My life as an Airbnb Host What I've learned from hosting and how I make money using Airbnb

ArchiveFebruary 2015

What will Airbnb charge me as a host?

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Airbnb takes a commission for every booking your listing has. However how much of a cut depends slightly. What fee do Airbnb hosts Pay? Airbnb says it takes 3% of the hosting fee plus VAT (in the UK 20%) so If you charge £100 per night then the hosting fee will be £3.30. See here for more details on Airbnb help section. note – Airbnb will round up it’s figures so if your hosting fee is £6.60 this will be rounded up to £7. Airbnb guest fees The guest also pays a fee of 0-20% of the total price called the guest service fee. Which listing pay 0% and which pay 20% you ask? I am not...

How to get started as an Airbnb host

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So you want to be an Airbnb host and your looking forward to making some money. Well here is what you should do. 1. Register an account with Airbnb. Register here. 2. Add a new listing under your profile. Write a detailed description of your room/whole place. Try and describe factually and keep in mind what a traveller will be most interested in. 3. Your going to need to upload pictures for your room. Get the Airbnb professional photographer to take some pictures of your listing. This costs money but the pictures should look excellent and more importantly the pictures will be officially...

Your first Airbnb listing

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New listings get a boost in rankings so you may find that you a few enquires on the first day or two. After that enquires might drop off suddenly and then you will need to work on your ranking. How many of my guests are first time Airbnb users? Airbnb is still relatively new to most people in the UK and Europe despite being very popular in the USA and some other places for a few years. Consequently many of your customers will be using Airbnb for the first time and will not have any reviews from previous hosts (I estimate that about 50% of my guests are Airbnb virgins). So you get an enquiry...

How do I price my Airbnb listing?

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What price you should charge depends on your market but there may be other factors to consider what price you are going to charge. Other factors might be: The cost to clean the room and sheets Your free time taken up to meet the guests, check them out etc. The rent you could have received from a local long term renter Your location could determine the type of guest you will get no matter what service you provide My listing is in Newham, East London; a reasonably central suburb it is none the less the wrong side of London if you are a tourist (my main market). I could try and aim more towards...

My life as an Airbnb Host What I've learned from hosting and how I make money using Airbnb

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