What Is Airbnb and How Does It Work?

whats-airbnb

If you’re an avid traveler and you haven’t heard of Airbnb
before, you’re missing out on one of the best travel
accommodation sites out there. Airbnb can be a great financial
benefit, whether you’re saving money on your next trip or earning
some with your own property!

Let’s take a look at how Airbnb works and how you can save (or
make) money with it.

What Is Airbnb?

Airbnb aims to match two kinds of people together; those who
have empty beds or houses that aren’t being used, and those who
need a place to stay while on holiday.

Airbnb isn’t really designed for people who want a bed for a
night—while it can accommodate those kinds of people, you may
find a hotel will suit you better. What Airbnb does offer, however,
is a place to stay if you’re looking to stay for several days or
weeks in a row.

At the same time, if you have some extra space in your home (or
even an entire home) that you’re not using right now, you can
loan it out to people who need somewhere to stay for a few
nights.

That’s not to say Airbnb is the only website that offers this
service. We’ve covered plenty more websites on our guide to

high-quality alternatives to Airbnb.

What Is Airbnb Plus?

Airbnb Plus is the luxury option for travelers. Homeowners with
a very high reputation on Airbnb can apply to have their residence
marked as an Airbnb Plus. This is an extra level of authenticity
that lets travelers know that these accommodations are of a very
high standard.

How Airbnb Can Be Better Than a Hotel

While Airbnbs are not always better than hotels, there are
practical reasons why you’d want to use one over the other.

For starters, Airbnb allows you to personalize your location.
Why stay at a soulless hotel when you can rent a home at your
destination? By living like the locals do, you can experience how
it feels to live in the country.

It also means you can explore the local shops and food stores
while you’re on your trip. Why settle for a hotel breakfast when
you can hit up the local cafe for an authentic start to the day?
Being in an Airbnb gives you plenty of opportunities to mingle more
with the local scene.

Airbnb also has a larger selection on offer. Not all of them
will be strictly cheaper than a hotel, but with the variety of
places to stay, you’re more likely to find a home that suits your
budget level compared to a hotel. This makes it the perfect choice
for someone who wants to save some extra cash for spending on the
local shops!

We’ve compared Airbnb to several other homestay services in
the past, including hotels. If you want to know more, try our guide
to Airbnb
versus the most popular options out there
.

Can You Make Money With Airbnb?

For property owners, Airbnb can be a great way to rent out
unused space temporarily. If you have a vacant property, a holiday
home, or just a spare bedroom, you can talk to travelers and do
short-term rentals to accommodate them during their trip.

The best part is, you get to set the price for your lodgings per
night. This means you can set a price that you deem fair for your
accommodation, and be matched with people who want to pay you that
much to stay at your residence.

If you want to make money hiring out cars and boats instead, you
may be out of luck with Airbnb. Thankfully, there are Airbnb
clones that list cars, boats, and even office space
too.

The Problem With Airbnb’s Legality

There are some cities and countries cracking down on Airbnb
usage. This is because the service Airbnb provides is technically
short-term renting, and with it comes its own web of legal
issues.

As such, it’s worth double-checking if the destination
you’re going to is okay with Airbnb before renting. Some
unfortunate homeowners have met legal trouble after they
unknowingly let out their properties without realizing it’s
illegal in their city to do so.

How to Book a Place With Airbnb

Getting a place is very easy. Simply head over to the main site
at airbnb.com, then enter the
location, date of stay, and amount of people on the trip. Airbnb
will then show you a list of every residence that’s available for
that time.

When you find a place you like, click on it to see more details.
Here, you can see all the charges that come with the residence, the
amenities that come with it, and reviews of previous tenants. You
can use all this information to gauge whether the residence is
right for you or not.

Once you’ve found a place, you can get in contact with the
owner. You can then arrange the details of booking the place to
stay on your arrival.

How to Host Your Place on Airbnb

Listing a place is a little more complex than booking one, but
it isn’t too tricky. When you’re on the main site, click the
Host a home text at the top right. Then, log into
the site to begin the listing process.

The site will ask you questions about the property, so it’s a
good idea to prepare the details beforehand. It will ask you what
the property type is (house, flat, etc), the address, the number of
bedrooms and bathrooms in it, if it’s a dedicated guest house or
if you own belongings there, and other details. You should also get
photos ready so that your potential guests know what the location
looks like.

You can set your schedule. This allows you to dictate when
people are allowed in your residence. For example, if you only want
to let it on weekdays, or you have family using the residence for a
specific week, you can forgo it on the calendar. That way, if
people look for properties for a period that crosses over your
forbidden dates, your property won’t appear in their search.

Is Airbnb Safe?

This is the big question for first time renters and travelers.
Airbnb is an aggregator, so experiences around the world vary. But
in general, Airbnb comes with several benefits.

Airbnb Safety for Renters

Before you rent a home on Airbnb, you should ask yourself one
question; are you totally fine with living in a strangers house for
a few days? If the answer is no, or you feel unsure, Airbnb is not
for you!

Airbnb is a great way to pair up travelers with strangers who
have places to stay, but that’s just who they are; strangers. You
may find you’re staying in a spare room owned by someone you
don’t trust.

When you feel like that, getting a place in a hotel can be
safer. You have doors which you can lock yourself and you’re not
obligated to meet anyone past the receptionist.

Even if you rent a house where the owner is out (such as an
out-of-season holiday home), the house itself may not abide by
safety regulations. Problems such as mold and mildew could be
lurking without your knowledge.

Airbnb Safety for Homeowners

At the same time, Airbnb isn’t perfectly safe for homeowners
either. It takes one bad egg to enter your home and cause serious
property damage. Though, Airbnb does provide Host
Protection Insurance
against unexpected damages.

But it’s a good idea to not let out any home you can’t
really afford to maintain. While Airbnb can be a great income
maker, your property can also drain your finances as you keep the
place running.

From accidental breakages to deliberate theft, there’s a lot
that can happen while someone is staying in your property. It’s
up to you to decide how often you’ll let guests stay and for how
long.

Get Smart With Your Travel Plans

If you want a more personal and cheaper residence to stay at
while you travel, Airbnb is a good choice. Of course, it’s not
perfect, so be sure to exercise your own diligence when using the
service!

For any kind of trip, it’s always better to
plan before you travel
with all the tools available on the
web.

Read the full article: What Is Airbnb and
How Does It Work?

Source: FS – All Tech News 2
What Is Airbnb and How Does It Work?