disturb anyone's peace of mind, you have to do everything yourself. Easier said than done. Especially when vacation rentals are only a secondary activity. It's hard to find time to organise, plan, manage everything. That's where the concierge service comes in. A kind of rental accommodation manager on Airbnb, and other seasonal rental platforms.
Of course the services of a concierge are paid for. This will inevitably have an impact on your income and consequently on your profits. What's the point of continuing to do vacation rentals if you don't earn money? That's where you're wrong, however, because using the services of a concierge can make you earn a lot of money. Both in terms of time and money.
Save time with a concierge service
The time you invest in the maintenance of your home and the management of its advertisement on Airbnb can indeed be profitable elsewhere. How long has it been since you invited your partner to the cinema? To a restaurant? That you haven't visited your parents? Haven't been out with your best friends from work?
Thanks to a concierge service, these things that you are depriving yourself of for the sake of profitability of your accommodation on Airbnb are completely feasible. Indeed, according to figures collected by metric analysis institutes, on average for an accommodation in Paris, the host can save up to 7 hours of time per week. In the provinces, it goes even further, up to 12 hours earned per week.
This significant gain gives you back some control over your schedule, but above all, it gives you seconds, minutes and extra hours to spend with your loved ones or to go to other activities.
You can also earn money with a concierge service.
Generally speaking, a concierge service can multiply your profits by up to 30%. Indeed, when you call upon a company of this type, and they take care of your home from A to Z, advertising and marketing are also at their charge. As a result, the reservations + rentals of your accommodation can be substantially multiplied.
Of course, the vast majority of concierge services charge about 20% of the income of the rented accommodation. However, these are most often the basic fees charged to your tenants. That is to say the cleaning fees among others. As a result, once the concierge's operating costs have been deducted from your income, you are still left with your basic profits, coupled with a mark-up linked to the extra rent created by the campaigns to promote your accommodation.
