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Is a Hot Tub for Airbnb Worth It?

Last updated on November 8th, 2023

Is a Hot Tub for Airbnb Worth It?: Is a hot tub for Airbnb worth it? Yes! Depending on the market, you can earn an additional $ 6,000 to as high as $34,000 in annual revenue.

Is a Hot Tub for Airbnb Worth It?

hot tub for airbnb

Is a Hot Tub for Airbnb Worth It?

Is a hot tub for Airbnb worth it? Yes! Depending on the market, you can earn an additional $ 6,000 to as high as $34,000 in annual revenue.

Key Takeaways

  • There are various considerations to help you decide if you can add a hot tub to your Airbnb property – from having enough space, knowing the costs, and doing a competitive analysis.
  • In the right market, a hot tub for a vacation rental is definitely worth it considering its significant impact on occupancy rate, nightly rate, and annual revenue without sacrificing your Airbnb value pricing. 

Introduction

A hot tub for Airbnb is a discussion often talked about on online forums. Should you add one or not? Does a hot tub really make your property stand out? And how much should you spend on it and how much do they give in return?

In this article, we’ll help you answer this question starting with the considerations of whether you should get one, and the breakdown of the hot tub costs. Finally, we’ll delve into the impact of a hot tub on your occupancy, nightly rate, and annual revenue using easy-to-understand short-term rental analytics. So keep reading this article to help you navigate the bubbling waters of the decision-making process of hot tubs in Airbnb!

Should I Put a Hot Tub in My Airbnb?

To help you answer this question, here are some more specific considerations regarding adding a hot tub to your Airbnb: 

1. Does Your Property Have Enough Space?

Assess if your property has enough room for a hot tub amenity. Ideally, an outdoor hot tub should be at least 5 feet away from your house. For indoor tubs, sufficient airflow is a must for good ventilation. In both cases, you must consider proper drainage for the inevitable overflow.  

2. Are You Ready to Spend on Maintenance and Other Costs?

If you have no problems with the first one, it’s now best to consider the cost to add a hot tub. Hot tubs have a hefty price tag for construction. And you’ll continue to spend more on insurance, regular maintenance, and future repairs.

3. Have You Done a Competitive Analysis?

In any other line of business, a competitive analysis ensures success. You can also use this in short-term rentals to see the performance of Airbnb listings in your area.

Seeing that there are already quite a few properties with hot tub amenities may trigger you to consider other amenities to differentiate your Airbnb unit. But if you’ve already decided to put a hot tub regardless of the competition, you might as well use short-term rental data analytics. Compete with other listings that have the same amenities by enhancing your nightly rate with the help of easy-to-use data.

If you decide to add a hot tub to your investment property, you can post the Airbnb hot tub rules in the area. These rules can vary depending on the specifications of your unit, but they will inform the guests on how to properly use your hot tub during their stay.

hot tub for airbnb

How much should I expect to spend on a hot tub?

It varies depending on your preferred hot tub’ specifications, installation, and maintenance. But based on the estimates of This Old House, here are the itemized costs attached to a hot tub:

  • Purchase Cost: $2,000 to $35,000
  • Installation Cost: 
    • Above-ground tubs: $3,000 to $16,000
    • In-ground tubs: From $16,000
  • Electrical Bill: $50 to $100 monthly
  • Maintenance: $500 to $1,000 annually 

Is A Hot Tub Worth the Investment In Airbnb?

1. Does a hot tub increase Airbnb bookings?

Yes! Since guests look for rentals that can provide a unique experience, adding a hot tub can be a noticeable selling point. This drives the occupancy rate of many short-term rentals that can be set apart from those that do not have this amenity. Thus, while you look for your next Airbnb investment property, you may want to consider adding a hot tub.

Based on the data from Airbtics, the difference between the occupancy rates of properties with and without hot tubs can be as high as 10% in the following key cities.

hot tub for airbnb
2. How much does a hot tub add to Airbnb?

You can charge an additional $30 up to $200 per night for a 3-bedroom STR rental just for offering a hot tub. A hot tub is considered a luxury amenity that can provide immense relaxation, which guests are on the lookout for and ready to splurge on.

3. Does charging more for a hot tub affect Airbnb Value Pricing?

Not at all. There is only a very minimal difference in Airbnb Value Pricing of 3-bedroom properties with hot tubs compared to those without. This is because guests understand that there is a reasonable price tag on the hot tub that you have invested in your short-term rental.

4. How much can a hot tub increase my Airbnb Annual Revenue?

A lot!  Depending on the market, you can expect $6,000 to as high as $34,000 more in annual revenue only by adding a hot tub to your rental property.

Increase in occupancy rate, a hefty nightly rate, and the willingness of guests to pay for it, there is no surprise that a hot tub will definitely pay for itself and significantly raise your average annual revenue!

hottubairbnb

Conclusion

Are hot tubs a good investment? Absolutely!

A hot tub is an amenity that is a lot easier to install compared to swimming pools. But even so, it still serves its purpose to provide your guest with a unique experience that can bring in a lot of revenue. 

If you meet all the considerations before adding a hot tub to your short-term rental, why not go for it? In this article, we have learned how much a hot tub affects the occupancy rates, average daily rates, and annual revenue without sacrificing your value rating. So all the numbers play well in your favor. It is also best to post the hot tub rules for Airbnb to inform the guests on how to take care of your hot tub unit during their stay.  

Is your next investment property worth spending your hard-earned money on? Check its income potential via the most accurate Airbnb Profit Estimator!

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