What is co-hosting?
Co-hosting explained
As co-hosts, we help listing owners take care of their homes and paying guests. We offer full-service co-hosting so owners do not have to worry about the logistics of running their property as a short-term rental.
We use the latest technology in its specialization of hosting families, business travelers, and leisure guests in the New England area on short-term rental stays. We help owners of homes maximize their income revenue through the way of home-share and short-term rental.
How we do it
We run every aspect of the short-term rental process, including:
- Marketing & photography
- Guest communication
- Security
- Dynamic pricing
- Vendor management
- Revenue management
what we do
WE'RE YOUR SHORT-TERM RENTAL MANAGERS
Are you looking to jump into the Airbnb revenue pool without the headaches of actually running an Airbnb? That's where we come in.
Hanney Property Solutions offers a technology-driven short-term rental service for owners of vacant or semi-vacant homes. In short, we make the entire short-term rental process seamless and care-free.
LET'S MAXIMIZE YOUR REVENUE
We help owners of desirable vacant homes earn 2-3x the income of a long-term rental rate by welcoming carefully-screened guests (through Airbnb, Vrbo, etc.) for 1 to 3 day stays.
WE HANDLE IT ALL, FROM A TO Z
Every aspect of the short-term rental process is handled, from marketing and guest communication to security and revenue management.
OUR GOAL
Our #1 goal is to provide a seamless and profitable hands-free hosting experience for our owners whileoffering amazing and unique homes to our guests.
Is short-term Right for me?
You may be in a perfect situation to capitalize
Platforms such as Airbnb and Vrbo have seen explosive growth since they started and they're not expected to slow down. As more and more travelers look to houses and apartments to rent on a short-term basis (under 30 days), those with an operational Airbnb are enjoying a serious side income. In many cases, the income meets or exceeds their yearly salary from their full-time jobs.
If you have a property that is vacant, semi-vacant, or in a long-term rental situation, perhaps flipping it to an Airbnb will increase your rental income by 200-350%.
CASE STUDY*: A typical 3-bedroom 2-bath home in Middletown, RI can bring in $2,000 per month in rent, or $24,000 per year. That same home rented through Airbnb can actually gross more than $80,000 in the course of a year. So why would you want to leave more than $50,000 on the table?
*Figures are based on an actual home that HPS evaluated. The address is not shared here for the privacy of the homeowner.
Why short-term works
DEMAND IS GREAT
TODAY'S TRAVELERS SHOP BY APP
HOTELS ARE BEING DISPLACED
Demand for short-term rented rooms in private homes is exploding while hotel room demand is stagnant. The number of short-term rentals in high profile areas isn't keeping up with the demand.
HOTELS ARE BEING DISPLACED
TODAY'S TRAVELERS SHOP BY APP
HOTELS ARE BEING DISPLACED
After realizing that their traditional hotel room model is antiquated, major hotel chains are buying up properties to open short-term rental properties to compete with Airbnb.
TODAY'S TRAVELERS SHOP BY APP
TODAY'S TRAVELERS SHOP BY APP
TODAY'S TRAVELERS SHOP BY APP
Travelers use their phones to find:
- Rooms (Airbnb, Vrbo)
- Eateries (Yelp, OpenTable)
- Transportation (Lyft, Uber)
- Ways to pay for it all (Venmo, PayPal)
why you should choose us
You don't have the time, but we do
Converting your vacation property or long-term rental to a short-term rental on Airbnb or other platforms can be financially rewarding. Many property owners have seen their rental revenue increased by 2-3 times when they rented their property on a short-term basis. But these rewards require a heavy investment of time.
Guests expect hotel quality amenities, personal yet professional service, and 24-hour support when booking a place to stay for business or leisure.
For hosts who have daytime jobs or other responsibilities, it can be a struggle to keep up with it all.
Caring for your guests
Who will care for your guests in the middle of the night? We will!
We have local people on standby in each area that we cover. That way, we can offer detailed, tailored, and professional service.
Reporting back
As with any management service, it’s important for you as the customer to be able to easily view financial results. On a monthly basis, we'll report to you how much your earnings have improved over the past six months, what commissions you have paid out, and what specific services have been provided.
We use several app- and web-based services to report finaicial and property management services to you, the owner.
Pricing options
We offer a full range of services and have commission-based pricing. That means that we are motivated to make you money. Since we are partners in this endeavor, if you don't make money, we don't make money.
To get started, we charge a one-time set-up fee to onboard your property. This fee covers technology, dynamic pricing subscriptions, photography, and other expenses to get your property ready for guests.
OUR TECHNOLOGY PARTNERS
Hanney Property Solutions uses the latest technology to manage the entire rental management process, including party-prevention, dynamic pricing, vendor management (cleaners, maintenance, and landscaping), and the safety and security of guests and the property.
OUR MARKETING PARTNERS
We partner with the top property listing companies, including more than a dozen different websites, to market our listings across the globe for maximum marketing exposure and booking revenue. We manage all booking calendars in collaboration with our clients to ensure maximum revenue for property owners.
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Looking for 3D-Imaging & Photography ?
Check out HPS Media Group for 3D-imaging, aerial photography, and still photography