Benefits of accepting pets in vacation rentals
There are those of us who adore animals, and therefore we cannot understand why many vacation rental hosts do not allow animals to stay in their homes, hotels or villas. That is why in this article we want to project the reasons and benefits why you should allow pets in your vacation rental. However, we know that there are many things to consider when choosing whether or not to allow pets in your rental property.
Pet friendly to increase guest experience
The pros and cons of the theme range from winning over potential guests experience versus alienating others, to worrying about potential harm versus being able to charge extra fees to protect your investment.
All of these conflicting opinions, however, make it difficult to get a clear picture of what makes the most financial sense.
Statistics to help you make an informed decision
According to 2nd Address research titled the 2019 Short-Term Rental Industry Pet-Friendly Housing Study, 47% of all owners with short-term rentals in 2019 allow pets. The vast majority of allowed pets are cats and dogs, with 45% accepting dogs and 43% accepting cats. However, there are a growing number of properties that allow a variety of other small pets.
There is also mounting evidence that pet-friendly properties are more lucrative than their non-pet-friendly neighbors. For starters, pet owners tend to stay in one place longer, which means higher occupancy rates for their property.
Increase your revenue
Additionally, pet lovers pay an average of 16% more per stay or about $23 more per night to accommodate their furry companions compared to pet-free rentals in the same areas. This is because they expect to pay additional fees to facilitate the needs of their pets.
On average, short-term rentals will charge a $50 pet fee and a $120 cleaning fee to cover the cost of hiring professional cleaning companies to remove animal hair and stains, ensuring the home is clean. rebooted and ready for the next guest.
Traveling with furry companions is becoming a growing trend and the demand for pet-friendly rentals is likely to continue to rise. As of 2019, data shows that pet-friendly units are 4% more likely to be occupied than similar units in the neighborhood. Most indications point to allowing pets in your rental to increase revenue and increase occupancy rates. This is even more true in areas where it is difficult to find a pet-friendly property to stay.
So, statistics don’t lie, definitely accepting pets in your accommodation will bring you more benefits than headaches.
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