Question
I recently attended an Airbnb meetup where many people were present, and the conversations were rapid and intense. Since I'm not a great talker, I left early, but it reminded me of an idea I've had for a long time, even before Airbnb became popular.
My idea is to build high-rise condos to be sold to homeowners, who can then rent out their units. I would act as a 'friendly HOA' to manage the renters, ensuring that homeowners are worry-free. My plan is to expand to every city, transforming homeowners into renters seamlessly. Each condo will include storage spaces for homeowners to store their belongings when they are not present.
Additionally, my hometel concept will offer meal services, creating a home-like atmosphere without the worry of tips or sales tax. My business will attract social media influencers, eliminating the need for traditional advertising. There will be no signs or check-in lobbies, enhancing the feeling of being at home.
I believe I have access to venture capital and could start by purchasing and renovating existing hotels. If this succeeds, I would then move on to new construction projects. I would love to hear your feedback on this idea. And please, don't steal my idea, my dear.
Answer
Before you start up you have to know the value it will add the area or society, if you have analysed that then this is for u
Local experiences: Offer curated local experiences, like guided tours, cooking classes, or wine tastings, to help guests immerse themselves in the local culture.
Community areas: Design inviting common spaces for guests to socialize, relax, and connect with each other, like a cozy living room or a rooftop terrace.
Flexible booking options: Consider offering flexible check-in/check-out times, hourly bookings, or long-term stays to cater to diverse guest needs.
Amenities and services: Provide amenities like Wi-Fi, laundry facilities, or breakfast options. Consider partnering with local businesses to offer additional services, like massage therapy or meal delivery.
Personal touches: Add thoughtful touches, such as welcome gifts, personalized notes, or surprise treats, to make guests feel at home.
Sustainability: Incorporate eco-friendly practices, like energy-efficient appliances or recycling programs, to appeal to environmentally conscious travelers.
Local partnerships: Collaborate with nearby businesses to offer exclusive discounts or packages, enriching the guest experience and supporting the local community.
Guest reviews and feedback: Encourage guests to share their experiences and use their feedback to continually improve and refine your hometel.
Remember to research local regulations and ensure compliance with necessary laws and standards when transforming your home into a hometel.