Many homeowners are now converting their houses into a bed and breakfast. If you’re a retiree or a young couple exploring ways to earn extra income, this idea is not so bad.
According to Tourism New Zealand, international tourism expenditure increased by 17% in 2016. It’s unlikely that it’s going downhill from here, so you’re in the right industry. However, the influx of tourists does not guarantee immediate profits because of the tight competition. How do you stand out from the rest?
Fix, Repair, and Equip
Your guests are going to your place to experience the real deal, so be careful not to make them feel that they are couch-surfing. Make sure that your bedrooms are clean, cosy, and comfortable. Replace old beds and take care of all repairs in the bathroom. The house should also have emergency alarms, generators, and fire extinguishers.
If you want your guests to have an experience that they will never forget, you need to identify that extra something that makes your B&B special. Are you going to serve them an exquisite farm-to-table breakfast? Do you offer unique tours for a genuine local living experience? Do you have outdoor movie nights, BBQ afternoons, or entertainment room?
How will you earn from your beautiful B&B if people don’t know about it? Allot a budget for advertising. There are many ways to market your business online. At the same time, you should also establish your presence in the local market. Invest in signage that will entice even tourists driving by. Signs n Stuff and other experts say that you can simply find a printing company that can execute any signage you have in mind.
Having a B&B business is a challenge, but it can also be fulfilling. You will open your house to a lot of people from different parts of the world. You will get the chance to learn a lot of things and ways of other people. If you’re not too sure about this step, you can start renting one room first and see how you like it.