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Are Hot Tubs a Good Investment for Your Vacation Rental?

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Are Hot Tubs a Good Investment for Your Vacation Rental?

We detail hot tub pros and cons for vacation rentals, covering costs, regular maintenance, and market appeal that might make a hot tub worth the investment.

Are you thinking about adding a hot tub to your vacation rental? It's a popular amenity that can enhance guest comfort and set your property apart. However, it's important to consider not just the appeal but also the practicalities – from the costs involved to regular upkeep and its impact on your electric bill.

In this guide, we explore the key aspects of owning a hot tub in a rental property. We'll cover the essentials of what it takes to maintain one and how it could affect your bottom line. Understanding both the benefits and the responsibilities will help you make an informed decision about this investment. Let’s explore whether a hot tub is the right addition to give your property an added edge.

Two people in a hot tub

Benefits of a Hot Tub in Your Vacation Rental

Whether it’s a beach bungalow or a mountain getaway, a hot tub has a place at just about any kind of rental, and it can even be a make-or-break feature for several guests. Here’s a comprehensive breakdown of the key benefits and value a hot tub can add to your property.

Wellness and Comfort

Introducing a hot tub to your vacation rental property significantly elevates guest comfort and well-being. The warm, soothing waters provide both relaxation and therapeutic benefits. Hydrotherapy, known for easing sore muscles and joint pain, transforms a vacation into a rejuvenating experience. Warm water is also great for stress relief, especially after a long day.

Social Interaction and Year-Round Attraction

A hot tub serves as a unique social space where guests can connect and unwind, fostering memorable interactions among families and friends. Its year-round appeal, whether on summer evenings or winter days, ensures your property stands out in the rental market, potentially leading to more consistent bookings.

Social Interaction and Year-Round Attraction in hot tub

Boosting Property Appeal and Marketability

A hot tub is a strategic investment. It differentiates your listing, attracting a wider range of guests who seek a luxurious stay. Properties with hot tubs often command higher rental rates and enjoy increased occupancy, enhancing your rental's earning potential. The perceived value of a hot tub significantly contributes to the overall appeal and competitiveness of your property.

Airbnb hot tub search filter

Ongoing Costs, Upkeep, and Financial Assessment of Your Hot Tub

Owning a hot tub in your vacation rental property offers numerous benefits for your guests. However, it’s essential to weigh these advantages against the responsibilities and costs associated with regular maintenance, energy usage, and long-term financial considerations. If you are using a property management service, a hot tub or swimming pool can impact your management fees.

Regular Maintenance and Unexpected Repairs

The regular upkeep of your hot tub is crucial for ensuring guest comfort and well-being. This includes routine cleaning, managing water chemistry with products like bromine or saltwater systems, and keeping the hot water in good condition. Setting aside funds for unexpected repairs is also important. A malfunctioning hot tub can lead to dissatisfaction among guests, especially those who booked specifically for the spa experience.

woman in large hot tub

Energy Efficiency and Utility Costs

Energy-efficient modern hot tubs are designed to minimize electricity costs, but they can still have a big impact on your electric bill. The continuous heating and operation of jet systems, especially in high-quality models like swim spas or American-made in-ground hot tubs, can lead to noticeable increases in energy costs.

Profit Margins and Long-term Financial Planning

For hot tub owners, it's vital to ensure that the additional rental income offsets the upkeep and electricity costs. If the expenses for maintaining the hot tub significantly reduce your profit margins, this could affect the overall financial viability of your investment. Additionally, planning for major repairs or replacement, covered by a solid warranty, ensures the hot tub remains in good condition for years, enhancing the year-round appeal of your property.

Evaluating the Investment

Before investing in a new hot tub, whether it’s a luxurious hot spring model, an energy-efficient jacuzzi, or an inflatable option, consider factors like your target market and real estate trends. The initial hot tub cost and ongoing expenses should be weighed against potential increases in bookings and the value of your home to potential buyers.

Contacting a local installer is a wise first step when evaluating the feasibility of a hot tub for your property. Local installers can help you understand expected installation, maintenance, and operation costs for various models. They will also be aware of considerations that are unique to your area.

hot tub under deck

Choosing the Right Hot Tub for Your Rental

Selecting the right hot tub is about more than just the cost—it's about enhancing the guest experience and ensuring compatibility with your property's theme and environment. Here's how to make a choice that pays off in satisfaction and durability.

Quality and Durability Matter

Invest in a high-quality hot tub that promises durability. This means selecting models from reputable hot tub dealers known for their reliability and service. Opting for a tub with a solid warranty and built to withstand frequent use by guests is a necessity. It not only reduces the headache of regular maintenance but also provides assurance against unexpected issues.

Complementing Your Property's Landscape and Aesthetic

A hot tub should integrate with your property's landscaping to enhance its natural beauty. Look for designs that fit well within your available outdoor space and complement existing design elements. Whether it's a rustic look for a country home or a sleek design for a modern villa, the right hot tub should feel like a natural extension of your property.

The aesthetic appeal of a well-chosen hot tub can significantly increase the perceived value of your rental. Consider the placement and how it will be viewed from inside the property as well as from outdoor living spaces. The goal is to create an inviting atmosphere that encourages relaxation and socialization, thereby boosting the appeal and competitiveness of your rental in the market.

Hot Tub In The Woods

Marketing Your Rental's New Feature: Showcasing Your Hot Tub

Adding a hot tub to your vacation rental can be a game-changer, and showcasing it effectively is key to attracting guests. Whether you’re listing on Airbnb, VRBO, or Google Vacation Rentals, high-quality, enticing photos of the hot tub should be a highlight in your property's gallery. Capture it during different times of day to show off the experience it offers, from a sunny afternoon soak to a relaxing evening under the stars. Include the hot tub as a standout feature in your property descriptions and amenity lists to ensure it catches the eye of potential renters.

You'll want to ensure you include "Hot Tub" in your amenities and any other relevant options. This will ensure that when your properties are listed on channels like Airbnb, VRBO, or Google Vacation Rentals, the Hot Tub search criteria will be applied to your listings.

Change Amenities - OwnerRez

The Role of a Hot Tub in Long-Term vs. Short-Term Rental Strategies

When considering the addition of a hot tub to your vacation rental, it's important to factor in your rental strategy: are you focusing on short-term or long-term rentals? A hot tub can be a major draw for short-term vacation rentals, frequently leading to increased bookings and allowing for premium pricing. Guests often look for unique and luxurious amenities for their short getaways, and a hot tub fits this criterion perfectly.

For long-term rentals, the appeal of a hot tub might differ. While it can still add value and attractiveness to the property, the considerations for maintenance and utility costs over a longer period become more prominent. Long-term renters might value consistent comfort and convenience over luxury amenities.

Navigating the Legalities and Safety Protocols

Installing a hot tub at your vacation rental comes with important legal and safety considerations. Here are key points to keep in mind:

Compliance with Laws: Make sure the installation complies with local zoning laws and building codes, which can vary significantly from one area to another.

Water Hygiene: Regularly balance chemicals like bromine or chlorine to ensure the hot tub remains a safe and hygienic environment for guests.

Clear Instructions: Provide guests with clear, easy-to-understand instructions on safe hot tub use to avoid any potential mishaps.

Non-Slip Surfaces: Install non-slip surfaces around the hot tub area to reduce the risk of slips and falls.

Handrails and Steps: Ensure that handrails and steps are secure and stable, offering additional safety for guests as they enter and exit the hot tub.

Alternative Luxury Wellness Options

While hot tubs are a popular choice for adding luxury and relaxation to vacation rentals, there are several other luxury amenities that can equally appeal to guests and boost your property's value:

Saunas: A great addition for guests who seek a relaxing and health-boosting experience. Saunas are known for their benefits, like improved circulation, stress relief, and muscle relaxation. They can be a unique selling point, especially in colder climates or for rentals focusing on health and wellness.

Steam Rooms: These provide a spa-like experience, offering relaxation and respiratory benefits. Steam rooms are particularly attractive in urban or luxury properties where guests might be looking for a high-end wellness experience.

Massage Chairs or Massage Services: Offering a massage chair or arranging for in-house massage services can provide guests with an unmatched level of relaxation and comfort. This feature is a simple yet effective way to elevate the luxury quotient of your rental.

Yoga and Meditation Spaces: Creating a dedicated area for yoga and meditation, equipped with mats and peaceful decor, can attract guests interested in fitness and mindfulness. This is an increasingly popular trend in vacation rentals.

Fitness Equipment: Providing basic fitness equipment or a small home gym can appeal to health-conscious travelers who don’t want to skip their workout routine while on vacation.

Simplify Property Management with OwnerRez

A hot tub can significantly elevate your vacation rental's appeal and guest satisfaction, making it a wise investment for property value enhancement. To fully capitalize on this and streamline your rental business, consider OwnerRez's property management services.

OwnerRez offers expert solutions in managing your vacation rental efficiently, from handling bookings to maintaining your property to perfection. Embrace the ease of professional management and focus on delivering exceptional guest experiences. Explore the benefits and get started by visiting OwnerRez Property Management Services.