Revenue Idea - BnBs
The Popularity of Tiny Home BnBs
In recent years, the trend of living minimally has caught on, and it has led to the rise of tiny homes as a means to downsize and reduce one’s ecological footprint. However, one major aspect of the tiny home trend that has caught fire is the rise of tiny home BnBs. People are increasingly opting for a tiny home holiday for a quick and quiet getaway, to live closer to nature, and to experience a simpler way of living. Tiny home BnBs are a top choice for travellers who want to explore New Zealand and experience a unique living situation.
Fact: As whanau, we need income streams to help us develop the land and provide a long-term sustainable income. A venture where many of our whanau can contribute to and benefit from in a multitude of ways.
Profitable Streams from Tiny Home BnBs in New Zealand
Tiny home BnBs are extremely profitable in New Zealand, providing multiple sources of revenue for owners and serving as an exceptional alternative to the mainstream hotel business. Lower cost to build and maintain. Able to generate good revenue streams both through rental and services.
Lodging Rates
Tiny homes have varying nightly fees that range from as low as NZD 40 to as high as NZD 800. The rate a tiny home BnB sets often depends on its location, amenities, and design. One can go for a budget-friendly option or spend on a high-end luxurious stay.
Ecology-Inspired Tourism
An understated feature of tiny home BnBs is its standpoint on ecotourism. They provide a place where tourists can experience nature without compromising on the comfort and amenities that they need. This trend can help promote the tiny home BnB business, as customers look for weekend getaways that do not harm the environment. Off Grid, eco-friendly accommodation which si what we would most likely can provide and is popular for those short term stays.
Engage Local Artisans
Tiny homes provide the perfect opportunity to incorporate locally made art and crafts (We have plenty of talented whanau we can support). The DIY design of tiny homes and the rise of local artisans in New Zealand have created opportunities for homeowners to involve the community and make their tiny home BnBs more welcoming. Getting buy in (not approval) from our greater Hongoeka whanau will be something we have to think about without making decisions based on other opinions.
Renting on Various Platforms
Tiny home BnBs can also be listed on Airbnb or HomeAway. They can be self-managed or managed by a property management company that takes care of bookings and communication with guests on your behalf.
Offering Special Services
Tiny homes also serve a unique need with its diverse offering of services. Many homes provide an outdoor private fire pit with a barbecue space and a hot tub. Those with lakeside units offer canoes and stand-up paddleboards for guests to enjoy.
Tiny Home BnB’s Are Here to Stay
Beyond just being an affordable and sustainable housing option, tiny homes have created a successful niche of its own in the accommodation industry. With the rise of tiny home BnBs, revenues streams have increased while promoting a minimalist and eco-conscious way of travel to New Zealand. It’s a lucrative and fulfilling business that has countless potential and will continue to grow in the coming years.
Examples
Tiny House Escapes (run three unusual types of tiny BnBs) - https://tinyhouseescapes.co.nz/
Tiny Greenie - https://goldenbayhideaway.co.nz/abodes/tiny-greenie
Away Treehouse - https://www.awaywaiheke.com/
Tatapouri Bay (Gisborne) - https://tatapouri.co.nz/
Hope this information was helpful.
Tony Cutting.
