Time For A New Business Venture? Turn Your Home Into A Guest House

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We all dream of leaving the rat race and finding an easier income. The easy way out could be right under your nose, in your very own home. Have you ever thought about turning your home into a guest house and making money from your spare rooms? If you live in a popular tourist destination, this can be a very easy way to make some extra cash. Here’s how you can transform your home into a 5-star guest house.

Clean Out Your Spare Rooms

Most of us use our spare rooms as storage space. But if you have holidaymakers in your rooms, you won’t be able to do this anymore. Chuck out any old stuff you don’t need and give each room a deep clean. If the furniture in the rooms is old fashioned or has seen better days, buy some new items. Guests want to stay in clean and comfortable accommodation, so make sure your bedrooms look flawless.

Add Thoughtful Touches

Guests love it when they feel like they are properly looked after. The best way to do this is to add some thoughtful finishing touches. Things like hotel towels and bathrobes, as well as tea and coffee making facilities, will go down well. Complimentary toiletries and little chocolates on the pillows are also rated very highly by many guests.

Consider Marketing Options

One of the best ways to market your guest house is to set up a travel blog. Write articles about sights and attractions that are in your local area. Then, when someone Googles your region, your blog will rank high in the search results, and they will find out about your guest house. Placing adverts in guide books and holiday brochures are other fantastic ways to spread your name. Don’t forget also to create Twitter and Facebook accounts for your guest house, as social media marketing is vital these days.

guest-house-bedroom

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Set Your Prices

You need to carefully consider your nightly rate.If you overprice yourself, you may put off some visitors. At the same time, though, don’t place your prices too low as you won’t actually make any money! The best way to judge how much you should be charging is to take a look at what nearby hotels and guesthouses charge. See if you have similar facilities and amenities. If so, then you can place your prices close to theirs.

Consider Online Reviews

Thanks to the internet, there are now many review websites where customers can let people know about their stay in a hotel or guest house. If your guests enjoy their time with you, and they leave a positive view, it’s a great way to get more custom through your door. However, if someone leaves a bad review, it can have a negative impact. Be sure to check these websites regularly. If you notice a bad review, leave a public apology and explanation. That way, other customers will know it was just a one-off situation.

Running a guest house can take a lot of effort, but the rewards are very worth it!

Author: Richard Casteel

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Richard is the chief author of this blog. He worked as a financial advisor in money market form last 10 yrs. His financial sense in Share trading and any other trading is just outstanding. He just shares his knowledge and experience through this blog. You can contact him directly though CFD-Providers.com.

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