Making Money from Your Home whilst you Travel

“Don't tell me how educated you are, tell me how much you travelled."” - Mohammed

Introduction:

Leaving your home unoccupied for long periods doesn’t mean it has to remain a financial drain. Whether you’re a frequent traveller or a business traveller, your empty home can generate a steady income stream.

With the right strategy—such as hiring an Airbnb management company—you can turn your property into a lucrative asset with minimal effort.

The Financial Potential of an Empty Home

Many homeowners are unaware of the earning potential their empty home holds. According to a study by Inside Airbnb, hosts in major cities earn an average of £3,000 per month from short-term rentals. Instead of letting your property sit idle, you could be making money while you're away.

Why Short-Term Rentals Are a Smart Choice

• Higher returns compared to long-term letting

• Flexibility to use the home when needed

• Opportunity to attract frequent travellers and business travellers looking for quality stays

Employing an Airbnb Management Company

Managing a short-term rental requires time and expertise. If you're a business traveller or simply don’t want the hassle, an Airbnb management company can handle everything for you.

Benefits of Professional Management

• Listing Optimisation: Professional photos and SEO-friendly descriptions to attract guests

• Guest Communication: 24/7 support, check-ins, and problem resolution

• Cleaning & Maintenance: Ensuring a five-star experience for every visitor

• Pricing Strategy: Dynamic pricing to maximise income

According to AirDNA, properties managed by professional hosts earn up to 40% more than those handled by individual owners.

Essential Preparations Before Listing Your Property

Before listing your empty home, there are key steps to take:

• Check Local Regulations: Some areas have restrictions on short-term rentals.

• Upgrade Furnishings: Invest in quality bedding and décor to enhance guest experience.

• Secure Valuables: Store personal items safely to prevent loss or damage.

Optimising Your Listing for Maximum Bookings

Success in short-term rentals depends on how well you market your property.

Key Factors for High-Performing Listings

Factor

Importance

Professional Photos

60% more likely to attract bookings

Competitive Pricing

Adjust based on seasonality and demand

Guest Reviews

Higher ratings improve visibility

Clear House Rules

Reduces misunderstandings and enhances guest experience

Managing Your Property as a Frequent Traveller

If you’re always on the go, automation is key. Smart locks, automated messaging, and professional cleaning services can ensure your empty home runs smoothly while you travel.

Must-Have Tools for Remote Hosting

• Smart Locks & Keyless Entry: Allows seamless check-ins.

• Channel Management Software: Syncs bookings across multiple platforms.

• Automated Messaging: Provides instant responses to guests.

Insurance Considerations for Short-Term Rentals

Having the right insurance is crucial when renting out your empty home. Standard home insurance may not cover short-term stays, so consider:

• Short-Term Rental Insurance: Covers damage from guests.

• Public Liability Insurance: Protects against guest injuries.

• Loss of Income Coverage: Ensures you’re compensated if your home becomes uninhabitable.

According to the Association of British Insurers (ABI), over 70% of homeowners are unaware that short-term rentals require specialised insurance.

Conclusion and Next Steps

Renting out your empty home can be a hassle-free way to earn extra income, especially with the help of an Airbnb management company. Whether you're a frequent traveller or a business traveller, setting up your home as a short-term rental can provide financial freedom.

Ready to start earning? Contact us today for a free consultation on maximising your property’s potential!