Buy in bulk six months at a time, and keep track of your quantities in a spreadsheet.Make a list of all the amenities you need, and make sure you’re happy with the prices you’re finding.
Are you including any extras such as bottles of water or coffee?.Ongoing costs: Core items consumed by the guest that will need to be replenished, including toiletries, toilet paper, paper towels, batteries, and lightbulbs. Sometimes we’ll get a 5-star review just from the bed alone, which will help you get those occupancy rates up. Everyone does the bed plop when they first enter a hotel room – so make sure yours is a good one. We always tell first-time hosts to invest in comfortable mattresses, couches, and sheets.Browse the thrift store or get creative and do something different with colour or a theme – these are what’s going to attract people's eyes to your listing. You don’t have to buy from the most expensive retailers or have the most luxurious everything. Upfront costs: These are the initial investments you pour into your space before anyone experiences it, such as renovations, decor, furniture, and photography. We recommend using a spreadsheet and categorising your costs into three buckets: Sarah: “Creating a budget, while it may not be very sexy, is super important.
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