Wish you could be an Airbnb host but don't have a place to rent out? Be a co-host — here's how the side hustle works. - Business Insider
Summary
This Business Insider article discusses co-hosting, a side hustle for those interested in Airbnb but without a property. It explains how co-hosting works, likely covering responsibilities like guest communication, cleaning coordination, and listing management. The article aims to help individuals understand the co-hosting model and its potential as an income stream.
Key Insights
- •Co-hosting involves managing an Airbnb listing on behalf of the owner, handling tasks like guest communication, cleaning coordination, and listing optimization.
Action Items
- ✓Consider co-hosting if you are interested in the STR market but don't own a property. Research local market rates for co-hosts and understand the responsibilities involved.Effort: lowImpact: medium
Tools & Resources
- →Airbnb: The article likely references Airbnb, as co-hosting is facilitated through the platform.(airbnb.com)
More from Getting Started
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The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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