What Hosts Can Learn From Hotel Industry Best Practices
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Hotels earn more per nights Stay than Hosts
Hotels list premium rooms for a lower price than Hosts
But recoup their costs by unbundling amenities, facility/equipment use, and hospitality service charges
For example, nightly parking or valet services; late checkout; or premium food items are all extra costs for Guests
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Hosts bundle amenities and services into the Listing Fee and Cleaning Fee
Which are not valued or compared by Guests when comparing Listing Prices with Hotels
Create a perverse incentive for Guests who normally pay for them to expect the Hosts to provide for free
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Hosts remove the premium amenities
To recoup costs while keeping a listing that is price competitive:
Hosts Refrain from offering premium/lux items that might greatly enhance Guest enjoyment of a Stay or location for a price
Offer no ability/mechanism to offer ancillary services like equipment rental, hospitality services, and premium amenities
Meanwhile, Guests are not impressed
When guests who normally enjoy premium experiences don't have opportunities to purchase them, they feel like the offered experience was 'meh'
while the base room price was too high for what it offered!
BnbAmenity Offers a Solution for Hosts to Unbundle Like Hotels to Drive Hosting Income
Premium Amenities
Vacation Equipment Rental
Hospitality Services
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Premium Amenities let Hosts charge for non-standard amenities, like wine or firewood
Win-win convenience offers greatly enhance busy Guest Stay Satisfaction
Costs turned to Revenue
Listing Price flexibility to drive occupancy
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Vacation Equipment Rental greatly increase Stay enjoyment for Guests
Location appropriate recreation equipment and activity gear
Provides strong added Hosting Income opportunity for Hosts
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Hospitality Service Offers allow Hosts to be compensated for changes to the terms of Guest Stay
Hosts can recoup costs and inconvenience of Early Check-in/Late Check-out
Hosts can be compensated for added services like Luggage Storage and Off-street Parking
Host can offer Additional Night(s) Stay avoiding high platform fees and offer trusted guests to Rebook a Stay in the future
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- Improve Guest Experience
- Enhance Host Income