Should you install a hot tub at your short-term rental?

While it can be a luxurious feature, there is plenty to consider before installing a hot tub at your short-term rental.

Here at HCH, we've put together a list of pros and cons for hosts and property managers to consider before making this investment.

Pros

1. Increased attraction for guests

A hot tub can be a major selling point for potential guests. Properties with hot tubs often stand out and can attract a specific market segment seeking a premium experience.

2. Higher revenue

The addition of a hot tub can justify higher nightly rates, allowing property owners to potentially increase their income.

3. Enhanced guest experience

A hot tub provides a unique and enjoyable experience for guests, contributing to positive reviews and increased customer satisfaction. Guests may appreciate the opportunity to relax and unwind, creating lasting memories of their stay.

4. Year-round appeal

Unlike some seasonal amenities, hot tubs can be used throughout the year, making your property attractive in various seasons.

5. Competitive edge

In a competitive short-term rental market, having a hot tub can give your property an edge over similar listings.

Cons

1. High initial cost and installation

Purchasing and installing a hot tub can be a significant upfront investment, including costs for purchase, delivery, and installation. Maintenance and potential repairs can add to the overall expense.

2. Increased operational costs

Operating a hot tub requires additional expenses such as electricity to run the heater and regular maintenance costs for water treatment and cleaning. These ongoing costs can impact the property's overall profitability.

3. Liability and safety concerns

Hot tubs come with safety and liability risks. Accidents, injuries, or infections related to hot tub use can lead to legal issues. Property owners may need to invest in safety features, signage, and insurance coverage to mitigate risks.

4. Maintenance challenges

Hot tubs require regular maintenance to ensure water quality, cleanliness, and proper functioning. Property owners must invest time and money in maintaining the hot tub, and any neglect can lead to negative guest experiences.

5. Limited appeal to some guests

While many guests may appreciate a hot tub, some may not be interested or may even find it a deterrent due to personal preferences or health reasons. Families with young children or guests with certain health conditions may avoid properties with hot tubs.

Conclusion: Installing a hot tub at a short-term rental property can be a lucrative investment, but it comes with both financial and operational considerations. Careful evaluation of your target market, property location, and budget is essential to determine if a hot tub aligns with your overall rental strategy. Balancing the potential for increased bookings and higher rates against the costs and challenges associated with a hot tub will help you make an informed decision that enhances the overall guest experience while maintaining the financial viability of your short-term rental.

Let us know what you think in the comments!