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An average Airbnb host can make up to $10,000 a year, the company’s CEO said

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An average Airbnb host can make up to $10,000 a year, the company’s CEO said
  • Airbnb hosts range from college teachers to healthcare workers and can make about $10,000 per year.
  • Airbnb is facilitating its host program to allow more users to grow to be hosts and grow their companies, the company said.

Airbnb hosts range from college teachers to healthcare professionals, with the average person making below $10,000 a year, said Airbnb CEO Brian Chesky at some level of an interview aired Saturday on Yahoo Finance.

The company, which at explain has four million hosts worldwide as of September 2020, is engaged on ways to facilitate its host program to attract of us who want to be a part of either as a passion or a industry, Chesky said.

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Airbnb will proceed to spend money on pricing tools and advanced calendar tools, among other features and dashboards to allow hosts to originate and grow their industry on the short-time interval rental platform.

The coronavirus pandemic has hit

travel

hard, but Airbnb says its weathering the storm higher than some traditional players. Many of us that had to travel at some level of the top of the coronavirus pandemic opted for home stays over hotels and picked destinations closer to home.

“Our performance in 2020 confirmed that Airbnb is resilient and inherently adaptable,” Brian Chesky, Airbnb’s CEO, said in a statement this week when the platform released fourth-quarter outcomes. “Travel is coming back and we are laser-centered on preparing for the travel rebound.”

Earlier this month, Airbnb said this may assemble a unusual tool to assist Airbnb hosts make particular that their company are healthy before they examine-in by way of “Healthy Safety Attestation.”

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Hosts can be able to exhaust the optional tool to search information from of an attestation from company stating that they originate now not have COVID-19 symptoms and that they haven’t been exposed to the virus.

Airbnb reported its fourth-quarter earnings on Thursday, posting $859 million in income, beating analyst expectations, according to Yahoo Finance.
The home rental platform had 46.3 million booked nights and “experiences” in the fourth quarter, amounting to a scandalous reserving value of $5.9 billion.

Due to the pandemic, the platform anticipated a income decline in 2020 compared to 2019. Airbnb introduced in $3.4 billion, down 30% from its 2019 income of $4.8 billion.

Airbnb plans to concentrate on travel rebound, according to Chesky, as the company anticipates that travel demand can be local-oriented in the upcoming interval. Chesky believes that individuals would want to travel to destinations closer to home and communities rather than board international journeys.

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An average Airbnb host can make up to $10,000 a year, the company’s CEO said