Airbnb Investing: Start A Business With The Ultimate Management Guide To Make Money With Airbnb Marketing, Hosting And Listing Tips by Elizabeth Tucker
English | 2021 | ISBN: N/A | ASIN: B08XB9P3D6 | 67 pages | MOBI | 0.20 Mb
English | 2021 | ISBN: N/A | ASIN: B08XB9P3D6 | 67 pages | MOBI | 0.20 Mb
Okay, you are likely feeling a little impatient to dive right in, but in order to get started on your journey to seven-figure passive income, you need to know a bit more of the background with the practice of Airbnb, how it has managed to disrupt the hotel industry worldwide, and why it is such a major economic juggernaut. The only way that Airbnb could have reached its current levels of global success is because of the simple but crucial fact that guests and hosts both love it. Guests love Airbnb for a series of emotional, practical, and economic reasons, that makes it better than a traditional hotel experience. Hosts love Airbnb because of how easy it makes it to get started in the business world. In the sections below, we will discuss these points in more detail, in order to give you a full picture of what Airbnb has to offer.
Why Do Guests Like Airbnb? Hotels are everywhere in the world, and at every price point, from budget motels to extravagant luxury dwellings. So why was Airbnb able to come in and disrupt the hotel market so profoundly? First, although it does seem as though everywhere you look, there is a hotel, due to zoning regulation, hotels are usually clustered around certain areas of a city. San Francisco, the home of Airbnb, is a perfect example of this: while most hotels are clustered in the urban downtown, also known as the financial district, only a few small boutique hotels are positioned in other charming, dynamic neighborhoods, like the Mission District. Because anyone can turn a property into an Airbnb (except in the cases of local regulations, as will be discussed), a guest who wants a true neighborhood experience, will be more likely to get it through Airbnb. Then, beyond the city experience, Airbnb is also amazing for making more areas of the world accessible rural areas. There are Airbnb treehouses in forests and Airbnb school busses where people sleep in farms in a converted vehicle.
This could be for touristic reasons, such as wanting to more “authentically” experience a place. Or it could be for very practical reasons: Airbnb guests are often in town for non-leisure activities. Many come to visit their families but do not want to impose by staying in their house. Others come for job interviews or hospital procedures. For these people, the wide range of choices in terms of location becomes a serious selling point: rather than stay in the designated hotel district; they have better chances of booking a property in easy travel distance from their child’s home, their interview location or their doctor’s office.
Another major reason why people love Airbnb beyond the great choice of locations is the fact that the individual, private nature of the technology means that it becomes possible to build actual relationships, either with other guests staying at the same property or with the hosts. Sometimes this could be just a brief interaction during check-in, where the host gives the guest some exciting, exclusive tips about what to do in the area. Other times, the guest-host relationship can be more elaborate, including sharing meals or the host serving as a tour guide for the guest. This, of course, all depends on the interests and availability of each guest and host and is something that hosts can make clear upfront in their listing (i.e., whether they are available to spend time with guests and, if so, how much). However, regardless, it is one of the features that makes Airbnb unique and offers a commodity that quite simply could not happen in a large corporate hotel.