United States: Airbnb announced the introduction of “Airbnb-friendly” apartments, a listing service exclusively for assets that allow short-term rentals in the United States.
As part of the home-sharing platform to make accommodation more “accessible” to more people, Airbnb will allow renters to find accommodation and sublet it on Airbnb on a part-time basis when they stay far from their home. These tenants will be able to house a spare bedroom or an entire apartment after Airbnb has partnered with more than 175 Airbnb-friendly apartment buildings in more than 25 U.S. markets, including Houston, Phoenix and Jacksonville.
According to The Wall Street JournalAirbnb plans to offer property managers a share of up to 20% of total booking revenue from sublets, in a bid to entice more large landlords to partner with the listing service.
The properties listed on the “Airbnb-friendly” apartment service are believed to be managed by 12 different companies, including Equity Residential and Greystar Real Estate Partners LLC.
Amid a cost of living crisis, Airbnb said it wants to help more people reap the benefits of accommodation and access new sources of income, while the service is also designed to generate ancillary income for the owners at the same time. Over a three-month period, tenants who hosted in “Airbnb-friendly” apartment buildings hosted an average of nine nights per month and earned an average of $900 per month, according to the platform.
Earlier in November, Airbnb said it saw a 31% increase in the number of individual room listings on its platform in the third quarter, which it called “disproportionate” as more and more people were considering hosting for the first time to earn an income.
Nate Blecharczyk, co-founder and chief strategy officer of Airbnb, said: “Airbnb was founded during the Great Recession when Brian and Joe needed help paying their rent, and now Airbnb-compatible apartments are growing. build on this founding story by making it easier for people to reap the economic benefits of hosting. As the cost of living continues to rise, renters can use the extra income earned by hosting part-time on Airbnb to contribute to their rent, save for a house or pay other living expenses.
Potential tenants who want to host part-time will be able to browse other “Airbnb-compatible” apartments, access an income calculator to understand how much they could potentially earn, connect with building management, and use Airbnb. To installa new program that simplifies the hosting process for new hosts by pairing them with Superhosts.
To support sustainable and responsible tourism, each building in the program will have its own community rules for lodging, including a limit on the number of nights tenants can lodge each year. Renters will also need to follow local short-term rental regulations, building regulations, and Airbnb’s own rules. community standards.
Airbnb added that the program will roll out to other cities in the coming months.
In ShortTermRentalz predictions for 2022, we discussed how new categories of flexible living and housing solutions would emerge and exist alongside each other to serve different travel people based on their accommodations, type travel, location flexibility and inventory – read the thoughts of Jetstream’s Mike Liverton and Orion Haus’ Cindy Diffenderfer in this room.
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