airbnb apartment

The 11 Best Airbnb Management Companies in 2024

Your Managing a rental property can be a time-consuming and stressful endeavor, especially for hosts who have multiple properties or are located in another city or country. By partnering with a professional Airbnb management company, hosts can rest easy knowing that their properties are in good hands.

An Airbnb rental management company can handle every aspect of the rental process, from creating and managing listings to guest communication, cleaning and maintenance, and financial management. But with so many Airbnb property management companies out there, it can be difficult to know where to start.

In this article, we’ll discuss the key services Airbnb management companies provide and the benefits of using a professional management company for Airbnb. We’ll also offer tips for choosing the right one for your business needs and share 11 examples of the best Airbnb property management companies around the world.


Don’t see the form to download the Vacation Rental Property Management Agreement? Click here.

What is Airbnb property management?

Managing an Airbnb property can take a lot of time and energy due to the variety of tasks involved in running and growing your business. From everyday routine tasks—such as replacing the bed sheets, to business development tasks, like marketing and advertising your website—there’s a lot to deal with. So much so that Airbnb property management has become a job on its own.

In general, property management is a professional service that involves overseeing the operations of real estate properties, including residential, commercial, and industrial properties. So, how do companies that manage Airbnb rentals, specifically, work? Airbnb property managers handle all the tasks necessary to ensure that your property is ready to host guests and that those guests have a positive experience. They’ll work to increase bookings and revenue for you, the property owner.

airbnb property manager

What does an Airbnb property manager actually do?

Airbnb has revolutionized the hospitality industry, allowing people to rent out their homes, apartments, or spare rooms to guests looking for a unique and local experience. However, managing an Airbnb property can be tricky. This is where Airbnb property managers come in.

Of course, every Airbnb management company is different, and the specific services they offer may vary. However, typically, Airbnb managers will take over the running of the vacation rental and be trusted to handle the following Airbnb management services.

Create and optimize your listing

Creating a compelling listing that showcases your property’s features and amenities is crucial for attracting guests. An Airbnb management company can help you optimize your listing, including adding high-quality photos and a detailed description of your property to ensure that it gets seen by as many potential guests as possible.

Marketing and social media

Marketing and advertising are also part of an Airbnb property manager’s role. They can promote the property through various channels, including managing your property on an array of third-party booking platforms, as well as social media. By maximizing exposure, property managers can attract more bookings and increase your revenue.

Pricing strategy

Determining the optimal nightly rate for your property can be challenging, as it depends on factors such as location, seasonality, and demand. Putting this into the hands of your Airbnb management company means they can monitor the local rental market and adjust pricing based on supply and demand, maximizing your revenue.

Guest communication and turnovers

Communicating with guests before, during, and after their stay is essential for ensuring a positive guest experience. An Airbnb management company can handle all guest communication on your behalf, including responding to inquiries, coordinating check-ins and check-outs, and handling any issues that arise during a guest’s stay.

In addition, Airbnb management companies will answer questions, provide information, and ensure that guests have everything they need.

Cleaning and maintenance

Don’t feel like making the bed every day? Keeping your property clean and well-maintained is crucial for guest satisfaction. Airbnb property management companies can coordinate cleaning and maintenance services, including the restocking of supplies, to ensure that your property is always ready for guests.

Customer support

If you’re tired of receiving calls from guests during the night about a lightbulb that needs replacing, then an Airbnb management company can provide 24/7 support to guests, ensuring that they have a positive experience without you having to answer the phone.

Local laws and regulations

Finally, an Airbnb property manager ensures that the property complies with all legal and regulatory requirements. They stay up to date on local laws and regulations related to short-term rentals, such as zoning laws and safety regulations. Property managers also handle tax compliance and ensure that the property owner is meeting all necessary obligations.

airbnb property management

Does Airbnb do property management?

Getting some help with property management is obviously a big win for your business, which might make you wonder: Does Airbnb manage properties as an add-on service?

Unfortunately, the answer is no. While Airbnb provides a platform for you to list and market your properties to travelers, it doesn’t offer property management services. For that, you’ll have to turn to an Airbnb management company!

So, do you need a property manager for Airbnb?

You might be wondering if you even need an Airbnb manager in the first place. Well, the short answer is: It depends on your situation.

Hiring an Airbnb property manager can be an excellent way to take the hassle out of managing your short-term rental properties. However, you should identify your business needs before you decide to hire one to ensure that you choose the best Airbnb management company for your specific situation.

Consider the size of your property, the type of guests you want to attract, and the level of service you require. Having a clear idea of your needs will help you narrow down your options and find an Airbnb agency that fits your requirements.

Alternatively, if you’re someone who values control over your property or wants to save on management fees, managing your own rental may be a better option. Ultimately, the decision to hire an Airbnb property manager comes down to your individual and business needs and preferences.

What are the pros and cons of hiring an Airbnb property manager?

Not sure whether you should hire an Airbnb property manager? Let’s take a look at the key pros and cons of doing so.

Pros of hiring an Airbnb management company

Take a seat and relax!

Property management for Airbnb is very time-consuming. From responding to guest inquiries to cleaning the property between guests, there’s a lot to do. Hiring an Airbnb property manager can help you save time by handling all of these tasks for you.

Enhance guest experiences

An Airbnb property manager can help ensure that your guests have a great experience while staying at your property. They can take care of any issues during their stay and ensure the property is clean and well-maintained.

Boost your bookings

An Airbnb management company can help you increase your bookings by optimizing your listing and pricing strategies. They can also help you market your property to potential guests.

Stay on the right side of the law

An Airbnb manager can help you stay in compliance with local laws and regulations. They can also help you navigate any legal issues that arise during the rental process.

Be front of the queue for professional services

An Airbnb property manager can connect you with professional cleaning services, maintenance companies, and other service providers to help keep your property in top condition.

airbnb vacation rental

Cons of hiring an Airbnb property management company

It’s not cheap!

Hiring an Airbnb agency can be expensive, and it’s important to factor in their fees when deciding whether to hire one. Average Airbnb property management fees typically range from 20-30% of the rental income.

Lack of control

When you hire an Airbnb manager, you’re giving up some control over your rental property. They’ll be making decisions on your behalf, and you may not always agree with their choices.

Finding the right one takes time!

Not all Airbnb managers are created equal, and finding the right one for your property can be a challenge. It’s important to do your research and find a property manager who has experience managing Airbnb rentals and a good track record.

How much do Airbnb property managers charge?

As an Airbnb host, your first question will inevitably be: How much do Airbnb management companies charge? Because, let’s face it: When it comes to the management of your business, cost matters.

Airbnb property management fees vary depending on several factors, including the size and location of your property, the level of service you require, and the experience of the property management company. On average, average Airbnb property management fees are between 20-30% of the rental income to manage a property. However, some property management companies for Airbnb may charge a flat monthly fee or a percentage of the net revenue.

management company for airbnb

Factors that may affect the cost of hiring an Airbnb property manager include:

  • The number of services you need: A full-service management package will typically cost more than a la carte services, but it can be more convenient and save you time and effort.
  • The company’s experience and reputation: Established and reputable companies with a track record of success may charge more for their services. (Of course, they may also provide a higher level of service.)
  • Your property’s location: If your property is located in a popular tourist destination, the demand for property management services may be higher, and the cost may be higher as a result.

What to keep in mind when considering Airbnb management companies

Look for companies with experience in your area

Different regions and cities have different regulations, rental markets, and demographics. You want to find a property manager for Airbnb that has experience working in your specific area. That way, they’ll have the knowledge and expertise to maximize your rental income and handle any local challenges or issues that may arise.

Compare services and fees

Once you’ve narrowed down your options, compare the services and fees of each company. Look for a company that offers a comprehensive range of services that meet your needs, and make sure their fees are reasonable and competitive. Be wary of companies that charge very low fees, as this may indicate poor service or hidden fees.

airbnb management

Read reviews and testimonials

One of the best ways to gauge the quality of an Airbnb property management company is to check their online reviews and ratings. Websites like Google, Yelp, and Facebook offer customer reviews that can give you insight into the experiences of other property owners who have worked with the company. Look for companies with high ratings and positive reviews, and take note of any common complaints or issues.

Ask for referrals

Word-of-mouth recommendations can be invaluable when it comes to finding a reliable property manager for Airbnb. Reach out to other property owners in your network and ask for their recommendations. Ask about their experiences with different companies and whether they would recommend them.

Check credentials and licenses

Make sure that any Airbnb managers you’re considering are licensed and accredited by the relevant authorities. Check their websites and marketing materials for information on their certifications, professional affiliations, and industry memberships.

Schedule a consultation

Before making a final decision, schedule a consultation with the Airbnb management company to ask questions, discuss your needs and goals, and get a sense of their communication style and responsiveness. A good company should be willing to answer all your questions and provide a customized plan for managing your rental property.

11 of the best Airbnb management companies in North America and Europe

Whether you’re a small business owner or manage multiple rentals, having an Airbnb management company you can rely on is important.

So, which Airbnb management company is best? To help you decide, we’ve put together the following list of the 11 top Airbnb management companies from North America and Europe:

  • AvantStay
  • Awaze
  • Awning
  • Casago
  • Evolve
  • Houst
  • Hyatus Stays
  • Onefinestay
  • SkyRun
  • Vacasa
  • Yonder

property management

We have chosen these companies because they have proven themselves to be leaders in the vacation rental industry, and they all have a track record of driving growth and achieving results for their clients.

AvantStay

Based in the U.S., AvantStay is a property management firm that provides comprehensive services that maximize bookings, on-site management, and guest satisfaction. Their pricing is relatively high compared to other Airbnb management companies, ranging from 25% to 40% of your monthly Airbnb revenue. Note that the property management fee does not cover restocking supplies, repairing damaged items, or replacing linens.

Due to its focus on large and high-end rental properties, AvantStay may not be the best choice for beginners.

Awaze

Awaze is a leading European vacation rental property management company with a portfolio of 110,000 properties across 36 countries. The company, which has been in operation for 30 years, owns several prominent brands, such as James Villa Holidays, Novasol, Hoseasons, and Cottages.com, which are steadily expanding.

Awning

Awning is a comprehensive Airbnb property management company that equips property owners with all the essential resources to maintain a vacation rental property. In comparison to other firms on the roster, Awning is reputed for its high availability, competitive rates, and superior reviews. The company’s rates begin at 15% of the generated revenue, and property owners must authorize any additional costs exceeding $250. Awning differs from many other Airbnb property management firms in that it forwards the earnings to the host and issues a bill for the charges.

Casago

Casago is a vacation rental and property management franchise company that has more than 50 locations across the United States and Mexico. With two decades of experience in the industry, the company has consistently been rated as one of the top performers since 2001. All Casago locations are independently owned and operated, ensuring guests and homeowners receive the highest level of attention and service.

Evolve

With Evolve, you can receive assistance primarily in marketing your property, filling up your booking calendar, and offering round-the-clock support to your guests. Boasting a vast portfolio of over 14,000 properties worldwide, Evolve stands out with its competitive pricing, charging only 10% of your Airbnb revenue as its fee.

property management for airbnb

Houst

Houst (formerly known as Airsorted) is among the largest European companies that manage short-term rentals. They offer a complete range of management services for vacation rentals, including taking professional photographs of the property, housekeeping, and maintenance. The commissions for their services commence at 12% of each booking.

Hyatus Stays

A U.S.-based Airbnb management company, Hyatus Stays offers comprehensive solutions to streamline your operations, from guest communication and cleaning to maintenance coordination and reporting. They’re known for combining local expertise with the resources and technology of a nationwide network. You’ll also enjoy 24/7 customer support and zero onboarding fees.

Onefinestay

With 5,000 upscale properties under its management in popular vacation spots across Europe, Onefinestay is among the biggest property management companies for Airbnb. To deliver exceptional customer service, the company assigns a team of local experts and a designated account manager to handle each property.

SkyRun

SkyRun vacation rentals, established in 2004, is a property management firm that operates throughout the U.S., managing over 900 properties. SkyRun’s rental fee is 15% of the rental income, although this rate may vary based on the location. There are no undisclosed or additional charges for startup, onboarding, or ongoing services.

Yonder

Yonder, a firm specializing in managing luxury vacation rental properties, oversees a portfolio of 200 diverse properties in North Carolina, ranging from charming cabins to grand estate homes. Despite the seemingly modest number, their listings cater to affluent travelers due to their high-end nature.

Vacasa

Founded in 2009, Vacasa operates in the U.S., Mexico, Canada, and Costa Rica, providing a comprehensive alternative to Evolve for Airbnb hosts. With its full-service offering, Vacasa handles all aspects of property management, from managing payments to cleaning and maintenance. Vacasa’s pricing structure is clear-cut, with homeowners paying a single, agreed-upon fee for all services. This amount is based on various factors, such as location, number of bedrooms, guest amenities, weather, historical trends, and local events.

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Airbnb management companies: key takeaways

Hiring an Airbnb management company for your vacation rental can be a wise investment. It allows you to avoid time-consuming tasks, and you have access to expert knowledge and guidance.

Hiring an Airbnb property manager isn’t cheap. However, the potential return on investment in terms of time, stress reduction, and increased bookings and revenue can make it well worth the expense. Ultimately, the decision to hire an Airbnb management company should be based on your specific needs and priorities as a vacation rental owner.

And what if I decide against it?

Well, that’s no problem! Luckily, there are several alternatives to consider that can save you money and still provide the support you need.

You might consider outsourcing specific tasks, such as cleaning or photography, to freelancers or local service providers. You can also consider using a co-hosting service, where a local expert manages your property in exchange for a percentage of the rental income. And if you’re willing to put in the work yourself, you can manage your Airbnb entirely on your own using tools like Airbnb’s mobile app and website, as well as other integrations for things like automated check-ins and dynamic pricing.

An alternative option is to use an Airbnb management software platform like Lodgify, which offers a variety of benefits. First and foremost, using Lodgify can save you money compared to the fees charged by property managers. Users pay a low monthly subscription fee that includes access to all of our features, including website building, channel management, and payment processing.

Moreover, you can manage your rental from one central platform, including reservations, guest communications, and pricing optimization.

Why not give us a try with our free seven-day trial?


Don’t see the form to download the Vacation Rental Property Management Agreement? Click here.

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