The Best AirBnB House Hack For Boosting Revenues

The Best AirBnB House Hack For Boosting Revenues

The Ultimate AirBnB Host Hack To Make Your Listing More Money - Murphy Beds!

One of the primary price drivers for AirBnB & STR is the number of rooms. On average, the global increase in price from a 1 room to 2 room AirBnB is $84/night up to $136/night - Nearly a 62% increase in nightly booking revenue!

What if there were an easy, low cost DIY project that could convert nearly ANY living space in your STR to another room for sleeping? Somehow, I'm guessing you can see where this is going.....

Why Murphy Beds Are Ideal For Boosting AirBnB Host Revenues

Murphy Beds Make a Living Area Into a Multifunctional Space

When an AirBnB guest checks in to their short term rental, you want to make a good first impression. Many hosts will leave a bottle of wine or go the extra mile with a welcome basket. 

One of the first things many guests will do is check out their sleeping arrangements. Having a murphy bed in the main living area is an excellent way to add on an additional comfortable "bedroom." In fact, the novelty of a fold down murphy bed can add to the magic of a family vacation in your AirBnB.

Maybe you have a game room or a dining area or any other type of room that currently only serves as an entertainment space - Imagine being able to convert that into a bedroom but ALSO keeping it functional as it currently is. This is the essential benefit of the murphy bed for the host on AirBnB.

They're As Comfortable As A Regular Bed - Way Better Than A Pullout Or Futon!

You might be saying "well, we already have a pull out sofa in the living room." While a pull-out can create the same "extra bedroom" concept in your vacation rental, it offers nowhere near the comfort and experience to make your guests happy.

As you know, one of the top Airbnb host tips is to make sure that you are getting great reviews by making your guests feel at home. The difference between a good nights sleep on a murphy bed vs. a stiff back from your futon can be the difference between 5 star or 3 star reviews.

If you want to become an Airbnb superhost, making sure that every guest has a postive, memorable experience is key.

An AirBnB Listing With Extra Rooms & Extra Guests = Extra Money

Whether you choose dynamic pricing per guest or not, adding sleeping accomodations will allow you to charge more from your potential guests. 

As mentioned previously, the average price increase from adding a room can be 60% or more from one to the next. Of course you can add one to the main living area, but adding a bed to what is otherwise used as a game room, theater, or any other special room you have can continue to boost that earning potential.

Not only can you charge more per night, but for every additional guest you are able to host you open a new batch of guest queries for those with a larger party. 

Just be sure to follow all of your local ordinances when it comes to guests per square foot, what qualifies as a bedroom, and safe sleeping arrangement practices. Its always better safe than sorry.

What Does It Take To Build A Murphy Bed?

So you see the potential to attract more guests and maximizing revenue by adding a murphy bed to your AirBnB. What does it take to build one?

A Hideaway Murphy Bed Hardware Kit

This DIY kit comes with all of the custom hardware and step by step instructions for you to build your murphy bed. It includes:

  • Custom Powder Coated Steel Hardware
  • XL, In-Color Step-By-Step Instruction Booklet With Linked Video Guide
  • Specialty Tools That Are Required but not Standard in Everyone's Toolbox
  • Raise-Assist Pressurized Gas Pistons For Opening & Closing The Bed Frame
  • Lifetime Warranty
  • Free Shipping

Basic Woodworking Skills

We wouldn't recommend this project for a complete beginner, but the instructions are written for those with basic DIY skills. If you are already the handyman for your short term rental, then you likely have the skills to build this bed.

Around 10-15 Hours

That's all it takes to construct. Most if it can be completed with one person, but there are a few steps that require a helping hand. Even if you don't have a table saw or want to rip the plywood, you can simply have your local hardware store like Home Depot cut it for you for a nominal fee.

$300-500 in Additional Lumber and Materials

Things like plywood, 2x2 boards, wood screws, and wall mount hardware should add up to around $300-$500 depending on where you are located.

Summary

If you're looking to take your vacation rental business to the next level with an extremely high ROI DIY project, this is an excellent option for you. With a total investment of less than $1,000 and a weekend's time, you can increase you earning potential significantly.

Minimal DIY experience is necessary and you could potentially boost revenues by over 50%!

To learn more about Hideaway Murphy Bed Hardware Kits check out our home page.

Back to blog

Leave a comment

Please note, comments need to be approved before they are published.