EP142: This Week in the World of Airbnb
Summary
This Get Paid For Your Pad episode discusses the rise of instant booking on Airbnb and what it means for hosts, including the impact on cancellation policies. It also covers insurance considerations and the potential for the short-term rental market to grow, suggesting hosts stay informed about platform changes and insurance needs.
Key Insights
- •Airbnb instant booking availability has grown from 460,000 in the first quarter of 2016 to nearly 1M today.
Action Items
- ✓Consider different insurance policies, including those that cover liability and contents/damages, especially if you use platforms other than Airbnb.Effort: mediumImpact: medium
Tools & Resources
- →Get Paid For Your Pad Episode 142: Listen to the episode for home-sharing trade shows and conferences.
Watch Out For
- ⚠Hosts who use Instant Book may cancel penalty-free three times.
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