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Apr 7, 2023
Making your short-term rental more eco-friendly is not only vital to the future of our planet; it’s a responsible hosting practice that gives your business more credibility and appeals to guests.
About 71% of global travelers said they want to travel more sustainably this year, according to Booking.com’s most recent Sustainable Travel Report.
Out of nearly half of travelers who said they stayed in an eco-friendly accommodation last year, 41% said they chose that specific property to help reduce the environmental footprint of their trip, the report stated.
This trend suggests that joining the effort to make travel more environmentally sustainable brings the added benefit of making your business more sustainable in the long run.
Property managers and hosts should be getting into this market because it’s a growing market,” said Bob Garner, an environmental advocate and owner of several eco-friendly vacation rental units in the Marche region of Central Italy. “And if you’re not doing eco stuff, you’re not going to attract those eco-travelers who are now starting to think how they can travel more sustainably.”
Incremental eco-friendly swaps can pay off in the long-term with added cost savings and increased guest demand. Here are nine ideas to start, ranging from budget friendly to big impact.
LED lights
Replace your incandescent lighting with LED light bulbs. LED light bulbs are the next best thing to shutting off your lights because they consume 75% less energy and last up to 25 times longer than incandescents. For less than $3 a bulb, they offer three-in-one benefits: They’re better for the environment, they save you money on electricity, and they consume less time for replacement.
Recycling
Eco-conscious guests typically recycle in their own homes, so they likely expect to recycle when staying at your vacation rental. Even those who don’t recycle might make the effort if you make it as easy as possible for them. Provide well-marked, easily accessible recycling bins that are close to the trash can. Additionally, if you expect guests to tote recycling carts to the curb, make sure to post a pickup schedule near the bins and include the schedule in your digital guestbook.
Energy tariffs
A green tariff is an electricity rate offered by a local utility that allows customers to purchase up to 100% of their electricity from renewable sources. By switching to a green tariff, your money is supporting the production of green, renewable energy, and it’s as simple as calling your supplier and making the request.
If your supplier doesn’t offer such a tariff, then consider changing your supplier, if another option exists. The World Resources Institute offers a map of renewable energy suppliers in different states in the U.S.
Ditch single-use plastic
The tiny bottles of shampoo, conditioner, and body wash that often come in short-term rentals are convenient, but they’re harmful to the environment. Instead of single-use plastic containers, opt for soap, shampoo, and conditioner dispensers that can be refilled as needed. You might even save money buying in bulk.
Similarly, providing bottled water to your guests is certainly a courtesy that comes with good intentions. Instead, consider providing reusable water bottles – maybe even custom branded to your property! – or encourage guests to bring their own and make sure there’s filtered water where they can refill their bottles.
Another way discourage the use of single-use plastic is to stock your property with reusable bags for groceries or the local farmers’ markets. You could even gift your guests with a branded reusable bag as a souvenir of their stay at your home. Finger Lakes Premier Properties does this well with their welcome bag.
Low-flow toilets and faucets
U.S. households waste approximately 900 billion gallons of water each year – enough to supply water to about 11 million households, according to the EPA. Meanwhile, two-thirds of the world’s population may face water shortages by 2025 if the current consumption rate persists.
Installing water-efficient fixtures and toilets helps conserve this precious resource and saves you money in the form of lower water bills.
Water-efficient, also called “low-flow,” toilets, faucets, and showerheads, such as WaterSense-labeled products, can reduce your water consumption by at least 20%, according to the EPA.
Don’t fret about a reduction in water pressure: Low-flow faucets are designed to maintain water pressure using aeration and pulse technology.
Leak detection systems
A slightly more advanced way to save water and prevent leaks is installing a leak detection system like Phyn. These types of smart home systems monitor for water leaks, changes in humidity, and freezing temperatures. The system can even shut off your home’s water main to prevent property damage, a true savings when you consider that average water leak damage costs nearly $10,000 to repair.
Installing Phyn also could save you money on property insurance premiums. Proper Insurance, which specializes in short-term rental insurance, offers a 10% discount on your base premium with proof of installation.
Energy-efficient appliances
When it’s time to replace your appliances, choose ENERGY STAR Certified products. Energy-efficient appliances signal your dedication to sustainable practices and save you money on electricity bills. Check out the ENERGY STAR website for tax rebates you can get on certain appliances.
Depending on the type of appliance, you can save between 20% and 50% on your monthly electricity or natural gas bills. While the price tag for ENERGY STAR appliances tends to be higher, you can recoup that cost over the first few years with the savings in energy bills.
Smart thermostats
These energy-saving gadgets offer an efficient way to heat and cool your home and can be accessed offsite for remote control. The devices save energy by detecting whether a room is occupied or vacant and adjust the temperature accordingly, based on how you program it.
Many smart thermostats are accessible through voice assistants like Amazon Echo and Google Home. Systems designed for rentals allow managers and owners to set minimum and maximum temperatures to prevent unnecessary energy consumption.
Solar panels
Solar panels are among the more expensive upgrades to make your home more eco-friendly, but they can potentially reduce your electricity bills to zero, and you can sell electricity into the grid. Installing solar costs an average of $16,000, ranging from $3,500 to $35,000 depending on the type of technology, according to Forbes.
Highlight sustainability features in your STR listing
Once you’ve added eco-friendly features, blast the news from your proverbial STR rooftop. In other words, make sure you advertise your short-term rental’s sustainability features.
Let your guests know on your website and in your listing the specific, eco-friendly features that you offer and why your guest should feel good about staying at your home.
By going green, you will gain access to specialty online booking sites like Ecobnb, which only list properties with sustainable practices.
Finger Lakes Premier Properties, the leading property management company in the Finger Lakes region is already operating in the eco-friendly market by providing some of the recommendations above.
A few other initiatives they have spearheaded is using eco-friendly paper products and even bio-degradable stickers. All the way to supporting the multiple Finger Lakes watersheds and lake Associations. It's important to protect the Finger Lakes so our future generations have them to enjoy.
As sustainability evolves into an industry standard, it’s likely that more hosts will follow suit.
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