Secure Your Airbnb with Smart Locks: The Ultimate Guide
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In the sphere of Airbnb business strategy, vacation rental hacks, and short-term rental insights, one area has garnered tremendous attention – Airbnb smart locks. The concept of an Airbnb smart lock and the indispensable role it plays in every host’s property management routine warrant a comprehensive examination.
In 2022, the global smart lock market was valued at $1.95 billion, and it is expected to grow at a compound annual growth rate (CAGR) of 19.6% from 2023 to 2030. As of 2023, the residential application segment had the highest revenue share of over 63%.
In the United States, it is estimated that 60.4 million households will use smart home devices at least once a month in 2023. According to a Consumer Technology Association (CTA) study, about 69% of U.S. households (or 83 million households) own at least one smart home device. Of these, only 10% have adopted smart locks.
The meteoric rise in smart lock adoption underscores a trend that short-term rental property owners cannot afford to ignore.
Let’s explore the world of Airbnb smart locks, shed light on their role in modern property management, and highlight the best smart lock brands worth considering. We’ll delve into ways to further secure your Airbnb with smart locks and overcome any potential hurdles that might arise in the course of its use.
Unveiling the Airbnb Smart Lock
Typically, any retail smart lock available on the market can be installed on your Airbnb rental property. The benefits of smart locks are manifold: facilitating key exchanges, easing maintenance access, and enhancing general safety for hosts, guests, and the property management team.
To understand these advantages, let’s dive deeper into the nature of smart locks.
Understanding Smart Locks
Smart locks represent a blend of traditional and electronic mechanisms. They offer flexibility in terms of installation, either replacing the conventional lock entirely or complementing it. Apart from the digital system, some smart locks can be operated with a backup physical key. On the inside, buttons or regular thumb turns can lock or unlock intelligent locks.
Operating a Smart Lock: The Fundamentals
Depending on the model, smart locks incorporate several unlocking methods. These include user codes (which encompass one-time passwords), biometrics (like fingertips and voice recognition), mobile and web app commands, and geofencing.
Smart Locks: The Security Quotient
Renowned brands provide end-to-end encryption and employ proprietary encryption protocols, ensuring a unique cipher for information transmitted between a smart lock and a connected device or software. This cipher isn’t stored anywhere, rendering it virtually impossible for even developers to decipher, let alone potential intruders. Additional security features may include fingertip-proof keypads, alarms, auto-lock features, emergency sirens, built-in cameras, and more. Smart lock apps also retain logs, allowing the owner to monitor the history of entries, departures, or unsuccessful unlocking attempts.
Enhancing Smart Lock Security
It’s advisable to activate all the security features offered by your chosen smart lock. Additionally, you can control the smart lock settings via its accompanying software, and many smart locks are compatible with popular virtual assistants and smart hubs.
Smart Lock Installation and Use
Smart locks can be installed wherever needed, from the front door to kitchen cabinets. Power outages pose no challenge, as modern smart locks operate on batteries, which can last from 1 to 24 months. These locks also provide notifications when the batteries are nearing depletion.
Installing a smart lock is relatively straightforward, and most people can manage it with a screwdriver and some user-friendly software.
The Role of Smart Locks in Airbnb Business
Smart locks can substantially streamline your Airbnb business operations.
Facilitating Self Check-in. With a smart lock, remote access simplifies the coordination process. Hosts can ask guests to install a free app for the property’s smart lock, set up access permission for them, or create unique passcodes sent in advance. This enables guests to lock and unlock the property using the app or the provided code.
Streamlining Property Maintenance. Smart locks allow property owners to assign different access levels to team members, provide temporary entry codes to hired workers, and send out emergency codes when needed.
Choosing the Right Smart Lock. When selecting a smart lock, consider options with multiple access methods, combining remote access, keypad entry, and an additional physical keyhole. While features like fingertip access, voice recognition, or geofencing can be enticing, they are not absolutely necessary for a rental property and usually drive up the cost.
Stay clear of extremely low-cost options. Trustworthy smart locks generally start around $100, and it’s advisable to select a model from a reputable brand. Also, make sure the smart lock supports remote access and is compatible with your phone’s operating system and your property management software or Airbnb calendar. A smart lock with a large code combination capacity, a check-out button, and a lighting feature can be advantageous, especially for guests checking in after dark.
Installation and Familiarization of Smart Locks
Even though anyone who can use a screwdriver can install the majority of smart locks, you can always hire a reputable handyman if you’re unsure. It’s also worth noting that the cost of installing a smart home electronic lock can range from $100 to $500, and can even go up to $2,000+ for more high-tech systems. After installation, take time to read through the manual and understand the lock’s functionalities to maximize its potential.
The Bottom Line
Smart locks are an invaluable asset for Airbnb hosts, offering not just improved security but also streamlined property management. With the ongoing growth of the smart lock market, now is the time for short-term rental property owners to ride the wave and enhance their properties’ safety and convenience.
When chosen wisely and used effectively, smart locks can truly unlock the potential of your Airbnb business. Make sure to weigh your options carefully, considering the features that matter most to your specific needs. As technology continues to advance, the key to staying competitive in the rental market is to keep abreast of these innovative solutions and utilize them to your advantage.
Here are some top options along with their average prices, reasons why they stand out, perks for short-term rental hosts, and notable models
Average Price: $200 – $300
Why We Like the Brand: August offers a wide range of smart lock options that are known for their sleek designs and compatibility with various door types. They provide advanced features like keyless entry, remote access control, and seamless integration with popular home automation systems.
Perks for Short-Term Rental Hosts: August smart locks offer Airbnb-specific features such as the “August SmartHost” program, which allows hosts to remotely manage guest access, issue virtual keys, and monitor entry and exit activity. It provides a seamless experience for both hosts and guests.
- August Smart Lock Pro: This model supports Wi-Fi connectivity, allowing hosts to control access remotely. It also works with voice assistants like Amazon Alexa, Google Assistant, and Apple HomeKit.
- August Wi-Fi Smart Lock: A newer model that combines the features of the Smart Lock Pro with built-in Wi-Fi, eliminating the need for an additional bridge device.
Average Price: $150 – $350
Why We Like the Brand: Yale is a trusted and well-established brand in the security industry. Their smart locks offer a wide range of features, including keyless entry, voice control compatibility, and integration with popular smart home ecosystems. Yale locks are known for their robust construction and reliability.
Perks for Short-Term Rental Hosts: Yale smart locks provide guest access management through their dedicated app, allowing hosts to create unique entry codes for each guest. This feature enables hosts to monitor access, receive notifications, and easily revoke access once the guest’s stay is complete.
- Yale Assure Lock SL: This slim, key-free smart lock offers touchscreen keypad entry, compatibility with voice assistants, and the ability to create up to 250 unique entry codes for guests.
- Yale Assure Lock Connected by August: A collaboration between Yale and August, this model combines Yale’s hardware with August’s software capabilities, providing the best of both worlds.
Average Price: $150 – $250
Why We Like the Brand: Schlage is known for its durable and high-quality locks. Their smart locks offer a range of features, including keyless entry, remote access, and compatibility with popular smart home platforms. Schlage locks are praised for their easy installation process and stylish designs.
Perks for Short-Term Rental Hosts: Schlage smart locks provide the ability to create and manage up to 100 unique access codes, allowing hosts to grant temporary access to guests. The locks also offer tamper alerts and a built-in alarm system to enhance security.
- Schlage Encode Smart Wi-Fi Deadbolt: This lock connects directly to your home’s Wi-Fi network, eliminating the need for additional hubs or bridges. It offers remote access control, voice assistant compatibility, and a built-in alarm.
- Schlage Connect Smart Deadbolt: This model uses Z-Wave technology to integrate with popular smart home systems. It provides keyless entry, can store up to 30 access codes, and has a built-in alarm to deter potential intruders.
Average Price: $100 – $250
Why We Like the Brand: Kwikset offers a wide range of smart lock options that blend traditional lock designs with modern technology. Their smart locks are known for their ease of installation, user-friendly interfaces, and compatibility with popular home automation platforms.
Perks for Short-Term Rental Hosts: Kwikset smart locks allow hosts to create and manage multiple unique entry codes for guests. This feature enables hosts to grant temporary access and easily revoke it once the guest’s stay is over. Kwikset locks also offer keyless entry, tamper alerts, and the convenience of remote access control.
- Kwikset SmartCode 916 Touchscreen Electronic Deadbolt: This model features a responsive touchscreen keypad for keyless entry, customizable access codes, and compatibility with smart home systems like Z-Wave or Zigbee.
- Kwikset Halo Touch Fingerprint Smart Lock: In addition to traditional entry methods like keycodes and physical keys, this model offers a fingerprint sensor for quick and secure access.
Nest x Yale
Average Price: $250 – $300
Why We Like the Brand: Nest x Yale is a collaboration between Nest, a renowned smart home brand, and Yale, a trusted lock manufacturer. The smart locks from this brand seamlessly integrate with Nest’s ecosystem, providing a comprehensive home security solution.
Perks for Short-Term Rental Hosts: Nest and Yale smart locks allow hosts to create passcodes for guests, grant temporary access remotely, and receive notifications when guests arrive or depart. These locks also work with the Nest Secure alarm system, enhancing the overall security of your property.
- Nest x Yale Lock: This model offers keyless entry, tamper detection, and compatibility with the Nest ecosystem, allowing hosts to manage guest access through the Nest app or Nest Connect hub.
Average Price: $150 – $250
Why We Like the Brand: Danalock specializes in smart locks and offers a range of models designed to fit various door types. Their locks feature a sleek and compact design, advanced security features, and compatibility with popular smart home platforms.
Perks for Short-Term Rental Hosts: Danalock smart locks allow hosts to grant temporary access to guests through their dedicated app. The app provides the ability to manage access codes, monitor entry and exit logs, and receive notifications. Danalock also offers a “TwistAssist” feature for easy manual unlocking.
- Danalock V3: This model supports Bluetooth and Z-Wave connectivity, providing flexibility in terms of compatibility with different devices and systems. It offers keyless entry, one-touch locking, and the ability to create and manage up to 100 unique access codes.
Remember to consider factors such as compatibility with your existing smart home ecosystem, installation requirements, and the specific features that align with your needs when selecting a smart lock for your Airbnb property.
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