The properties available include entire houses and private rooms. Airbnb also provides a more personal and local experience than an impersonal hotel for travellers looking to experience local cultures.Ī quick look at Airbnb online will show you various properties in almost any area. With the Covid-19 pandemic very much still at the forefront of the news, having a more private space to stay in is far more appealing than staying in a potentially busy hotel. In 2022, Airbnb is more popular than ever as more people are seeking their own self contained self-catering spaces for holiday and business trips instead of hotels and resorts. The concept behind Airbnb is to provide people with a spare room the opportunity to earn an extra income by renting out that unused space to travellers. If you or someone close to you has travelled recently, there’s a good chance they have paid to stay in someone’s spare room or private rental instead of opting for the more traditional hotel. What are the pros and cons of becoming an Airbnb host?Īirbnb has changed the way many of us travel.What type of properties make the most money with Airbnb?.But how profitable is it for new hosts wanting a slice of the Airbnb lifestyle? In 2022 Airbnb is valued at over 110 billion dollars. For hosts, Airbnb allows you to turn any space into a potential income generator. Nowadays, Airbnb’s come in all shapes and sizes, from its humble origins of the spare room in a host home to holiday rental properties around the globe to suit all budgets. It started as a small company in 2008 to provide budget travellers with a spare bed in someone’s house for a small fee. In fact, 900,000 bookings (and counting) have now been made via the website. Airbnb has over 4 million hosts active on its platform across the world.
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