Since its inception, Airbnb has revolutionized the peer-to-peer vacation rental industry by allowing individuals to rent their homes and spare rooms to travelers around the world. However, many hosts experience issues such as high booking fees, strict rules and regulations, and limited communication with renters. In addition, competition with other accommodations in the same geographic area sometimes makes it difficult for newcomers to succeed on the platform. That's why many hosts are now looking for alternatives to Airbnb that offer a better experience for themselves and their guests.
In this article, our concierge agency in Saint-Tropez offers you an overview of platforms that prioritize hosts and offer unique features to optimize the management of their properties.
Why look for alternatives to Airbnb?
Airbnb has long been a popular platform for vacation rentals and short-term stays. However, it has some disadvantages for hosts. Here are some of the main problems owners face:
High commission rates
Airbnb charges hosts a commission fee on each booking, which can reduce their earnings, especially since these commissions are sometimes much higher than other platforms.
Cancellation policy
Airbnb's flexible cancellation policy can lead to last-minute cancellations, leaving hosts with vacant listings and lost income.
Competition of accommodation in a sector
Competition with other vacation rentals, private homes and alternative accommodations can make it difficult to highlight some listings and new entrants into the market.
Fake reviews
Airbnb sometimes has issues with fake or misleading reviews, which can damage a host's reputation.
Customer Service
Airbnb customer service can be slow to respond to host requests and issues, which can cause frustration or even be completely counterproductive to owner satisfaction.
The best alternatives to Airbnb in 2024
Here are the best Airbnb alternatives for vacation rental owners in 2024:
Booking.com: A reference platform with millions of listings
Booking.com is a well-known platform offering a user-friendly interface and millions of listings in over 227 countries. As one of the leading vacation rental platforms competing with Airbnb, Booking.com offers hosts a wide range of options to showcase their properties to a global audience. With its advanced search and filtering system, hosts can easily attract potential guests looking for specific amenities or locations. Booking.com charges hosts a 15% commission fee for each completed reservation, allowing them to generate revenue from their vacation rentals. The platform also offers flexible cancellation options, giving hosts and guests peace of mind. We will certainly criticize it for a slightly outdated interface compared to other platforms with a more refined and modern interface.
Expedia: A platform popular with travelers
Expedia is a versatile platform that allows users to book flights, car rentals, and accommodations all in one place. While it may not be the first platform you think of for vacation home rentals, Expedia offers increased visibility through its extensive network and multiple travel sites. Hosts can take advantage of last-minute bookings, attracting spontaneous travelers. Expedia charges a 15% commission per booking, which is in line with industry standards. The platform's user-friendly interface makes it easy for hosts to manage their listings and communicate with guests.
Homestay: Special attention to vacation rentals with the presence of the host
Homestay is a platform focused on vacation rentals where the host is present. Here we find a bit of the Airbnb model in its beginnings: a stay with and with locals, enjoying only part of the accommodation in exchange for a low-cost stay. It offers a range of options including private rooms, shared rooms and more. Homestay is popular with people who prefer a more immersive and personal experience when traveling. Unlike other vacation rental platforms, Homestay offers moderate service fees, making it an attractive choice for new hosts looking to enter the rental market. The platform provides a great opportunity for hosts to connect with guests on a personal level and provide a more personalized experience. Homestay's emphasis on host presence adds an extra layer of security and comfort for guests, making it a desirable choice for those looking for a home away from home.
Factors to Consider When Renting Your Home
When renting out properties on a short-term basis, it is important to consider several factors to ensure a successful experience for both you and your guests. Here are some key considerations:
Rental companies
Rental companies compete with popular booking engines by offering direct booking options and a simplified booking process. They typically have an extensive network of lodging options and employ experienced property managers who can ensure the highest standards of maintenance and guest satisfaction. By working with a rental company, your property gains visibility through its extensive search engine, attracting a wider audience of potential guests.
Home Valuations and Listing Pricing
When renting your property, obtaining accurate valuations and setting an appropriate listing price is essential. Accurate reviews and competitive pricing are key to attracting potential guests. Vacation rental listings that offer affordable accommodations while maintaining fair rates tend to stand out from the competition. Payment policies, such as instant booking options, are also more likely to attract guests looking for a hassle-free experience.
Present your rental to the right audience
Whether your target audience is budget travelers or business travelers, marketing your rental is essential. Highlighting your rental options with active ads on popular platforms allows you to reach a wider audience. Personalized marketing efforts can highlight the unique features and amenities that set your private rental property apart, attracting both leisure and business travelers.
If you are an Airbnb host looking for a better alternative, you have several options to consider in 2023. Whether you choose Booking.com, Expedia, or Homestay, these platforms offer unique features that prioritize hosts and allow them to manage their properties more efficiently. Consider considering key factors like rental companies, home reviews and listing pricing, as well as marketing your home to maximize the success of your vacation rental business.
