While holidaymakers and tourists are taking in the sights of London, more people than ever are willing to open their doors and welcome guests into their homes through home sharing portal, Airbnb.
Airbnb allows people to list their entire home, spare room or extra space to guests with minimal fuss.
Explore more about the Sharebox host assist program.
Right now, there are over 64,000 listings in London alone. This massive number shows that the hosting trend really has caught on with Londoners and is here to stay.
One obvious reason is that it’s a relatively simple way to earn extra cash. And it’s not just pocket money either. From July 2016 to July 2017, the annual earnings of a typical host using Airbnb was around £3,000.
Hosts are then free to spend the money on anything they like. From holidays to home improvements or even their daily flat white coffee, the extra income comes in handy. Some put the extra cash towards bills and other less exciting, but equally important expenses.
Maximise their space
A lot of hosts sign up to Airbnb because they want to make use of unused spaces or rooms in their home. It might be because their children have left home or they finally got rid of all the unwanted junk in their spare room. If a room’s just sitting there, why not make the most it?
Charge what they think it’s worth
When hosts sign up to Airbnb, the site provides them with access to resources on how to price competitively and helps them decide what their space is worth. Ultimately the host decides the listed cost of staying in their home that works for them.
Plus, hosts can set special pricing that fits with demand. For example, they can set higher rates on weekends or holidays, lower prices during slow periods or even discounts for longer stays.
It’s easy to use
Signing up to the site is super easy. Hosts can sign up for free, create their listing, upload pictures of their home and the space they want to rent out, choose their price and available dates and off they go.
Feel free to run your key sharing with a nearby Sharebox, learn how it works.
Once set up, hosts can keep on top of their booking requests, view guest profiles and reviews from previous stays online or via the Airbnb app. This makes it easy for busy hosts to respond to questions or booking requests on the go.
Hosting on Airbnb is pretty flexible when it comes to what type of listing you are offering. There are some basics which need to be provided, like clean bedding, towels, soap and toilet paper, but the actual space being rented out is pretty open. You can rent an entire home, a private room or a shared room.
Also, hosts can pick and choose when they want to host. They can set their calendar to accept booking requests for specific days or weekends, recurring days of the month or even leave a whole year open and plan their holidays around the bookings they get. It’s up to them.
Hosts keep control
Hosts using Airbnb can pick who they want to stay in their home. When a guest requests a booking, the hosts can view the guest’s profile and read reviews about them from other hosts. They can then decide whether they want to host them.
Hosts can also add house rules to their listings. Some hosts allow guests to rent a room and let them use the communal areas like the living room or the kitchen. Others make it clear that the rental is only the bedroom. Hosts can be as restrictive or as open as they like – they just need to be clear in the listing.
Meet new people
Hosts don’t always have to spend time with their guests, but they can if they want to. Many hosts look forward to meeting people from around the world and sharing stories from their culture and travels.
They enjoy it
Hosts often find that they like the experience so much that it actually becomes more than simply extra income. Many hosts start to enjoy setting up a temporary home for guests and take huge pride in offering a great service. Those who offer up tips for what to do and where to go also enjoy becoming local experts for their city too.