Updated about 7 years ago on . Most recent reply
Is AIRBNB a good idea?
Hello BP community.
AirBnB has been around for almost ten years now. I was wondering if anyone has had much success with them now in 2019.
Most Popular Reply
AirBnB is a great platform and continues to deliver great results for many hosts. The bigger question (in my opinion) should be is AirBnB right for you? Not just you specifically, but anyone who is thinking of entering the short-term rental biz.
A few questions to ponder: Is your property in an area that attracts travelers, is there a demand? What is the regulatory environment where your property is located - is it legal? Do you have a heart for hospitality? Do you have the time and energy to do it? Running a short-term rental biz, even if one property, is very hands-on.
I think it's a good idea for hosts to look beyond a single listing platform. AirBnB can work, but VRBO, TripAdvisor, Booking.com - they all deliver results as well. Better to not put all your eggs in one basket.
So yes, AirBnB and all the other listing platforms are very relevant in 2019 - they can and do deliver amazing results. It's all up to the individual host to figure out how to use the platforms as tools to accomplish their goals.