Airbnb rolls out a host of new perks for hosts • ZebethMedia

Airbnb has more than 4 million hosts managing accommodation and experiences on its platform. Now, as it looks to drive more bookings, it’s on the hunt for more. After introducing a major redesign for customers earlier this year, Airbnb is now turning its attention to improving the experience for new and existing hosts. Today, it’s launching new onboarding, payments features, and improved insurance tools.
Alongside that, across North America it’s also rolling out its previously-announced anti-party tech to prevent disruptive bookings.
Airbnb’s moves come on the heels of it posting growth last quarter, but it’s doing so amid a lot of challenging headwinds for travel overall.
The world has moved from weathering a pandemic to weathering an economic crunch, and Airbnb has been operating between that rock and hard place. Back in 2020, it was one of the first big tech companies to cut employees as it figured out out how to operate its travel-dependent business during mass travel shutdowns and shelter-in-place orders. Now, it has to think of ways to make its tools and services relevant to a market that may not want to spend money on moving around for other reasons: to be more budget conscious.
With hosts and hosting, Airbnb is translating that into a pitch for making more money.
“Today, just like during the Great Recession in 2008, people are especially interested in earning extra income through hosting,” CEO and co-founder Brian Chesky told us in an interview. “That’s why we’re introducing an easy way for millions of people to Airbnb their homes.” (If this sounds familiar, it’s almost identical to his canned statement in his last earnings call… but we’re pretty sure we spoke to a real Brian Chesky.)
But it’s not a perfect science: last quarter the company said Nights and Experiences booked were up 25%, with gross bookings value up 31%. But existing hosts have complained about drops in bookings per host, in part because of the rise in the number of hosts and in part because of the economic situation around the world.
Overall, Airbnb’s aim appears to be: make hay while the sun shines. That is, add hosts now while people are keen to try to make extra income, so that the platform overall doesn’t find itself short on properties in future, or facing supply constrain, as it’s often described.

“One of the things I don’t want to do is get to a supply-constrained era,” he said. “We’re predicting a lot of demand. We’re trying to get ahead of that.”

However, he dodged the question of what that spells for Airbnb itself, specifically whether it will lay off or indeed hire more people amid the current wave of job cuts, which has seen hundreds of thousands of tech workers made redundant across Airbnb’s peers.
“We have 6,000 employees and we did $3.3 billion for free cash flow,” he said. “In the last 12 months, we have generated nearly around half a million dollars in free cash flow per employee. And we’re generating more than a million dollars in revenue per employee. So we’re really lean.”
More on the new features below:
Hosting the hosts
Airbnb launched a new workflow to easily onboard new hosts last year. Now it’s adding a new feature to Airbnb Setup, which pairs new users with Superhosts to guide them through the setup and hosting process. Airbnb said that 1,500 Superhosts — those who have had at least 10 bookings or 100 nights of booking, with a rating of 4.8 or more — have signed up so far to be “Ambassadors”. For context, Airbnb has 980,000 active Superhosts today; it will be interesting to see how many of them sign up.
New hosts setting up a profile can contact specialized support via email, messages or video/audio chat — or now match with a nearby Superhost who has a similar type of property. Superhosts can be given access to listings to help tweak them directly.
Superhosts, it should be noted, aren’t helping out of the kindness of their hearts; they can expect a little income bump from doing so, between $50 and $150 per host after the new host’s first guest checks out.
Image Credits: Airbnb
Host protection
One of the gating factors for attracting hosts and hosting activity to Airbnb has the issue of protections, both in terms of who books and what happens if things go wrong. The first of these is getting a tweak, where new listing managers can now restrict initial availability only to experienced guests (someone with at least three bookings and no strikes against them), rather than vet after bookings are made.
Alongside this, Airbnb is increasing the limit of AirCover — its damage protection program for hosts introduced last year — from $1 million to $3 million. The new protection will also cover damages to auto & boat, pets, and arts & valuables like fine art, paintings, jeweler, and collectibles at an appraised value.

Payments
In addition to more features to help and protect hosts, Airbnb is also sharpening its focus on hosts’ bottom line: that is, how they are paid.
It’s introducting a new feature called Fast Pay in the U.S. — developed by Airbnb itself — to pay out funds less than 30 minutes to hosts who have registered a Visa or Mastercard payout method. The company charges a 1.5% fee with a cap of $15 at launch.
This method is much faster than other payout systems like bank accounts or PayPal, which can take from one to seven business days — and it seems to be an iteration on a test from years ago to pay select hosts half the money three days after guests had booked their property.
Airbnb already has in-built solutions to handle multiple currencies and payment methods, but Chesky said Airbnb wants to do more with payments.
“We are not a payments company but we handle nearly $400 billion through our platform in 220 countries and 60 currencies. We hold billions of dollars of custodial cash at any point in time,” he said. “We also have money transmitter licenses in every state in the U.S.. Payments are one of the most underrated core competencies at Airbnb and I think we can do a lot more with it.” He added that direct transfers to accounts, bypassing cards and thus card fees, could be one area to explore.
The company is also thinking about better payment solutions in countries like India and Brazil, as well as other countries where it is harder to get money in or out. When we asked about whether this could mean a future wallet, Chesky said it was “something absolutely we are looking at.”

             Disclaimer: Any Product You Buy Here, Amazon Pays me A Commission With No Additional Fee.

 

This is a must Have Software For Your Home & Business. This software will help your business and make your job Stress Free.

Business and Office Management  Category.

(Old Version) H&R Block Tax Software Deluxe + State 2023 with Refund Bonus Offer (Amazon Exclusive) (PC/MAC Download)

(4264)

20% Off $49.99 $39.97 (as of November 21, 2024 06:11 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

Choose to put your refund on an Amazon gift card and you can get a 2% bonus. One state program download included. State e-file sold separately. Reporting assistance on income from investments, stock options, home sales, and retirement Guidance on max... read more

Acrobat Pro | 1-Month Subscription | PDF Software |Convert, Edit, E-Sign, Protect |Activation Required [PC/Mac Online Code]

(1444)

$29.99 (as of November 21, 2024 06:33 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

Create and edit PDFs. Collaborate with ease. E-sign documents and collect signatures. Get everything done in one app, wherever you go. Edit text and images without jumping to another app. E-sign documents or request e-signatures on any device. Recipi... read more

Adobe Photoshop Elements 2025 & Premiere Elements 2025 Student & Teacher Edition | PC/Mac Code | Box with Download Code | Photo & Video Editing | 3-year term license | Activation Required

(17)

$79.99 (as of November 21, 2024 05:39 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

Remove photo objects with AI power. Create and control photo depth with AI. Change the color of any object in your photo. Seamlessly combine multiple pics. Create dynamic video titles with text styling controls. Access free Adobe Stock video title te... read more

Adobe Photoshop Elements 2025 | Photo Editing | 3-Year Term License | PC/MAC | Box with Download Code | Activation Required

(17)

$99.99 (as of November 21, 2024 05:37 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

Remove objects with AI power. Create and control depth with AI. Change the color of any object. Seamlessly combine multiple pictures. Create with modern textures and graphics. Be creative with the web and mobile beta apps. Get a 3-year term license f... read more

AVG Ultimate 2024 | Antivirus+Cleaner+VPN | 5 Devices, 2 Years [PC/Mac/Mobile Download]

(1124)

14% Off $34.99 $29.99 (as of November 21, 2024 06:11 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

AVG ULTIMATE: Your all-in-one antivirus, VPN, and tuneup combo. OUR BEST SECURITY: Enjoy our advanced, real-time security for your computers, tablets, and phones. OUR BEST PRIVACY: Secure your privacy with powerful encryption so no one can see what y... read more

Bitdefender Total Security - 5 Devices | 1 year Subscription | PC/Mac | Activation Code by email

(2361)

50% Off $89.99 $44.99 (as of November 21, 2024 06:43 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

SPEED-OPTIMIZED, CROSS-PLATFORM PROTECTION: World-class antivirus security and cyber protection for Windows, Mac OS, iOS, and Android. Organize and keep your digital life safe from hackers. ADVANCED THREAT DEFENSE: Your software is always up-to-date ... read more

Bitdefender Total Security 2024 – Complete Antivirus and Internet Security Suite – 5 Devices | 2 year Subscription | PC/Mac | Activation Code by Mail

(3511)

$74.99 (as of November 21, 2024 05:37 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

SPEED-OPTIMIZED, CROSS-PLATFORM PROTECTION: World-class antivirus security and cyber protection for Windows (Windows 8, Windows 8.1, Windows 10, and Windows 11), Mac OS (macOS X Yosemite 10.10 or later), iOS (11.2 or later), and Android (5.0 or later... read more

Clifford The Big Red Dog Thinking Adventures CD-ROM Parent's Guide Ages 4-6

(9)

-85% Off $2.43 $4.50 (as of November 21, 2024 05:37 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

CLIP STUDIO PAINT PRO - Version 1 - Perpetual License - for Microsoft Windows and MacOS

(3061)

$23.99 (as of November 21, 2024 06:18 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

Create original sketches using your mouse or draw naturally with a pen tablet. Powerful coloring tools make CLIP STUDIO PAINT your all-in-one illustration, painting, manga and comic creation solution. Use an assortment of powerful art tools for illus... read more

CodaKid Roblox Coding, Award-Winning, Coding for Kids, Ages 9+ with Online Mentoring Assistance, Learn Computer Programming and Code Fun Games with Lua and Video Game Programming Software (PC & Mac)

(332)

$59.00 (as of November 21, 2024 05:32 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

CodaKid’s Roblox Lua coding educational software provides 100+ hours of interactive student projects designed to engage and educate kids, teaching them to become creators in their own right. Students learn real Lua coding and video game design using ... read more