7 interesting Airbnb facts you need to know about

Since its inception in 2007, Airbnb has reshaped how people travel and stay. Whenever you travel, you now have so many options to choose from in terms of accommodations: hotels, shared flats, villas, and beachfront properties — just to name a few. Airbnb's reach has grown so much that there's likely a property that suits everyone's tastes, no matter how specific or eccentric may be.

How much do you really know about Airbnb and their journey? Here are some things you might not know:

The origins of 'air' in Airbnb

Airbnb was first known as 'Air Bed and Breakfast'. Born out of necessity, its founders started by renting out air mattresses in a tiny San Francisco apartment that offered airbeds and breakfast to conference attendees. This humble beginning is a testament to Airbnb's innovation, growing to the $30 billion beacon of global travel it is today.

A global mindset

Though Airbnb had a very humble beginning in that apartment in San Francisco, it is now being embraced in virtually every corner of the planet, with listings in over 100,000 cities worldwide. Whether you're looking for a short-term rental near the beach, in the woods, on a mountain top, or whatever it is you could dream of, there's probably something that will suit your fancy.

Interested in booking an Airbnb in Australia? Check out our curated list of recommendations.

The heart of Airbnb

Have you ever glanced at Airbnb's logo and wondered what it might mean? Known as the Bélo, this emblem is more than just a design; it symbolises Airbnb's ethos. The logo combines four elements: a head, a location icon, a heart, and the letter ‘A’. But why these particular elements?

• A Head: Representing people, the cornerstone of Airbnb's community.
• A Location Icon: Symbolising the places that bring people together.
• A Heart: The universal symbol of love and connection.
• An ‘A’: Standing for Airbnb itself, the platform that unites all these elements.

Unique stays and experiences

Did you know that Airbnb not only offers short-term rentals, but also unique experiences such as personalised tours, cooking classes, and the like, with hosts earning up to $10,000 annually from such activities. From online experiences to unique stays like tiny homes, Airbnb is redefining travel experiences.

Market trends and insights

The average nightly price on Airbnb is approximately $137, varying by region. Due to the ever-changing market demands and travel trends, hosts are adapting their strategies to maximise their rental returns.

Need help with your Airbnb management in Australia? Reach out to Hometime, and we'll be sure to help out.

Empowering women across the globe

Over half of Airbnb's hosts are women. These incredible entrepreneurs have transformed their homes into welcoming spaces, redefining hospitality and earning over $600 million.

The impact of Airbnb Superhosts

Airbnb’s Superhost program, recognising the most dedicated and top-rated hosts, boasts over one million Superhosts globally. These hosts collectively earned a staggering $23 billion between October 2021 and September 2022. Impressively, the average Superhost earns 64% more than a regular host.

Learn how to become a better Airbnb host and earn more with Hometime's revenue and booking management services.

Hands off Airbnb management in Australia

At Hometime, we understand the nuances of hosting on Airbnb. Whether you’re a seasoned host or just starting, our expertise and personalised approach can elevate your Airbnb management and hosting experience. Get in touch with us at Hometime to unlock the full potential of your property with the following services:

• Property styling and photography
• Listing optimisation
• Cleaning services
• Revenue and booking management
• Guest management
• Property maintenance
• Access to Hometime's all-in-one property management software