Sustainability is no longer a buzzword. Not only is eco-friendliness a sound business model, but it also appeals to consumers. According to Booking.com’s 2022 Sustainable Travel Report, approximately 70% of global travelers prefer sustainable travel and accommodations. With a growing trend towards environmental stewardship, this concept is integral to exponential growth, and short-term rental management is no exception. Eco-conscience travelers are becoming more prevalent by the day, so attracting their attention is imperative. Overhauling a business is never easy, but with a few small, budget-friendly steps, you’ll be well on your way to making a positive impact on the world and your bottom line.
5 Eco-Friendly Practices for Short-Term Rental Management
Understandably, the thought of sustainable business models can sometimes be overwhelming. Still, you may be surprised at how easy they are to implement and the savings you’ll actualize while attracting more guests. From simple recycling bins to solar panel installations, here are a few ideas that can pay for themselves over the long haul.
What may be a no-brainer to many, adding recycling bins to your rentals is an easy, cost-effective step towards sustainability. Environmentally-conscience renters likely recycle at home, so having the option will appeal to them. Even if your properties already have recycling bins, making that amenity visible on your listing could entice more guests.
Change the Lightbulbs
Another cheap way to achieve sustainable short-term rental management is ensuring all lights are LED. Although they require a higher initial investment than incandescent lights, LEDs are the standard in home design for a good reason. They use about 70% less energy and last longer-–it’s that easy.
Over the last few decades, the need for clean, accessible water has never been more apparent. And although you never feel the effects of drought and contamination firsthand, hydrology experts warn that two-thirds of the Earth’s people could be met with water shortages during this decade. Installing water-saving fixtures and low-flow toilets are significant conservation measures. Some builders have even started incorporating rainwater-capturing devices into their plumbing systems.
Intelligent Heating and Cooling
Smart thermostats take the guesswork out of achieving energy-efficient heating and cooling. These innovative home devices help save energy by monitoring occupancy and adjusting individual room temperatures. That means the energy used to condition a vacant living room area will go elsewhere. Moreover, many smart thermostats can be managed via voice commands and mobile apps, making them easier to implement on the go.
The initial cost of installing solar energy systems can seem staggering, but it’s arguably the best way to become energy-independent. The best part is that once your energy consumption reaches zero, you can literally watch your electricity meter rotate backward. And if you’re connected to the grid, you can expect a monthly check from the power company.
Vacation Rental Services in Colorado
As one of the nation’s leading sustainable travel destinations, Colorado’s eco-friendly homes and businesses play an integral role in attracting visitors and residents. As Effortless Rental Group strives to be part of the solution, we’re always looking for innovative ways to contribute, and that extends to our partnerships. Together, we can create a cleaner, more inhabitable world, one property at a time.