There is no denying that the accommodation business has expanded all over the world. Everyone is flying off somewhere and they all want a place to stay! So when it comes to discussing the most popular Airbnb location to invest in, there are a few key locations that bring about the highest profit. Let’s talk about it!
Why Are Small Cities Better Than the Big Ones?
It comes across as no surprise that the most popular Airbnb locations are actually smaller cities. That is because in the bigger ones Airbnb is no one’s first option. Hotels and rented apartments are still the number one choice for large cities, as they have been around for a long period of time and have built their reputation and customer base. On the other hand, when it comes to small, cute cities, everyone aches for a homier feel for their place of stay. Something more personal and cozy! And that is exactly what Airbnb accommodations offer to the visitors.
The Best Small Cities For Investment
Bend, Oregon, USA
Bend is all about scenic beauty and raw natural landscapes that set it apart. With its never-ending expanses of fields and crystal clear lakes, this is the spot for a seasonal vacation retreat. Most newcomers like to book accommodations that are located next to water bodies or are located in remote natural locations.
The best spot for ice skating, boarding, chairlifts and observing the most peaceful time around snowy peaks and wonderful people. Bansko is known for its breathtaking beauty all year round. The small picturesque houses that spread all over the land beneath the mountains truly make the best view. The city is visited mostly in the winter for its interesting extracurricular events.
Ithaca, New York, USA
Ithaca is one of the most popular Airbnb locations but for reasons, you wouldn’t have thought. The city houses two major universities: Ithaca College and Cornell University. Parents visiting and coming over for the holidays usually causes a rise in the Airbnb housing options.
Traverse City, Michigan, USA
This is also one of the most profitable Airbnb cities because of its National Cherry Festival. Most families and friends travel from all over the state to come and attend it and take part in it. That is mostly when the rise in Airbnb highest profit is seen. Moreover, this city brings a blend of different lifestyles like rural, urban and suburban. This also aids in giving it an edge over other cities as guests can choose which kind of accommodation they want.
Known for its people’s kindness, Belgrade earns a good spot on the most popular Airbnb locations. The locals are welcoming and the city represents the loveliest homey feeling for all newcomers. The city’s safety ranks high as well as the reasonable prices for food and other necessities. The perfect spot for holiday/weekend getaways and such. English is a majorly spoken language there.
Discover the best European cities for Airbnb here.