The demand for short-term accommodation has rocketed in the past few years. In 2018, 8.4 million guests stayed in Airbnb properties in the UK alone. If you think about how many guests stayed in other short-term accommodation, the figure is mind-boggling! Renting out your property is profitable too, in fact, £854 million was earned by Airbnb hosts in the UK 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 platforms that guests use.
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 localised their sites in more than 20 countries and connected with up to 600 travel websites, plus provides data about the availability and a price comparison.
Founded at the beginning of the 21st century, Tripadvisor is now the world’s top travel platform that helps 490 million travellers each month to get the best out of their trip. The site contains reviews and information about millions of restaurants, accommodations, airlines and cruises that can bring the ultimate experience to their users. The company is now spreading itself to 49 markets and its website is available in 28 languages. Recorded in 2019, Tripadvisor has received more than 2000 reviews with more than 70% five-star reviews on Trustpilot.
Expedia.co.uk is a part of Expedia Group - a renowned travelling firm - that provides all services for the UK’s users to travel worldwide. It helps to compare the price of airlines, cars, rooms and holiday packages online that can make travelling 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 you intend on travelling 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. Thus, if you have a property in a South East Asian country or Australia then this platform would be an ideal source of income.
Unlike other travel websites, Trivago aims to shape their 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 the decision. Counted in March 2018, Trivago has connected 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 that includes beach houses, cabins and condos in around 200 countries and usually offers a better price than traditional hotel accommodation. In 2019, 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. Besides, like many of its companions, for example, Trivago, Hotels.com does not have a host.
One of the favourite 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.
Needless to say, Airbnb is now the world’s largest short-term booking site that aims to monetise every “hospitality entrepreneurs”. 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. The most exciting part of Airbnb is that property owners are also the hosts and will give their guests the most local experience. Consequently, Airbnb is now the most popular platform on which homeowners short-let their property.
Short-letting is one of the most convenient ways to boost property owners' income, especially when there are so many platforms available. However, hosting and managing your house on travelling sites is not easy and there are lots of things to do to ensure not only to your house’s safety, but also the best experience for guests.
Never do it alone when you can have your company, which is Pass the Keys! We are a short-let property management firm that offers a fully-managed service including finding, managing and cleaning up after your guests.