The Host Side of Things: How Airbnb Works for Hosts
Airbnb is a type of online marketplace that connects hosts and guests. Hosts are people who rent out their homes or spaces to guests, who are usually travelers who are looking for somewhere to stay.
While Airbnbs often offer stays similar to hotels, they are often cheaper and smaller. This is because hosts rent out their own personal properties. While it may be a house, sometimes it could also be an apartment or condominium rented out by the hosts.
How Do Hosts Make Money?
Hosts will make money from the rental fees that they charge their guests. The rental fee will solely depend on the decision of the host based on the value of their home. It is also important for hosts to note that their rental fee usually includes the use of utilities and amenities for the time period in which their guests will be staying on their property.