Airbnb uses Greystar to send rentals to its platform

(Bloomberg) – Airbnb Inc. has asked Greystar and other landlords to list rental properties that are also eligible for short-term stays in an effort to attract renters who want to become hosts themselves.

San Francisco-based Airbnb is rolling out the initiative in more than 25 markets, including Phoenix, Houston and Jacksonville, Fla., according to a statement released Wednesday. Potential tenants can browse apartments on the Airbnb website and use a calculator to see how much income they could generate from timeshare accommodation.

Greystar, based in Charleston, South Carolina, the largest apartment manager in the United States, will add nearly 115 properties to the program and may add more, according to a company spokesperson. UDR Inc., another landlord, has listings for apartments on the Airbnb site, including at Fiori On Vitruvian Park, a rental community in the Dallas suburb of Addison, Texas.

Airbnb shares rose 1.27% at 10:33 a.m. in New York.

The home-sharing company has already taken steps to make it easier to get started on the platform, such as allowing new hosts to connect with so-called superhosts for advice when creating their listing and giving them the opportunity to have an experienced guest. for their first visit. CEO Brian Chesky said earlier this month that he expects more hosts to join the platform as the economy softens and people search for more. other sources of income.

–With the help of Patrick Clark.

©2022 Bloomberg LP

Comments are closed.