Transforming Short-term Rentals: Unlocking Additional Revenue Through Recreational Rentals
Introduction
The short-term rental market has grown exponentially over the years, offering hosts myriad opportunities for revenue growth.
An emerging trend among hosts is renting recreational items like bicycles, canoes, and kayaks. This enhances the guest experience and opens up additional revenue streams.
However, with this added service comes increased responsibility and legal considerations.
This article delves into recreational rentals' potential and legal ramifications and shares best practices for hosts in the USA wishing to venture into this domain.
The Potential for Recreational Rentals
Renting recreational items such as bicycles, canoes, kayaks, paddleboards, and snowshoes can significantly enhance a property's appeal.
They allow guests to explore the local area in a fun and eco-friendly manner, thus enriching their stay.
Hosts who have properties situated close to nature find these options compelling, as they give their guests the opportunity to enjoy the surroundings conveniently.