Airbnb is a booking app which can assist you with scheduling your holidays better and offers surely better accommodation alternatives than hotels. In addition, if you have additional space in your home and you want to offer it for tourists, Airbnb can be your one-step way out. Airbnb came up in the year 2012 and became popular in 2016.
By the aid of technology, Airbnb built an remarkably user-friendly app that increases the ease of doing dealings. It even took the pain out of searching and booking accommodations.
KEY TAKEAWAYS
Many travelers can book an Airbnb for less than a hotel room's price. The traveler's main risk is that the property may not be up to their listing. The main risk for hosts is that their properties could be seriously damaged by visitors.
The Advantages of Airbnb
Airbnb hosts list many different types of properties on the Airbnb website — single rooms, a suite of rooms, apartments, moored yachts, houseboats, whole houses, even a castle.
Free Listings
To list their properties, hosts don't have to pay. Listings may include written details, captioned photos, and a user profile where potential guests can learn a little about the hosts.
Hosts Can Set Their Own Price
Decide how much to pay per day, week or month is up to each host.
Customizable Searches
Guests can search the Airbnb database not only by date and location, but also by price, property type, amenities, and the host's language. They can also add keywords to further narrow their search (such as "close to the Louvre").
Additional Services
Airbnb has increased its services in recent years to include restaurants and experiences. In addition to a list of available hotels for the dates they plan to travel, a list of activities, such as classes and sightseeing, provided by local Airbnb hosts will be available to people searching by venue. Airbnb hosts ratings also include restaurant lists.
Guest and hosts defense
Airbnb retains the fee of the guest for 24 hours after check-in before transferring the funds to the host as a security for guests. For guests, in the rare event of guest injury in qualifying countries, Airbnb's Host Guarantee policy "provides protection to up to $1,000 in damages to protected property."
Potential Damage
Probably the greatest threat to hosts is that they will harm their property. While most stays go without incident, there are reports that hundreds of party-goers were trashing whole houses when the Airbnb owners thought they were renting to a peaceful community. The Host Guarantee policy of Airbnb, mentioned above, offers some coverage, but it may not cover everything like money, rare artwork, jewelry, and pets. There may also be significant difficulty for hosts whose homes were damaged.
Added Fees
Airbnb imposes a number of additional charges (as do hotels and other providers of accommodation, of course). In addition to the booking fee, visitors charge a guest service fee of 0 percent to 20 percent to cover customer support and other services provided by Airbnb. Prices are shown in the currency selected by the user, provided it is supported by Airbnb. Banks or issuers of credit cards can, where appropriate, add fees.
And while listings are free, Airbnb pays for each reservation host a service fee of at least 3 percent to cover the transaction processing price.
important
Check the comments from other guests staying at the Airbnb property to ensure that the listing is correct.
