The tourism market is booming and many young people are traveling around the world which means that there is a lot of money to be earned from the tourism market. At the same time if you look around you, you will see that many of the hotels and much of the accommodation that is available to travelers is very high end and expensive with all of the best facilities but the tourism market is changing drastically because the people that are travelling in this day and age are not people who have the money to stay in fancy hotels and neither are they the type of people who are looking for very fancy and expensive accommodation or facilities.
These are young people who looking to travel and discover which means that for their accommodation, all they are looking for is a clean, hygienic place to lay their heads at night and this is not something the current tourism trade can provide them with. This is why websites like Airbnb are so popular in this day and age because it lets everyday people rent out a room in their house to travelers for a very affordable price and it lets these young adventurers find places to stay that are not very expensive. This is where you can also build up a business. You can convert your home in to a mini guest house to start earning money in no time.
Renovating your home
Of course, you will need to invest some money in to the project to upgrade your home and renovate it to suit the needs of a traveler. You will need to speak to residential architects Newcastle who can help you to change part of your home in to a guest house and to divide your home in a way that you will have a place to stay while you remain separated from the area that you are renting out.
You will need to have a building design that is simple and also private because privacy is another important factor that these young travelers are looking for.Each room that you rent out will have to have its own bathroom because an en suite bathroom is one of the most basic things that a traveler looks for as they do not want to have to walk across an area to look for their room after they have had a shower. You do not need to have a lot of rooms at first. You can simply start with one or two rooms and then move on from there. You can learn more information here http://www.ltaa.com.au/.