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🔖  New on the blog: "Getting Started with Cosmo"

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🇦🇺  Australian based, Australian owned.

June 3, 2021

Furnishing tips for Airbnb Properties

Ensure you are getting the most out of your investment properties by following these simple tips!
Furnishing tips for Airbnb Properties
After comparing the performance of a number of properties listed on the short-term market, we have identified that the homes furnished with more character, receive higher occupancy and constant 5-star reviews.
So why not ensure you are getting the most out of your investment properties by following these simple tips. We know it can be easy and affordable to spice up your properties’ overall appearance, so here’s what we have learned so far.

Size of Property

The size of your space plays a significant role in furnishing and decorating. Although it seems self-explanatory, providing as much space for your guests to move around and feel comfortable during their stay will ensure great returns. At Cosmo, we use a properties guest capacity as a guide to cater to the number of guests that will fit comfortably rather than trying to put as many guests in at once. Using furniture that fits the space rather than filling the space could be as simple as using two seater couches as opposed to a large family size couch, or eliminating large decor items, in exchange for multi-functional pieces. This allows a quality stay that will compel guest to book time and time again.
Size of Property

Desired Style

Modern and contemporary Airbnb homes fit well into the short-term market because they are easy to construct and easy to modify. Finding modern pieces can also be a lot more affordable — retail outlets like IKEA and Kmart are perfect sources to find economical furniture to add to your investment homes. Purchasing cheaper decor also allows for pieces to be easily replaced if an item is broken or stolen (don’t worry though, Airbnb will cover these costs for you). For older homes, you can incorporate vintage pieces to create an environment that suits the home’s appearance — this, in return, could target a specific demographic who appreciate the history behind older buildings.
Desired Style

The Colour Palette

When finding the desired style, it is essential to choose colours that suit the space and guests you market to. Keeping the colours simple will attract guests looking for a relaxing space, whereas bright colours might attract a vibrant artistic feeling. Artwork and decor with pops of colour will make your room more inviting rather than a monochrome home that can deter some guests. Inspiration for colour design ideas can be found in home magazines or design catalogues online such as ‘Home & Garden’, ‘Elle’ and ‘Country Homes and Interiors’.
The Colour Palette

Personal Touch

The best reviews come from guests who are appreciative of personalised features left in Airbnb’s. Anything from a kind note on a chalkboard in the kitchen, or a cheesy sign in the bathroom, to warm up the feeling of the home for all guests. Items such as plants provide a more lively feeling to the home — we suggest using plants that don’t require a lot of care so that for long bookings they will last and remain healthy with little care. Simple reading material can also engage with your guests and provide some entertainment during their stay, catering to a wider demographic (if the TV isn’t their first preference).
Mietta Caruso
By Mietta Caruso
Cosmo brings a fresh and innovative approach to short-term rental management.
KF
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Level 22, 120 Spencer Street, Melbourne.
© 2022 Cosmo. Level 22, 120 Spencer St, Melbourne, Victoria 3000, AustraliaWe are not financial advisors, lawyers or accountants. Always double-check any piece of information before taking action. We partner with Planare LLC for our software and data needs.