Airbnb Host Leverages Peloton Bike to Increase Revenue by 15% – with Aaron Hanauer

Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | STR Revenue Management - A podcast by Freewyld Foundry

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During the pandemic, smart Airbnb hosts focused on making it easy for guests to work from home. But Aaron Hanauer took it a step further and made it easy for his guests to work OUT from home as well! Aaron is an Airbnb Superhost out of Minneapolis, Minnesota. He got into the STR space in 2017, renting one unit of his 1916 Tudor-style home on the platform and investing the profits to add a garden apartment to his STR portfolio soon thereafter. During COVID, Aaron and his wife Colleen focused on the health and wellness niche, adding Peloton bikes as an amenity in their Airbnb units. On this episode of Get Paid for Your Pad, Aaron joins me to discuss the benefits of marketing to Peloton users, explaining what’s special about the Peloton experience and how the bikes have led to a 15% revenue increase. He shares the cost of adding a Peloton to your STR units and describes what he is doing to ensure guest safety in his listings. Listen in for Aaron’s insight on making your Airbnb a health and wellness destination and get his advice on adding smart home gym equipment to your STR strategy! Topics Covered How Aaron got into hosting on AirbnbRent one of three units in historic homeInvest profits in getting second STR What Aaron did to navigate COVIDImprove work-from-home experienceAdd Peloton bikes for guest use Why guests book units with PelotonsDon’t miss workouts while travelingDo rides with friends and family The benefits of marketing to Peloton usersLoyal following of 5.4M membersFree advertising on sites like Pelo Buddy What’s special about the Peloton experienceEngaging instructors, library of classesWorkout at home at any time How much it costs to add a Peloton to your STR$1800 for bike, $39 monthly subscriptionLess than $100/month with financing Aaron’s stats from May through December 202085% occupancy, 16-day average stayAble to raise prices by 15% What Aaron is doing to ensure guest safetyUmbrella insurance policyMust be 16 years old to use bike  How Aaron is creating a wellness destinationAdd strength machine, yoga studioJapanese soaking tub and sauna Aaron’s tips for STR hosts adding a PelotonSecure warranty ($200 for three years)Provide water bottles, disinfectant Connect with Aaron Colleen & Aaron on AirbnbEmail [email protected] get_surly on Peloton Resources Christian Gissing on GPFYP EP301PelotonTonalMIRRORPelo BuddyPeloton Hotel FinderTen Thousand WavesWil Slickers on GPFYP EP382Legends XEmail [email protected]  Sponsor Hostfully [Discount Code PAD] Hosted on Acast. See acast.com/privacy for more information.