Airbnb is the largest vacation rental marketplace in the world. The website connects those who want to rent out their home for short-term stays with people who want to rent out their property for short-term vacations.
If you have an additional room in your house that you aren’t using, consider renting it out to vacationers for short-term stays in return for some extra cash.
Summary
| Company | Airbnb |
| Year of Establishment | 2008 |
| Best Features | Best place to find a place to stay |
| Initial Charges | Zero |
| Rating | A |
| Subscription Charges | N/A |
| Website | Click Here |
What is Airbnb?
Airbnb is one of the world’s leading vacation rental markets, connecting homeowners with visitors looking for lodging in their trip region.
The network currently includes over 81,000 cities in 191 countries around the world.
While the term Airbnb is an abbreviation for ‘Air Bed and Breakfast,’ you as a guest are not compelled to provide breakfast to your guests.
However, it may be really appreciated if you do so, or you can charge your guests an additional cost for breakfast.
The Airbnb platform operates on a basic premise: the firm wants to make sharing easy for both homeowners and visitors.
That’s why they provide an easy-to-use platform with a lot of built-in features that are convenient for both parties.
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Why Should you Choose Airbnb?
There are many reasons to choose Airbnb, the prices, experiences, and much other stuff that the locals can offer to you with their own houses.
Local Experience
When you rent an Airbnb rental, you may be able to stay in a local area, gain insider knowledge about your destination, view your location through the eyes of a local, and get a peek at how people live.
It’s Cheap
Airbnb rentals are not just suitable for luxury and business tourists, but also for those on a tight budget.
All you have to do is use Airbnb’s price range filter to rent a room, couch, tent area, or complete apartment on even a backpacker’s budget.
Airbnb Is On Your Side
It’s fair that some individuals might be hesitant to rent an Airbnb from someone they don’t know.
However, Airbnb’s wonderful features do an excellent job of reducing safety worries and risks.
Pros and Cons of Airbnb
Pros
- Website and mobile app are user-friendly and simple to use.
- There is a low booking cost of 3% on each booking, and there are no listing or monthly maintenance fees.
- 30+ million users in the United States alone Helpful customer service
Cons
- After each customer departs, you must clean your premises.
- Some visitors may cause issues.
- Your earnings may vary according to seasonal demand.
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Key Features of Airbnb
Built-in Calendar & Messenger
A built-in calendar makes it simple to organize your bookings. When a guest hires your room, the dates you’ve chosen in your calendar become unavailable to other passengers.
This avoids the possibility of double booking. You may also use this tool to keep track of your calendar and check your availability.
Airbnb requires you to maintain all communication with your guests on their platform in order to protect your privacy or assist you in resolving concerns with visitors.
This need, however, changes when the guest books your room. You are then free to communicate outside of the Airbnb messaging.
Host Guarantee
Accidents occur. If visitors damage your property or belongings during their stay and refuse to reimburse you, the Airbnb host guarantee may cover you for up to $1,000,000 USD in property damage.
Just make sure you report the incident to Airbnb customer service and include any relevant information regarding the damage. Also, make sure to photograph or videotape the damage.
Cancelation Policy
If you cancel a booked reservation, you will be charged a fee, which will be deducted from your first payout following the cancellation.
The penalty amount is determined by how long after the reservation and how close to check-in you canceled the booking.
Plans And Pricing of Airbnb
Listing your property on Airbnb is free, and there are no monthly fees. But, when your house is booked through the Airbnb site, you will be charged a 3% service fee.
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How to start with Airbnb
Starting with Airbnb is easy and does not take much effort either if you are renting your place or want to rent a place for yourself for your vacation.
For homeowners
- The first step is, of course, to register an account. You will be asked to enter basic information about yourself, such as your name, email address, and phone number.
- After you’ve created your Airbnb account, you’ll be prompted to create your first listing. You will be asked to supply every detail about your property at this stage.
- Once you’ve filled out all of the details about your property and generated your listing, it’s time to press the Publish button.
For travellers
- Just like if you are a homeowner, you have to create your account and provide the basic information about yourself.
- After creating your account, browse through the apartments/houses in the area you want to rent for and when you find the right one for yourself, start the process of booking it.
- Choose the date and how many people will stay there and contact the owner.
- If the owner accepts it, you will be booked and pay the fee upfront.
Alternatives of Airbnb
Booking
Booking.com is a popular vacation rental marketplace for many people looking for a place to stay during their travels.
The main distinction between Booking.com and Airbnb is that Booking.com focuses on hotel rooms, whereas Airbnb focuses on apartments and houses.
VRBO
VRBO, which focuses on holiday house rentals, is an excellent alternative to Airbnb.
However, unlike Airbnb, VRBO focuses on family stays and only accepts full residences, not shared spaces.
Homestay
Homestay operates in a somewhat different manner than Airbnb.
Guests who book stays on Homestay are accommodated with a host family, which means you are hosting travelers in your home, where you reside.
Customer Service Airbnb
Airbnb offers a variety of ways to reach out to their customer service to solve your problem immediately.
You can either send them an e-mail, call them or chat with a live agent on their website.
- You can reach them via e-mail at [email protected]
- Or call their toll-free number at (415) 800-5959.
Customer Reviews Airbnb
Airbnb is an internationally known company and there are millions of reviews on the internet and it is impossible to read through all of them but when we compare several customer reviews to each other, the majority of reviews are positive and not bad.
Cancellation Of Airbnb
If you want to know how much your refund will be, simply cancel your reservation and the Airbnb system will provide you with a complete breakdown.
If you cancel after check-in, you may receive a partial refund depending on the length of your stay, when you cancel, and the cancellation policy that applies to your reservation.
Conclusion
Because of the popularity of the network and sharing economies, Airbnb has flourished and grown as an online marketplace.
Since its inception in 2008, the internet business has expanded to over 160,000,000 visitors from 191 countries.
This success can be attributed to a combination of the network and the sharing economy.
As the company’s network expands and people have more need to rent out personal rooms for cash, the company’s earnings will rise over time.
Airbnb has been able to break down previously existing barriers by providing a platform for people to join together for mutual gain by sharing their extra rooms, houses, and apartments.
FAQ
Can I get a full refund of my booking if I want to cancel before my check-in?
Getting a full refund varies on the host, apartments, and the cancellation policy that you are entitled to with your booking.
If the apartment I got is not similar to the pictures, what should I do?
Contact Airbnb and let them know about this issue, they will find a way to help you.
Amit is a young entrepreneur who specializes in background checks. After completing his high school certification, Amit spent half a decade trying different background check services. He has worked for several background screening firms and gained valuable industry experience.
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