With a focus on websites like Airbnb, VRBO, and Booking.com, MasterHost has been Manhattan’s top supplier of expert management services for short-term rental apartments since 2015. Our expert team is dedicated to the day-to-day management of your listings, ensuring that every aspect from guest communication to maintenance is handled with precision. Our aim is to maximize our hosts’ revenues through strategic pricing, optimized listings, and superior guest experiences.
MasterHost offers a full range of services designed to make the management of your rental effortless and more profitable. Whether your property is located in the bustling neighborhoods of Midtown, the historic streets of Lower Manhattan, or the trendy areas of SoHo and Tribeca, we are equipped to deliver unparalleled service and results. With MasterHost, property owners enjoy peace of mind knowing their investments are in good hands, attracting guests from around the globe and generating optimal returns.
Years on the market
Offering Airbnb Management Services in Manhattan since 2015
Per booking
Most Competitive Airbnb Management Fees in Manhattan
Properties
Largest Airbnb Management Portfolio in Manhattan
Forget about the stress of Airbnb property management in Manhattan and let our team take care of your guests so that you can relax and enjoy your free time while earning more from your investment. Your hassle-free Airbnb management experience in Manhattan begins with three simple steps:
“As an Airbnb host in the heart of Manhattan, I’ve seen my guest satisfaction and rental income soar since partnering with MasterHost; their meticulous attention to detail and proactive management approach have transformed my property into a highly sought-after destination, making every aspect of hosting completely stress-free and incredibly lucrative.”
“I’m really happy with their property management services for Airbnb thus far. Seven months ago, I hired MasterHost after leaving a long-term tenant.”
It is a known fact that most countries, provinces, cities, and often even strata buildings have special rules and bylaws that directly or indirectly regulate the Airbnb licences in Manhattan that are required to list on the platform. MasterHost will be your trusted and knowledgeable source of information in this complex process. We will guide you all the way when it comes to working with the municipalities and building stratas ensuring that you meet the Airbnb licensing requirements in Manhattan.
When it comes to making your listing stand out from the competition, superior Airbnb Interior Design in Manhattan is among the top priorities. This in turn will allow you to significantly increase guest traffic. It is crucial to understand how your property should be staged in order to highlight the key features. This will affect your bookings and experience of your guests. Let our Airbnb Interior Design partners improve the aesthetics of your property in Manhattan and increase its value.
The first impression counts the most and that is a fact! Investing in Airbnb Professional Photography in Manhattan is one of the most important steps you will need to take during the Airbnb rental journey. MasterHost will arrange for our Airbnb photographers in Manhattan to make your listing stand out from the rest.
We know the short-term rental and vacation management industry in Manhattan inside out and over the years we have seen it all. Our goal is to connect you with the most trusted home insurance providers. Only with them can you have peace of mind and be certain that your home and your guests are safe and insured during their stay.
We work hard to stay up to date with Airbnb Search Engine Optimization (SEO) in Manhattan. With years of experience and constant improvements, we continue getting our clients’ listings in the top Airbnb search results. We use many different strategies and analyze response rates, cancellations, headings and listing content, photos, reviews, and much more.
Because of the nature of our business model and unlike most of the competition our main priority is to achieve highest occupancy rates at the top nightly prices. MasterHost employs many Airbnb Price Optimization tools in Manhattan and uses Big Data competitive analysis, seasonality, hotel industry, and local events. This allows us to stay ahead of the competition.
The main elements of our Airbnb Booking Management in Manhattan are calendar management, multi-channel capabilities, guests vetting and communication, instant booking settings, price optimization, and booking confirmation. Most of this work is completed before the guests arrive behind the scene.
We ensure that the most challenging part of Airbnb property management in Manhattan is handled with ease. If done incorrectly it can easily destroy the guests’ entire experience. Yes, you’ve guessed it – we are talking about Airbnb key exchange management in Manhattan. We will make sure to provide your guests with seamless 365/24/7 access to your property. No matter what time of the day or night they arrive you can be certain that they will enter your property.
When you sign up with MasterHost it will be our job to prepare a custom Airbnb Guest Book that will be distributed to all future arrivals. The Guest Book will highlight your property listing the most important instructions about the unit, the parking, amenities, emergency contacts, WiFi, house rules, strata bylaws, trendy restaurants, and coffee bars in Manhattan.
What is Airbnb Concierge Service in Manhattan? Often overlooked by inexperienced hosts this is a crucial element of our overall Airbnb Management Strategy. It can earn you a significant added cash flow when executed correctly. For example, we can offer your guests services like guided excursions and tours, Airport pick-ups and transfers, booking tickets to local events and shows, reserving space at restaurants and so much more.
We will share our corporate secret with you and let you know the most common reason why hosts fire their Airbnb property managers before switching to MasterHost. Poorly executed Airbnb Cleaning and Laundry get mentioned most often in the negative reviews. We understand that our cleaners’ performance directly impacts the reputation of your listing. That is why we take Airbnb Cleaning in Manhattan very seriously. We invest in training and building our cleaning team to offer you a 5-star hotel cleaning experience in Manhattan.
Preventative Airbnb property maintenance in Manhattan remains on the top of the list of all sophisticated Airbnb investors and for a good reason. If you complete them on a regular basis you can prolong the life expectancy of your real estate investment. The last thing you want is a loss of revenue in the middle of your peak season because you have failed to perform routine maintenance of your property in Manhattan.
Based on the latest short-term rental market statistics Airbnb is the most popular platform in Manhattan with 92% of the market share. VRBO/HomeAway is standing in second place with a market share of 5%. Booking.com and TripAdvisor have the third largest share of the market at 3%.
MasterHost uses all tools at our disposal to achieve superior results. One of the most important tools is Airbnb management software with multi-channel capabilities and native integrations. With this software at hand, we are able to reach 99% of the entire Manhattan short-term rental traffic. Achieving maximum occupancy rates throughout the year for your Airbnb property has never been this easy!
10%
per booking
15%
per booking
12%
per booking
Airbnb Key Exchange
Airbnb Cleaning & Laundry
Airbnb Property Maintenance
Airbnb Guests Communication
Airbnb Listing Creation
Airbnb Listing SEO
Airbnb Booking Management
Airbnb Price Optimization
Airbnb Guest Screening
Multi-Channel Management
Payment Processing
Airbnb Guest e-Book
Airbnb Concierge Service
Dedicated Senior Manager
Priority Response
Free Emergency Visits *
Free Airbnb Photography
Airbnb Licensing Support
Airbnb Insurance Consulting
Airbnb Interior Design
﹡ Up to 2 visits per month
What Does Manhattan Airbnb Market Look Like?
For those wishing to start an Airbnb business, the Manhattan short-term rental market offers a great opportunity. With a population of 1,645,867, Manhattan is a bustling hub of activity that attracts millions of tourists and business travelers each year. Currently, there are 5,215 active rentals listed on the market for short-term accommodations, showcasing a vibrant and lucrative sector. This density of listings underscores the high demand for temporary housing options in the area, ranging from luxurious apartments in high-rise buildings to quaint brownstones in quieter neighborhoods. Whether for leisure or work, visitors are consistently in search of unique and comfortable places to stay, making Manhattan an ideal location for Airbnb hosts to capitalize on this ever-growing market.
Is Running an Airbnb Business Profitable in Manhattan?
Manhattan is a very profitable place to run an Airbnb because of the huge number of visitors and the city’s widespread appeal. Each year, millions of visitors are drawn to Manhattan, eager to experience the world-renowned attractions, entertainment, and cultural experiences that the city is famed for, including Broadway shows, iconic landmarks like Times Square and Central Park, and prestigious museums such as the Metropolitan Museum of Art. The host monthly average Airbnb revenue in Manhattan stands at an impressive $6,566, reflecting the high demand and willingness of tourists to pay for unique, conveniently located accommodations that offer a more personal touch than traditional hotels. This vibrant market, coupled with Manhattan’s status as a top tourist destination, presents a lucrative opportunity for Airbnb hosts.
How is Airbnb Business Regulated in Manhattan?
In Manhattan, Airbnb and other short-term rental platforms are heavily regulated with specific rules designed to preserve residential housing availability and maintain community integrity. Here are some key regulations:
MasterHost assists hosts in understanding these complex regulations by providing expert advice and guidance, ensuring that their Airbnb operations in Manhattan are both profitable and compliant with local laws. This support is crucial for hosts to navigate the regulatory environment successfully and maintain their business operations within legal bounds.
Why Choose MasterHost as an Airbnb Management Company in Manhattan?
Comprehensive Property Management Solutions
MasterHost offers complete property management services tailored to the unique needs of Airbnb hosts in Manhattan. From listing creation and optimization, guest communication, and price setting to professional cleaning and maintenance, our team handles every aspect of property management. This holistic approach ensures that every detail is meticulously managed to attract the highest number of guests and maximize rental income.
Total Peace of Mind
Choosing MasterHost means entrusting your property to experts who prioritize your peace of mind. We understand the complexities of managing short-term rentals in a bustling metropolis like Manhattan and are dedicated to making the process as seamless and stress-free as possible. Our hosts can relax knowing that their properties and guests are in capable hands, allowing them more time to focus on other important aspects of their lives.
Legally Compliant Hosting
Navigating the regulatory landscape of short-term rentals in Manhattan can be daunting. MasterHost specializes in ensuring that all properties are managed in accordance with local laws and regulations, providing a compliant operation that protects hosts from potential legal issues. We keep abreast of all changes in rental laws to safeguard your business, ensuring that your rental operation is always on the right side of the law.
Enhanced Revenue Opportunities
At MasterHost, we use our extensive knowledge of the Manhattan market to optimize your listing and pricing strategy, ensuring that your property achieves its full earning potential. Our strategic approach to marketing and guest management not only boosts occupancy rates but also enhances overall guest satisfaction, leading to better reviews and increased bookings. With our expert team, you can expect a significant uplift in your rental revenues.
What Are the Airbnb Daily Rates in Manhattan?
With an average daily fee of $424 for properties, MasterHost is familiar with the ins and outs of the Manhattan Airbnb business. This rate can vary significantly depending on several factors, including location, property type, seasonal trends, and local events. Notably, December sees the highest Average Daily Rate, soaring to $485, as visitors flock to the city for holiday festivities and New Year celebrations. Factors that influence the daily rate include the proximity to major attractions, the quality and amenities of the property, competition in the area, and timing of the booking. Understanding these elements allows us at MasterHost to expertly manage your listings, ensuring optimal pricing strategies to maximize your returns throughout the year.
What Are the Most Popular Rental Platforms in Manhattan?
We recognize the importance of leveraging the most popular rental platforms to maximize visibility and profitability for our clients in Manhattan. Airbnb dominates the market with a commanding 72% share, making it the top choice for both hosts and travelers seeking short-term rentals in the area. VRBO follows with a significant 16% market share, preferred by those looking for vacation homes or longer stays. The third most popular platform is Booking.com, holding 12% of the market, which attracts a diverse international audience and offers more traditional booking experiences. By strategically placing your property across these leading platforms, MasterHost ensures that your rental gains maximum exposure, tapping into different segments of the rental market to optimize occupancy and revenue.
What Are the Airbnb Rental Types and Sizes in Manhattan?
With a variety of property sizes and styles to suit a wide range of visitor preferences, MasterHost has a comprehensive understanding of the Manhattan Airbnb rental industry. The most popular rentals are 1-bedroom apartments, which constitute 69% of our listings, providing the perfect balance of comfort and convenience for solo travelers and couples. Following closely are 2-bedroom apartments, making up 19% of the market, ideal for small families or groups seeking extra space. Notably, 76% of our rentals are entire homes, offering guests privacy and a full array of home amenities, which is a significant draw for those looking to immerse themselves in the local lifestyle for both short and extended stays. This data allows MasterHost to strategically optimize and market properties, ensuring they meet the demands and expectations of travelers to Manhattan.
Is There Any Seasonality in Airbnb Business in Manhattan?
For you to maximize your rental strategy all year long, MasterHost understands the unique seasonality of the Manhattan Airbnb market. Our data highlights September as the peak month for occupancy, boasting an impressive rate of 72%. This spike is largely due to the influx of tourists and business travelers drawn by the pleasant weather and vibrant cultural events. In contrast, December experiences the highest daily rates, averaging $485, driven by the holiday season’s allure and New Year celebrations that attract visitors worldwide. Understanding these seasonal trends allows MasterHost to adjust pricing and marketing strategies effectively, ensuring that our hosts maximize their revenues during high-demand periods while maintaining competitive and attractive listings throughout the year.
What Are the Minimum And the Average Stay Duration in Airbnb Rentals in Manhattan?
A significant proportion of rentals have imposed a minimum stay requirement to align with local regulations and market demands. Specifically, 54% of our managed properties favor a 30+ nights stay policy, catering to guests who seek extended stays perhaps for business, education, or more immersive travel experiences. On the other hand, 21.4% of our properties are available for 1-night stays, accommodating those who need short, flexible lodging options, such as business travelers or weekend tourists. This strategic differentiation in stay durations allows MasterHost to tap into varied market segments, enhancing occupancy rates and maximizing revenue for our hosts by aligning their properties with market preferences and guest needs in Manhattan’s dynamic rental landscape.
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