A homestay is when you stay on someone’s private property overnight or for a short period. You can rent the entire house or specific rooms (like a spare bedroom, garage, etc.). This offers visitors from all over the world the chance to experience the area sustainably and locally. You can immerse yourself in another culture through the homestay. Trying new meals, passing along family recipes, and conversing in one another’s languages are fascinating ways to interact with your visitors. Additionally, many families form lifelong bonds with the international students they host. Here are a few key advantages of using homestays when renting out holiday homes:
Be a Homestays Entrepreneur!
Homestays are fast becoming a popular business option for owners with spare space in their properties to host guests. It is a lucrative and low-risk business venture for any astute entrepreneur. Ensure your landlord is aware of the subleasing and has their approval if you rent the property—best in monochrome. Once you get authorization, you may need to start planning the appearance of the homestay and the theme and concept. You should set up some essential conveniences for the visitor to improve the “home-away-from-home” experience. These include towels, WiFi, cutlery, a refrigerator, and more. You might offer a stove and cooking equipment if light cooking is permitted.
Go Online!
The best way to succeed in your homestay business is to create an app like Airbnb. Check out some of the great benefits
Cost Savings: Using a homestay app can avoid costly hotel stays and save money for travelers and hosts. Â
Cultural Exchange: Homestay apps allow travelers to gain a deeper understanding of the culture and traditions of their destination.
Increased Reach: Homestay apps can help increase the reach of both travelers and hosts. Hosts can earn more income by having access to a global audience, and travelers can find more properties to stay in.
Security: Homestay apps offer increased safety and security for travelers and hosts. With the app, travelers can book accommodations confidently, while hosts can be sure that the property is protected.
Community Building: Homestay apps can help create a sense of community among travelers and hosts. The app can foster relationships and create a sense of belonging by connecting people from different countries, cultures, and backgrounds.
In the end, Social media presence is also beneficial as well as having listed on google my Business, let’s talk about earning. It depends on the demands and changing seasons. A luxury homestay with a swimming pool and good amenities has the potential to earn around 1k – 5k a month too!
