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Airbnb Management London Liverpool & Manchester

January 22, 2020

At Portico Host we understand that your home is your most precious asset. That’s why we only accept guests who’ll look after it the way you would. We work tirelessly on guest vetting, provide a superior Airbnb insurance cover, and regularly check the property as if it were our own.

Our end-to-end Airbnb property management services, starting from 15%, are designed to unlock your property’s potential and enable you to earn up to 15% higher yields than a long-let, stress-free.

Plus, our dedicated in-house team take care of absolutely everything when it comes to your property, so all you need to do is pass us the keys.

Furnishings
Bookings
Vigorous guest vetting
Premium insurance
24-hour check in
100% guest happiness
Boutique hotel-style housekeeping
Maintenance and cleaning
Better cash flow

And the best part? You can rent your home on your terms. You decide when the property is available for bookings. You tell us when you need it back. And with a local presence near your property, you can do all this on your way to or from work. (We have 18 offices across London, Liverpool and Manchester, and we’re open 8am - 7pm.)

Here’s everything you need to know about our professional Airbnb management London, Airbnb management Liverpool and Airbnb management Manchester. You’ll also find some interesting Airbnb revenue charts and Airbnb growth statistics for 2020.

So, if you're considering listing your property on Airbnb, give us a call on 0207 099 4000 !!!!!!!!or click here to find out how much your property could make on Airbnb per night. We currently have a discounted £100 set up fee for any new sign up which we’re running until the end of February. We also have an ongoing £150 refer a friend offer.

Airbnb Statistics 2020

London Airbnb occupancy rate and monthly revenue

Source: AirDNA January 2020

Note: These are the ‘average’ occupancy rates, but at Portico we are proud to have a minimum average occupancy rate of 70%

The average London Airbnb host can expect to earn an average of £142 per night on Airbnb, peaking at £153 in July.
Summer is the peak short-term rental period due to the increase in travel, meaning homeowners and landlords can expect to earn an average of £1,124 more in July than they can in January. That being said, with 90 days to utilise, most Hosts decide to get their property ready for February, when guests start looking to block out dates for their summer travels.
Occupancy rate also increases during the peak ‘holiday months’ from 61% in January to 83% in June.
London Hosts are limited to a 90-day cap on 'entire home' listings per year. However, if you’re a landlord who favours traditional long-let tenancies, it’s still wise to use Airbnb to maximise potential Airbnb revenue. For example, if your property becomes vacant in the quieter months, we recommend listing your property on Airbnb for 90 days during the peak spring/summer months and synchronising your tenancy to start a long-term let in late summer when demand from tenants and prices are highest.

Here is a breakdown of average Airbnb daily rates across the London boroughs:

Liverpool Airbnb occupancy rate and monthly revenue

Source: AirDNA January 2020

Note: These are the ‘average’ occupancy rates, but at Portico we are proud to have a minimum average occupancy rate of 65%

The Liverpool Airbnb market is booming.
We recently did some data analysis into the short-let market in Liverpool and discovered that landlords with properties in Liverpool, have the potential to achieve yields of 15% or more at 50% occupancy. To put this in context, long-term rentals in Liverpool typically achieve average yields of 8.3%, but Airbnb hosts in Fairfield can expect to achieve a rental yield of 27.2%
Additionally, the average property price in Liverpool is £130,000, much lower than in London, and property prices are increasing
The average Liverpool Airbnb host can expect to earn £112 per night on Airbnb, with a peak of £125 in November
Summer is still a peak short-term rental period in Liverpool, though Hosts can benefit from high returns year round as there is no 90-day cap. Homeowners and landlords can expect to earn an average of £1,691 a month in August, compared to £760 a month in January
Occupancy rate also increases during the peak holiday months to 61%

We have just launched a new service, Portico Portfolio. This service will allow landlords to invest smartly in a tax-efficient company structure in Liverpool and Manchester, which will utilise Airbnb to maximise rental returns. Essentially, we’ll create and manage bespoke northern-based property portfolios for clients, which will be specifically designed to achieve high yields. Give us a call on 0207 099 4000!!!! to find out more.

Manchester Airbnb occupancy rate and monthly revenue

Source: AirDNA January 2020

Note: These are the ‘average’ occupancy rates, but at Portico we are proud to have a minimum average occupancy rate of 60%

The short-let market in Manchester is also booming
The average Manchester Airbnb host can expect to earn £94 per night on Airbnb, with a peak of £103 in November
Late summer is a peak short-term rental period in Manchester, though Hosts can benefit from high returns year round as there is no 90-day cap. Homeowners and landlords can expect to earn an average of £1,296 a month in Manchester through Airbnb
Occupancy rate also increases during September to 73%

General Airbnb statistics:

Airbnb has over 150 million users worldwide
With over 650,00 hosts worldwide
And over 6 million Airbnb listings worldwide
Airbnb offers listings in over 191 countries
Airbnb’s value worldwide is $38 billion
102% increase in the number of senior hosts over 60 since 2017

General Airbnb demographics:

54% of Airbnb guests are female
46% of Airbnb guests are male
700,000 companies use Airbnb for work
Airbnb has an average of 3 listings per host (landlords)
The fasted-growing Airbnb host demographic is seniors, with over 200,000 senior hosts and over 120,000 senior women hosts. Senior women are also consistently rated as the best hosts on Airbnb
88% of Airbnb’s reservations are for groups of two to four people, and 60% were for an entire home/apartment
90% of Airbnb guests have said they were “satisfied” or “very satisfied”

Source: iproperty management

Who can benefit from Portico Host Airbnb management?

Our service is a fantastic way to free up your time and earn through your property until you find a long-term tenant, sell your property or while you're on holiday or living abroad. Here’s who can benefit from our Airbnb management:

Landlords looking to improve yields, void periods and income in a time when they are being hit with increased taxes and costs
Homeowners looking to earn additional income while they travel for work, head on holiday, or stay at their partners
Vendors who are trying to sell a vacant property

Why choose Portico Host over other Airbnb management companies?

We are uniquely placed in the market to offer more than any other competitor for three main reasons:

1. You can earn while you sell or find a tenant!

If you’re a landlord who favours traditional long-let tenancies, it’s still wise to use Airbnb to maximise potential revenue. For example, if your property becomes vacant in the quieter months, we recommend listing your property on Airbnb and synchronising your tenancy to start a long-term let in the summer or late summer when demand from tenants and therefore prices are highest.

Alternatively, if your property is already on the market, why not earn on Airbnb until you let or sell it? Every day it’s sitting vacant is potentially losing you money, so it really does pay to get on board with Airbnb in short-term.

2. We have a local presence near your property

With 18 offices located across London, we already know your area inside out. That means we can market your property honestly and effectively and ensure the price point is correct.

On top of that, we have a secure key storage at each of our offices or lock box options, to allow for round-the-clock access.

3. Portico Handyman

As our handymen and housekeepers are employed in-house, you’re guaranteed a reliable service and work will always be carried out to a high standard. Plus we’re on call whenever you need us!

Three Packages To Choose From

How Do I Get Paid?

You’ll begin earning as soon as we confirm your first booking, receiving the payment directly into your bank account minus Airbnb’s 3% charge + VAT. Then at the end of each month after you’ve been paid, we’ll take our fee + VAT from your total earnings and the cleaning fee paid by the guests.

Case Study

Our customers range from professionals living abroad and business people working in the City, to those who have never used Airbnb. Here is an example of a case study for one of our lovely customers, Alan:

We managed Alan’s property in Islington from January to March 2017. He had plans to work in Tanzania until the late summer and so wanted to let his property out while he was away. Initially he was looking for a short-let but the market was relatively quiet and his property was sitting vacant. Alan therefore decided to put his property on Airbnb to earn some extra cash until he let his property, and in the process synchronise his tenancy to begin in spring when tenant demand would hopefully pick up.

Alan’s property has been a fantastic earner on Airbnb, occupied for around 75% of each month at around £150 per night. But best of all, by the time Alan reached his 90 day limit on Airbnb, we had secured him a short-term tenant for the remaining three months, maximising his potential income.

Average length of stay: 4 nights

Average price: £150 per night

Average no. of guests: 3 people

Average occupancy rate: 75%

If you’re interested in listing your property on Airbnb, or if you'd like to hear about the other services we provide, give us a call today on 0207 099 4000 !!!or try out instant valuation tool here.

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