A new profit report has revealed the top ten things that UK homeowners can do to their property in order to make more money on Airbnb.

The study, conducted by Harvey Water Softeners, analysed the average nightly value of UK properties listed on Airbnb. Each facility, amenity and house rule was then examined to discover just how much component affected the Airbnb hosts’ earnings. This was all measured against the average nightly value of a UK Airbnb property, which sits at £71.

Results showed that by simply listing your home as “suitable for events” adds £84 to the nightly average price, at £155. Adding an air conditioning unit is a close second, nearly doubling the nightly average price to £139. Offering guests a high chair perhaps brings the biggest profit overall, as this adds £28 a night but can be purchased brand new for as little as £20.

Further results revealed that hosts should avoid adding shampoo, parking, breakfast and allowing their guests to smoke in their house because on average these all decrease the nightly price. Those offering breakfast risk losing the most amount of money, as it brings the average nightly price down by £14 - meaning hosts are at danger of losing huge sums over the year.

Martin Hurworth, managing director of Harvey Water Softeners commented:

“Whether we’re in our own property, or hiring a space somewhere different, I believe feeling comfortable and happy in the home is fundamental part of everyday living. As a lifestyle brand then, it’s important for us to evaluate and understand which particular features of the home us Brits really value, and this report highlights this more than anything.”   

STUDY RESULTS

Each facility, amenity and house rule was examined to discover just how much each component affected an Airbnb host’s earnings. This was all measured against the average nightly value of a UK Airbnb property which sat at £71 at the time of research (October 2018).

About Harvey Water Softeners

Harvey Water Softeners (www.harveywatersofteners.co.uk) is the UK’s largest manufacturer of compact water softeners. Founded in 1978 by Harvey Bowden and still family-owned, the Woking-based company has helped hundreds of thousands of UK households reap the benefits of soft water. The firm was awarded the prestigious Queen’s Award for Enterprise in Innovation in 2018. It holds the ‘Made in Britain’ marque, with its unique twin cylinder water softener made entirely in the UK. Harvey invests more than £1m in water softening R&D every year so that every UK household can soon experience the full benefits of soft water.