Managing short term rental property on platforms like Airbnb can be an exciting and profitable venture, but it also comes with its own set of challenges. Industry research and experience in the industry, has determined it will require approximately 50 hours per month to manage each property.
From coordinating bookings and handling guest communications to ensuring smooth changeover between guests, managing cleaning teams whilst also maximising your revenue – there are many property management tasks to consider if you want your Airbnb to be a success.
Thankfully, there are plenty of software solutions tailored specifically to Airbnb owners, hosts and professional property managers. In this article, we’ll explore some of the best options to streamline your Airbnb management tasks.
Guesty offers a comprehensive suite of tools designed to automate various aspects of Airbnb management. Hosts can save time and effort by automating routine tasks, enhance guest satisfaction through prompt responses and personalized communication, and optimize pricing strategies to maximize revenue potential, allowing managers to focus on guests.
Features include a centralized inbox to automated messaging, task assignment to cleaners and other service providers, dynamic pricing, seamless integration with popular booking platforms like Airbnb and booking.com, as well as other essential tools such as Stripe for payment processing and QuickBooks for accounting. It has a mobile app, booking website and the ability to handle direct reservations to save on platform fees.
The cost of Guest varies according to your requirements and starts at $27 USD/month for 1-3 listings.
Lodgify is a user-friendly program that caters to short term rental owners and managers. It offers customizable websites, booking management, channel management, and secure payment processing functionalities, empowering hosts to manage their properties efficiently.
Features include a booking website, manage bookings across multiple channels from a centralized dashboard, securely process payments, integration with popular booking platforms like Airbnb, HomeAway, and Booking.com, as well as other tools such as Stripe for payment processing and Google Analytics for tracking performance.
The cost of Lodgify scales as you grow, starting at $13 USD/month for 1 listing and $38 USD/month for growing businesses and includes additional features such as guest pre-authorisation and phone support.
Tokeet is property management software that caters to short term rental owners and managers, offering a wide range of features including channel management, booking automation, revenue management, and reporting analytics. Hosts can efficiently manage their Airbnb properties by automating tasks such as guest communication, cleaning scheduling, and maintenance requests, while also gaining insights into their property performance through reporting and analytics.
Tokeet integrates with popular booking platforms like Airbnb, VRBO, and Booking.com, as well as other essential tools such as Stripe for payment processing and QuickBooks for accounting.
The cost of Tokeet sits around $15 USD/month per property, for up to 5 properties and $135 USD/month for 10 properties. The cost per property decreases as your portfolio grows.
As you can see from the above, cost will vary according to features and functionality, with Guesty being the most comprehensive management software available on the market. All systems are web-based and their app can be downloaded to your phone, for management on-the-go. We recommend you sign up for a trial to each of the above and see which system you find the best for your needs.
