Here are some tips on starting a short let service apartment business:

• Research the market – Analyze demand for short-term rentals in your area and preferred locations using data on tourism, business travel, events etc. This informs the viability.
• Develop a business plan – Create a business plan covering your target market, operating model, unit mix, pricing strategy, startup costs, licensing needs, and financial projections.
• Raise capital – Estimate start-up costs realistically and explore funding options like savings, loans, investors etc. Sufficient capital is key.
• Find and furnish apartments – Leverage real estate contacts to source apartment units in advantageous spots for travelers. Furnish and equip them attractively but cost-effectively.
• Build an online presence – Create a slick website with photos, details, online booking and payment to market your units and attract direct bookings. List on booking rental platforms too.
• Consider staffing needs – Depending on scale, you may need guest services staff, cleaners, maintenance crew. Or outsource these tasks initially.
• Comply with regulations – Research and comply with licensing, zoning, taxes, health and safety laws applicable to short term rentals in your area.
• Focus on guest experience – Make the check-in, amenities, technology, comfort, and support excellent. Positive guest experiences drive referrals and repeats.
• Track data – Use analytics across platforms to understand occupancy, rates, peaks and dips. Refine your pricing and operations strategy accordingly.