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The Wall Street Publication > Blog > Lifestyle > Airbnb unveils new co-host community to spice up variety of listings on platform
Lifestyle

Airbnb unveils new co-host community to spice up variety of listings on platform

Editorial Board Published October 16, 2024
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Airbnb unveils new co-host community to spice up variety of listings on platform
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Airbnb co-founder and CEO Brian Chesky discusses the corporate’s free short-term housing supplied to hurricane Helene and Milton survivors on ‘The Claman Countdown.’

Airbnb is providing householders the chance to rent a co-host to assist handle their property, a part of a strategic transfer to extend the variety of listings on the platform.

On Wednesday, amongst its slate of 75 platform updates, the corporate launched a co-host community in its app for the primary time.

The characteristic is a part of the corporate’s ongoing efforts to bridge the hole between the variety of accessible hosts and the excessive quantity of tourists on its platform. By enabling co-hosting, it goals to broaden its community by interesting to those that have the house they’ll listing, however should not have sufficient time to host.

Globally, greater than 2 billion customers e-book on the Airbnb platform, which at present has 5 million hosts. Nonetheless, its co-founder and Chief Technique Officer Nathan Blecharczyk informed FOX Enterprise that the corporate believes “there are a lot more people who have vacant space” who would have an interest. 

KEVIN HART, FERRARI, OTHERS ENLISTED BY AIRBNB IN MARKETING TACTIC TO BOOST DEMAND

Airbnb unveils new co-host community to spice up variety of listings on platform

Airbnb launches a co-host community for the primary time. (Airbnb)

“There’s a lot of intimidation just about getting started frankly, because it requires a great deal of trust, first of all, to have a stranger in your home. You want to feel confident that you are setting it up right to avoid any issues. I mean, issues are extremely rare, but people always wonder ‘what if’,” Blecharczyk mentioned. “It’s much more reassuring to have a friend who’s very experienced talk you through this and even lend a hand. That could be just photographing your place. It could be giving you tips on how to secure your stuff.” 

Nonetheless, Airbnb additionally believes the community will help present hosts in rising their internet hosting capability. After conducting a latest survey, 40% of present hosts mentioned they might host extra if that they had assist. 

The co-hosting community at present has greater than 10,000 co-hosts to select from, 73% of that are deemed “Superhosts,” and 84% handle a “Guest Favorite,” that are a few of the highest-quality properties on Airbnb.

BIRDDOG PARTNERS WITH FIELD & STREAM AS ‘AIRBNB FOR HUNTING’ MAKES OUTDOOR EXCURSIONS MORE ACCESSIBLE

“They have gotten really positive feedback in the past with other properties, and now they have the bandwidth to help,” Blecharczyk mentioned. 

The way it works 

Airbnb’s customized rating algorithm will advocate an inventory of co-hosts primarily based on elements together with your location, internet hosting expertise and sort of dwelling. Customers will be capable to see their profile and critiques earlier than connecting with them within the app. 

Co-hosts may be employed for short-term help like photographing a house or answering questions, however they may be extra concerned, resembling being the first level of contact going ahead with all of the company, in line with Blecharczyk. 

Every little thing is facilitated via the app, so customers can message their co-host instantly, give them entry to their calendar and share payouts. The co-host supplies their fee upfront, so there is no such thing as a negotiation, both.

Ticker Safety Final Change Change % ABNB AIRBNB INC. 135.15 +1.88
+1.41%

GET FOX BUSINESS ON THE GO BY CLICKING HERE

As a part of its winter launch, the corporate added options that make establishing simpler. As an illustration, hosts can view recommended costs primarily based on related listings of their space, and select to use the tricks to their itemizing.

They’ll additionally create customized reviews to view their earnings, filter earnings by kind and simply see when funds are on the best way, in addition to use customizable templates for issues resembling shortly sending welcome messages or instructions.

TAGGED:AirbnbBoostCoHostlistingsNetworknumberPlatformUnveils
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