As we enter into 2023, the holiday rental industry continues to evolve and grow at an unprecedented rate. With new technologies and changing travel trends, it’s important for short term rental (STR) hosts to stay up-to-date with the latest industry trends. Let’s explore the STR trends that every host needs to know in 2023.
Sustainable and Eco-Friendly Practices
As the world becomes more environmentally conscious, sustainable and eco-friendly practices are becoming increasingly important to guests. Hosts can make their properties more eco-friendly by using energy-efficient appliances, providing recycling options, and using natural cleaning products. Some guests also prefer properties with eco-friendly amenities, such as organic linens and toiletries.
Technology Integration
Technology has revolutionised the STR industry, and guests now expect properties to have the latest tech amenities. These can include things like smart home systems, voice-activated assistants, and keyless entry options. Hosts who can provide these amenities will be able to attract more tech-savvy guests and provide a more convenient and seamless experience for their guests.
Personalised Experience
In an increasingly competitive industry, hosts who can offer personalised experiences for their guests will stand out from the crowd. This can include things like providing local recommendations and personalised welcome packages. Hosts who can create a personalised experience for their guests will be able to build strong relationships and receive more positive reviews.
Longer Stays
In 2023, we can expect to see more guests booking longer stays in STRs. With remote work becoming more common, many people are taking advantage of the opportunity to work from anywhere, and are opting for longer stays in STRs. Hosts who can provide comfortable workspaces and high-speed internet will be able to attract these longer-term guests.
Increased Demand for Unique Properties
Finally, we can expect to see an increased demand for unique STR properties in 2023. Guests are increasingly looking for properties with unique features, such as architecturally designed homes or breathtaking views. Hosts who can offer these unique and memorable experiences will be able to attract more guests and charge higher rates.
These are the STR trends that every host needs to be aware of in 2023. By staying up-to-date with these trends and adapting their properties and services accordingly, hosts can attract more guests, receive more positive reviews, and stay ahead of the competition.
