The Airbnb boom in Wichita Falls
WICHITA FALLS, Texas (KAUZ) - Whether owners just want to make some extra income over a weekend or use this as an alternative to renting, Airbnb is on the rise here in Wichita Falls.
“I think with the military community, we have a lot of need for short-term rentals,” Will Clark, owner and principal designer of Clark Design Studio, said.
Airbnb’s in Wichita Falls have become more popular and hosts thank Sheppard Airforce base for that.
“We get a lot of people that are coming to visit their airmen or just coming to stay for the weekend related to Sheppard, so that’s a big part of our Airbnb community,” Clark said.
Airbnb may cost more than your average hotel, but hosts feel they have more to offer.
“I think the main difference is that especially if it’s an Airforce family, having their son or daughter come to the house where they could like cook for them, have a kitchen, have a television with a living room,” Clark said. “It’s a place where you can have a little bit more of like a family environment. So, like a home away from home.”
More owners have been popping up in Wichita falls as they see it as a better alternative to renting and simply feel like it’s a fun passive income.
“Ours has been profitable,” Clark said. “I mean there are definitely times when we freak out and we’re like oh no, you know, no ones here right now, but at the end of the month we look back at that and we have slow months but in general, it usually covers the bills and there’s usually a little left over after that.”
Some local owners are making anywhere from $100,000 up to $1 million a year off of their Airbnb and don’t see it slowing down any time soon.
“I think that the convention hotel, I’m hoping will bring new business,” Clark said. “It’s not like it’s going to be stealing other hospitality, you know, the business and so I think that’s the plan and I think that’s sound sense. We’re going to get new conventions and then you also would maybe take away from other hotels around there but I don’t necessarily see it taking away from Airbnb.”
Airbnb’s offer an alternative to hotels and can make you feel right at home, but if you’re interested, you might have to book soon because the waiting lists fill up fast.
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