Hot tubs boost your STR revenues by 34% ... and other AirDNA findings

[James Carlson]

Welp ... AirDNA finally did it. They have provided us with actual data quantifying how much a certain amenity adds to your short-term rental revenues.

I tell all my STR investors/second-home buyers in Colorado to get a hot tub, for instance, but while I know you do better, it's been hard to put numbers to it.

AirDNA's March report has tried to tell us how much more revenue a home with X amenity gets over a home without X amenity. (It's broken down by market type -- resort/mountain, resort/beach, rural, etc.)

Here's how much more RevPAR homes with a certain amenity get for the mountain-destination category. (What I care about most working with mountain vacation rentals outside of Denver and Colorado Springs.)

-- 34%  ... hot tub
-- 24% ... washer/dryer
-- 20% ... pool

In all but one market type, hot tubs were the best way to boost revenues. Pool was close behind in most categories. 

[Michael Baum]

No where for me to put a hot tub. Or a pool. We do have a huge lake though... :)