4 . Economic and Community Impact
Airbnb ’ s impact on South Africa extends beyond individual profits . In 2022 , Airbnb contributed significantly to the local economy and supported thousands of jobs . The platform boosts the local economy and supports sustainable tourism by encouraging travellers to explore neighbourhoods beyond the typical tourist hotspots . Domestic travellers , in particular , have become a significant part of this growth , accounting for a large portion of total nights booked on the platform .
5 . Mitigating Risks and Maximizing Returns
While the potential for high returns is evident , investing in Airbnb does come with challenges . Seasonality and market saturation are factors to consider . Properties need to be managed effectively to maintain high occupancy rates but the upside of this is that a significant amount of this can be automated . Selfcheck-ins , automated messaging and great online resources help with effective team communication . Investing in professional property management can alleviate these challenges , ensuring that the property remains attractive to guests yearround . Our experience has shown that with the right strategies , Airbnb properties can outperform traditional rentals significantly , providing a lucrative investment opportunity .
6 . Harnessing Expertise for Success
The great thing about this is the ability to scale an Airbnb portfolio . By using the rent-to-rent strategy ( where you rent a property from a landlord and then with their permission , you sublet it on Airbnb ) this form of rental arbitrage means you can benefit from the high income without having to own the property in the first place . This means that if you rent an already furnished property , you may only need to be put down one month ’ s rental deposit and the first months rent and you are set to go .
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