In the bustling conversations of Christmas and “Borga” returns, the idea of turning spare rooms into Airbnb opportunities is gaining traction.
The prospect of hosting tourists and Ghanaian returnees during the festive season is an appealing way to earn extra income.
If you're considering venturing into Airbnb hosting, here's a breakdown of the process, courtesy of Cyril Nii Ayitey Tetteh, the Executive Director of Yecham Property Consult and founder of Ghana Green Building Summit.
Understanding Airbnb Basics
1. What is Airbnb?
- Airbnb stands for “Airbed and Breakfast.”
- Hosts can sublet parts of their homes, including living rooms, bedrooms, or even outhouses, by listing them on Airbnb's platform.
- The platform connects hosts with travellers seeking a local experience and affordable accommodation.
Getting Started as a Host
2. Creating a Profile:
- Aspiring hosts need to create a profile on Airbnb's site.
- Profiles are verified and can be linked to social media for added authenticity.
3. Commission and Bookings:
- Airbnb charges hosts a 3% commission on every booking and guests between 6% and 12%.
- Hosts showcase their space with available calendars.
- Guests can send booking requests or instantly book available spaces.
- Guests pay the full amount securely when booking.
- Hosts receive payment 24 hours after guests check-in.
Trust and Security Measures
5. Peer-Review System:
- Both hosts and guests can leave reviews for each other after a reservation.
- This system builds trust within the Airbnb community.
6. Verified ID System:
- Confirms people's identities by matching them with social media and other offline documents.
- Mandatory for last-minute bookings.
7. Trust Your Gut:
- Traditional instincts still play a role. Trust your intuition and only engage in hosting when completely comfortable.
Hosting Airbnb guests
Considering Airbnb hosting provides a win-win situation for everyone involved. Hosts can earn extra income, guests enjoy affordable and local experiences, and Airbnb facilitates the connection.
To Koo and others hesitant about taking the leap into Airbnb hosting, this breakdown aims to provide comfort and clarity.
As Cyril Nii Ayitey Tetteh concludes, “That's pretty much a bird's eye view of the process. Are you interested in becoming a host or have other questions? I am available as always. Speak soon and happy future hosting to you.”
Whether you're a potential host or curious about the process, the door to Airbnb opportunities is wide open for those willing to explore.