It is worth an estimated $40 billion, and there are around 6 million active property listings from more than 4 million property owners scattered across 100,000 towns and cities.

Today, its headquarters is still in San Francisco, but the company now operates in more than 220 countries and regions across the globe. This approach marked the beginning of a business that would pioneer a refreshing type of property rental. Here, you will learn everything you need about how Airbnb works for homeowners, whether primary, part-time, or full-time landlords.Īt the end of this guide, you can decide whether Airbnb is a good option for you and how best to start your short-term lettings. If you’re wondering what Airbnb is, “ how does it work for owners?” and how you can leverage the service to monetise your property, awesome. Good for you if you’re already letting out your apartment on the Airbnb platform. Before its launch in 2007, other players dictated a large part of affairs, and the only options for travellers were hotels and hostels. Airbnb has transformed how the hospitality industry works. One of those that have taken a serious interest in the sector is Airbnb. Therefore, it should be no surprise that private institutions are looking in its direction. It also employs as many as 2.9 million people, making it the third largest among private sector employers in the country. The hosts might as well add, “don’t eat, breathe, poop or pee in this rental.Airbnb is already a household name as far as hospitality is concerned, but how does Airbnb work for owners? The hospitality industry is a crucial part of any economy, partly because housing is a basic necessity and due to the exciting dynamic with which it is growing.Īccording to an UKHospitality report, the United Kingdom hospitality industry generates as much as £130bn. “Long stayers will have to do their own cleaning and buying rolls on consumables.”.“Toilet roll supplied only on first day.”.“No cooking or washing machine use for guests staying less than four days”.“WIFI only adequate for making video calls or light internet use”.“Working or studying from home not allowed” (one rule I agree with, TBH).“Leave a clean room/bathroom prior to departure.”.“Washing machine use only once every four days for long-term guests.”.“No use of washing machine or kitchen for guests staying less than four days.”.“Visitors strictly not allowed without prior permission from me! “.

If you have more than two big items with each guest, you have to keep in external storage.”

Anyways, the “additional rules” note begins with: “This is mainly a short stay place, so we don’t expect much luggage with the guest.

Airbnb listing