The demand for short-term accommodation has sky-rocketed in the past few years. In 2018, 8.4 million guests stayed in Airbnb properties in the UK alone. Renting out your property is profitable too, with UK hosts earning a total of £854 million last year. With this in mind, it’s undeniable that property owners wanting to earn more should look at capitalising on this trend. But which platforms should you list your property on? Here are the top 10 short-term accommodation booking platforms.
As a rising star in the rental market, Spotahome is popular among students and corporate workers who are looking for mid-let and long-let accommodation. The company is expanding its market to more than 11 European cities, and is on the way to leading the market segment for students and professionals. In a current report from Trustpilot, Spotahome has more than 5000 reviews with an overall score of 8.3/10.
Like many lettings search engines, Hometogo provides information about short-term accommodation like hotels or homestays for travellers. To ensure the best experience for users, Hometogo has connected with up to 600 travel websites and provides price comparison tools.
Founded at the start of the century, Tripadvisor now helps 490 million travellers get the best out of their trip each month. The site is home to a vast amount of information on restaurants, accommodation, airlines and cruises. The company is now spreading itself to 49 markets, and its website is available in 28 languages. Over 70% of Tripadvisor's Trustpilot reviews are five-star.
Expedia.co.uk is a part of Expedia Group - a renowned travelling firm - that provides all services necessary for users to travel worldwide. Users can compare the price of airlines, cars, rooms and holiday packages, making travel more efficient and economical. The website also connects to other sites like CarRentals.com, CheapTickets, Expedia.com, HomeAway, Hotels.com, Hotwire.com, Orbitz, Travelocity, Trivago, and Venere.com.
If have property in South East Asia or Australia, then Traveloka is a great option. Established in 2012, the company is now the largest regional online travel provider that can support visitors with choosing cheap flights, booking rooms and finding restaurants.
6. Trivago
Unlike other travel websites, Trivago aims to shape its values and apply it to the way they help users search and compare short-term rental accommodation. To do this, Trivago allows their users to personalise their search and see reviews from other users to make their decision. As of March 2018, Trivago had connected users to over 2 million properties and hotels in 190 countries.
Like Trivago and Expedia.co.uk, HomeAway is a part of Expedia Group and now one of the leading booking sites in the UK and all over the world. The firm focuses on vacation rental accommodation including beach houses, cabins and condos in around 200 countries, and usually offers a better price than traditional hotel accommodation. Their overall score on Trustpilot is 8.1/10 with more than 23,000 reviews.
Another special piece in the Expedia picture, Hotels.com, is a great place to find non-hotel stays, regardless of its name. The site combines bookings of chain hotels and bookings from individual properties that allows its users to book instantly based on their demand.
One of the most highly favoured booking platforms for property owners, Booking.com, connects travellers with apartments, vacation homes, and family-run B&Bs to 5-star luxury resorts, tree houses and even igloos. To bring the ultimate experience for users across the world, the Booking.com website and mobile apps are available in over 40 languages, offer 29,147,775 total reported listings, and cover 153,896 destinations in 227 countries and territories worldwide.
Airbnb is now the world’s largest short-term booking site. Founded in 2008, Airbnb’s accommodation marketplace provides access to 6+ million unique places to stay in 100,000+ cities and 191 countries and regions. In many cases, homeowners stay in their properties and act as 'hosts' for their guests, but Airbnb property-management services are on the rise.
Short-letting is one of the most effective ways too boost property owners' income, especially given the number of available platforms. But hosting and managing your property on travel sites isn't easy.
That's where Pass the Keys comes in. We are a short-let property management firm that offers a fully-managed service including finding, managing and cleaning up after your guests.
Find out how much your property could with our income calculator, or give us a call on +44 20 8050 2818 to discuss what Pass the Keys can do for you!