Sentral partners with Airbnb to launch new colocation program in select communities

Known for its amenity-rich communities, Sentral, in partnership with Airbnb, offers its residents the ability to share their home as a new community amenity in just a few simple steps. Sentral’s Home Sharing Manager helps residents manage their listing, rates, availability, and photographs. Sentral and Airbnb both take care of the hosting aspects. For example, Airbnb offers guest screenings and provides AirCover for Hosts, a top-down protection program for hosts. Sentral provides access to on-demand scheduled services, such as cleaning and maintenance and access control to smart locks.

Eligible residents will now be able to list their apartments on Airbnb as an opportunity to help earn extra money by sharing their space when out of town or for a local event, allowing them to capitalize on peak periods. request. To ensure and protect a sense of community at each Sentral property, residents may share for up to 150 nights per year, subject to local laws and restrictions.

“Flexible living is the new normal,” said Jon Slavet, CEO of Sentral. “The Sentral Homeshare program makes it easy and safe for our residents to earn extra money while they travel, helping them pay their rent and be an integral part of our communities. That’s life on their terms.”

“Airbnb has long supported and enabled building owners and their residents to benefit from home sharing. We are thrilled that Sentral, a unique company committed to flexible living, is enabling more tenants to have economic autonomy hosting their home when they travel,” said Jesse SteinAirbnb manager for real estate.

Hosting on Airbnb offers powerful economic benefits to Hosts. In 2021, the typical host in the United States earned more $13,800an 85% increase from 2019. This is not limited to existing Hosts; new Hosts in the United States also saw their income increase in 2021, earning more than $1.8 billionup 34% compared to 20191.

Dedicated to the safety and security of their residents and communities, Airbnb’s existing policies and coverage will apply to residents who host their Sentral apartment on Airbnb. This is one of the many unique perks and lifestyle perks Sentral offers residents, including curated local community and exploration experiences, a Resident Sponsorship Program, exclusive travel benefits, a community app from Cobu, curated city travel guides, exclusive offers from retailers and locals. partners, and more.

To learn more about Sentral’s new Homeshare program in partnership with Airbnb, please visit: sentral.com/homesharing.

ABOUT SENTAL
Sentral is the leading residential brand and operating platform that transforms Class A multifamily assets into any length of stay – from one night, to a quarter, to a year and more. Backed by ICONIQ Capital, Sentral is building the world’s largest flexible living community that is redefining the way people live, travel and work. Offering both furnished and unfurnished apartments with flexible lengths of stay, Sentral allows residents to live in or visit amenity-rich buildings in the nation’s most desirable cities, including Atlanta, Austin, Chicago, denver, Los Angeles, miami, NashvilleScottsdale and Seattle, for any period of time. Sentral has brought together world-class partners across technology, hospitality and multi-family lodging to support the business with talent, resources and best practices. Highgate, Bozzuto Group and Ascendant Capital Partners are active investors and board members. To date, over $700 million has been invested in this flexible and innovative living platform. sentral.com @SentralLife

ABOUT AIRBNB
Airbnb was born in 2007 when two hosts welcomed three guests into their San Francisco home, and has since grown to 4 million Hosts who have hosted over 1 billion guests in over 220 countries and regions. Every day, the Hosts offer unique stays and unique activities that allow travelers to discover the world in a more authentic and connected way. Offering hosted travel and the ability to live anywhere globally, Airbnb has become a noun and a verb and most of the traffic to our platform remains organic. We will continue to invest in innovations that expand the travel market and pave the way for making travel a way of life.

1 Based on Airbnb internal data between January 1 and December 31, 2021.

SOURCE Central

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