Download or read book The AirBnb Boom written by Baxter Simon and published by . This book was released on 2019-12-12 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to Make Six Figures on Airbnb : A Scaling Strategy for Consistent Success Did you know that Airbnb hosts make nearly three times more money than other participants in the sharing economy? A typical host earns an average of $924 per month (in comparison to Lyft drivers who earn an average of $377 and Etsy creators who make $151 per month). 15% of hosts make more than $1,500 per month. So, what makes these people different from everybody else? Reaching the superhost status provides amazing and consistent opportunities. Here's a quick overview of what it means to reach that status: 78% of Airbnb hosts don't qualify for that status Superhosts benefit from an 81% higher occupancy rate than regular hosts Superhosts earn 60% more revenue per available day There's already an elite, small group of superhosts earning at least $100,000 per year As you can see, reaching the status is important to turn Airbnb hosting into an actual business. To fulfill the program requirements, however, you will have to meet the Airbnb rigorous quality standards. Accomplishing the task requires strategic planning, consistency, turning your property into the little haven travelers want to experience and fine-tuning your communication skills. If you're tired of the 9 to 5 routine, you've probably explored Airbnb hosting alongside other opportunities to earn a living and quit the daily hustle. To be successful, however, you need the right property at the right location. You need to understand the upfront costs, the market dynamics, the competition and the specifics of the personalized service that your clients would want to receive. That's a lot to take in, isn't it? Luckily, a reliable, step-by-step source of information does exist. It will give you the A to Z of building an Airbnb business from scratch to start earning a six-figure income. In "Airbnb Boom," you'll discover: The history of Airbnb and the perks of using this business model as your entry into the sharing economy The unique action plan all successful Airbnb hosts share Strategies for getting your property ready to appeal to the target market (and also - how to recognize that market!) What it takes to make your listing pop and stand out from all other competing entries The secrets of maintaining stellar customer ranking on Airbnb Pricing strategies to make your property popular and boost occupancy The best plan for becoming a superhost and keeping that status The automation of Airbnb hosting (so that you can dedicate your time to making money in another way or simply being with your family) The next step - scaling up through the addition of more properties to your portfolio ... and much more! Airbnb gives you the roadmap and the tools to get started, stand strong on your feet and even grow in the future. Today, Airbnb offers services in 81,000 cities across the 191 countries and the number of listings has exceeded six million! If tourists and business travelers come to your place, starting an Airbnb hosting business is a viable option for sustainable income generation. So, can you make good money on Airbnb? Absolutely! You simply have to put the work in. If you manage to differentiate yourself from the competition through a tailored service and excellent communication, sky is the limit. Scroll up and click the "Add to Cart" button to start your journey towards six-figure Airbnb income today.