Yurts Make Money: Airbnb Loans for Glamping
Get and Airbnb loan in Arizona to reap the benefits of the glamping industry.
Outdoor, short-term rentals are on the rise according to a recent article in the New York Times: “Now known as glamping—short for glamorous camping—the hybrid of camp and resort has exploded, bringing a wave of new glamping destinations this year in a variety of price ranges.” In an age of office jobs and commutes, individuals are eager to set aside the grind of the city and enjoy the bliss of nature. The glamping market offers an escape with many of the luxuries of home: heated shower, king-size bed, running water, in-door pluming, and cozy stove, even accessible Wi-Fi included.
Much of the rise in glamping is due to millennials. Recent studies quoted by Fast Company state “that 72% of millennials (currently the U.S.’s largest generation) would prefer to spend money on experiences than on material objects.” This means that there is a growing market for those who value experiencing a unique moment instead of a monotonous stay at a hotel, and glamping satisfies the civilized needs of a client while bolstering an iconic, photo-worthy moment.
So, what are the costs? By searching Airbnb, yurts and elaborate canvas tents can charge up to $500 per night in touristic destinations. A glamping kit for building a yurt costs $2,000 to $5,000. Larger, elaborate, and completed yurts go from $10,000 to $20,000 dollars and can be as large as 30’ in diameter! Add to the this a set of furniture, a septic tank and toilet, an accessible energy source, a propane shower, and a kitchenette. These comforts allow for the possibility of a summer retreat or a cozy winter getaway.
Airbnb Loans for Glamping Investments
Hard money Airbnb loans are a consideration for getting a glamping business up and running. First off, property, generally at least half an acre, is needed in a wilderness environment that entices tourists: a mountainside, lakeshore, or Zion-esque desert. Research Airbnb and other real estate sources to find a location that is suitable to glamping and that can sustain an occupancy rate that will make for decent returns.
Use Airbnb loans to invest in glamping property and equipment.
Get your business up and running in no time at all.
If property is already available, then using Airbnb loans in Arizona for investing in glamping equipment may be a factor. How many glamping units are needed per each portion of land? What is the cost of the needed glamping accessories and property development? Should receiving Airbnb loans in Arizona for glamping interest you, talk to your talk to your hard money broker for more information are Level 4 Funding.
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