Best Area's For Serviced Accommodation

Serviced Accommodation is a tricky market and is heavily reliant on supply & demand, if you want to master serviced accommodation you need to be able to understand how to assess this and more importantly, understand how that will turn into not just revenue, but profit, we are going to show you the best way to get started in how to do this.

Understanding supply & demand - now it is not difficult to know that the more footfall an area has the more likely that you are to be booked up, but you need to go deeper then that, you need to be able to understand your competition and how much supply is in an area as this is what is going to help you find the best area’s, we have a free tool you can use here to help, simply look up an address, enter the information about a property in mind, follow the steps and you will get an estimated profitability.

Understanding your market - An important thing to assess when looking at your area is the consistency of the footfall, if your location has 500,000 people visiting from the months of April - September then 100,000 people for the rest of the year, expect those months to be very tough for you, seaside towns are a great example of this, everyone wants to go to a beach in the summer and seaside Airbnb’s do great in the summer, but in the winter it is very tough market.

Create Your Own Brand - If you want to be less dependant on the market the only way to do this is to create your own brand and customers, this takes a long time to build but if you are consistent, will lead to great results and consistency in your business, this will be something very hard for others to compete with you on also as the only way they can is by following in your hard work.

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Install smoke detectors, carbon monoxide detectors, and fire extinguishers. Provide clear emergency instructions, secure access with locks or keyless entry systems, and maintain the property to prevent hazards. Or, you can have a holiday let management service like Stayful Holiday Let Management do it all for you.
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Establish Clear Communication.
Clear communication is key to a seamless check-in and check-out process at your holiday let property. Before your guests arrive, provide them with detailed information about:
Check-in and check-out times.
Directions to your property.
Parking arrangements.
Key collection or keyless entry instructions.
Contact information for any queries or emergencies.
Consider creating a comprehensive welcome guide that includes all the necessary information, and send it to your guests via email a few days before their arrival. This will help manage expectations and reduce the likelihood of confusion or misunderstandings.
Create an emergency response plan, including procedures for natural disasters, medical emergencies, or property damage. Ensure guests have access to emergency contact information and provide assistance as needed. Or, you can have a holiday let management service like Stayful Holiday Let Management do it all for you.
For more info click here.
Rent to serviced accommodation is where you find a willing landlord prepared to accept a fixed long term rent, but with the understanding that you are going to use his property as a serviced accommodation property and make the difference between the rent and what you get per night.
No serviced accommodation is not illegal, however it is important that you let the right people know what you are doing and intend to do before you put your property as a serviced accommodation property on platforms like Airbnb.
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This is not straightforward answer as different properties in different locations will produce different results, however your property could make up to £10,000 per month or as little as £1000 per month, we have created a free income calculator for you to find out for yourself.
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Management companies charge between 12%-20% for management, some may charge some extra fees and some may not, to get an accurate price reach out to one directly.
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The short answer is no, you do not need planning permission to turn your residential property into a serviced accommodation property, however this is something that could change in the future and their are some things you need to do before turning your property into a short stay accommodation.
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Serviced Accommodation is where a landlord or property owner lets out property on a short-term basis usually on platforms like Airbnb and charging per night vs per month for normal tenancies.
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Serviced Accommodation is a tricky market and is heavily reliant on supply & demand, if you want to master serviced accommodation you need to be able to understand how to assess this and more importantly, understand how that will turn into not just revenue, but profit, we are going to show you the best way to get started in how to do this.
For more info click here.

Serviced Accommodation FAQ

Respond professionally to complaints, addressing any valid concerns and outlining steps taken to resolve issues. Learn from feedback and implement improvements to prevent future problems. Encourage satisfied guests to leave positive reviews. Our specialist holiday let management service deals with these details so that you don’t have to.
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Respond promptly to maintenance requests, have a network of reliable contractors, and fix issues as quickly as possible. Communicate with guests about the situation and offer compensation or alternatives if necessary. Our specialist holiday let management service deals with these details so that you don’t have to.
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Follow data protection regulations, such as GDPR or other local laws, to protect guest information. Store personal data securely, limit access to authorised individuals, and obtain guest consent for marketing or promotional purposes. Or, you can have a holiday let management service like Stayful Holiday Let Management do it all for you.
For more info click here.
Use high-quality photos, compelling descriptions, and competitive pricing. Offer unique amenities or experiences, and maintain excellent guest reviews. Promote your property through various channels, including social media, websites, and local partnerships. Talk to a holiday let management service like Stayful Holiday Let management.
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Establish a clear cancellation policy, including deadlines, fees, and refunds. Communicate the policy to guests, and handle changes or cancellations according to the agreed-upon terms. Use booking platforms or software to manage cancellations and rebooking. Our specialist holiday let management service deals with these details so that you don’t have to.
Managing bookings and payments is a crucial aspect of running a successful holiday let. It involves establishing clear policies, using secure payment methods, and ensuring a smooth booking process for your guests. Here are some strategies for effectively handling bookings and payments for your holiday let:
Maximise bookings by adjusting prices, offering flexible booking options, and promoting your property on various platforms. Prepare for high demand by ensuring adequate cleaning and maintenance schedules and managing booking calendars effectively. Talk to a holiday let management service like Stayful Holiday Let Management
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Establish a clear policy for group bookings, including maximum occupancy, additional fees, and house rules. Ensure your property is suitable for large groups and provide necessary amenities. Communicate expectations clearly to guests. Talk to a holiday let management service like Stayful Holiday Let Management.
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Set transparent fees for additional services or requirements, such as cleaning, pet accommodations, or extra guests. Include these fees in your listing and booking platform and communicate them to guests in advance. Or, you can have a holiday let management service like Stayful Holiday Let management do it all for you.
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Hire a professional cleaning service or create a thorough cleaning routine. Schedule regular deep cleanings, and maintain a checklist for each cleaning session. Replace worn or damaged items and perform regular maintenance. Our specialist holiday let management service deals with these details so that you don’t have to.

Complete Serviced Accommodation Management

We will deal with all guest communication for your airbnb so you do not have to.
We will manage the seasonality using our experience of the airbnb market and make sure you can always get the best rates for your property.
We have experienced, reliable, proven cleaners who we have a great relationship with giving you access to quality cleaners through our serviced accommodation management
We use our expertise when dealing with all the major booking platforms in order to maximise your reach.
Our serviced accommodation management team also can deal with any maintenance issues in your property no matter how big or small
It is important that your property does not cause a negative impact on the local community and that guests look after your property. This is why we thoroughly vet each booking and have maintained a great track record when it comes to guest damages and disturbance.
We hold ourselves accountable through reviews and have a great track record in the area so you can be sure that your property will be well reviewed.