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Airbnb for events: finessing beyond apartment rentals

05-11-2018 04:39 PM CET | Tourism, Cars, Traffic

Press release from: Customer Numbers

If there’s one thing we can say about Airbnb, it’s the fact that over the last couple of years, the $2.6bn company has profitably taught us about the importance and need for sharing and shared spaces. Even amidst the most hilarious, captivating, annoying and downright disturbing reviews of owners and renters, Airbnb has significantly disrupted the norm of hotels, guesthouses and motels and eased access to personal hospitality around the globe. Today, we take a look at a somewhat underused, yet, one of the most innovative solutions from Airbnb – Airbnb for events.

What is Airbnb for events?

Airbnb for events is a specialized feature of the Airbnb offerings that is tailored for use with a wide array of events, social functions and much more. This package makes it possible to secure an appropriate space listed by an owner, already indicated for rental purposes.

How does it work?

The process follows the regular Airbnb listing process. It typically involves creating a free listing that will help others discover and find your space. You set the hourly pricing and availability of the space. As soon as request and inquiries start rolling in, you start to respond to qualified potential guests. Feel free to confirm a request as soon as you and your guest firm up terms and reach a conclusion.
If you’re looking to secure a space for your event, the process is the same as securing any Airbnb apartment.

Why Airbnb for events is such a big deal

There are many benefits of the Airbnb for events feature. First, it can be a really feasible and sustainable way to add a fresh stream of revenue to your space asides the regular home listing. Since there are hundreds and thousands of events running annually, you can fill your calendar during slow seasons and gain higher profit margins. The need for significantly lesser cleanup, less wear and tear, early tax deductions and no kitchen usage are also among the plethora of benefits of Airbnb for events.
A few other benefits of the Airbnb for events feature for both Owner and Renter includes:

1. Outstanding venues at affordable rates
One of the key benefits of using Airbnb for events lies in the possibility of finding exotic, historical or simply breathtaking locations that you can use for your events at affordable rates. This can be particularly helpful for you if you want to leave a mark on the memories of your attendees and still save some reasonable bucks while at it. For space owners, it can be a remarkable way to gain more profits especially when you own a space that matches the theme of an event. Whether it’s a castle next to a beach or the park next to where Superman defeated Brainiac, both event organizers and space owners can enjoy a mutually benefitting deal.
2. Improve your likelihood to succeed with your event hosting bids
Having enough accommodation space is arguably one of the biggest challenges faced by organizers looking to host programs in their city. Using the Airbnb for events feature, event organizers can bid and boast of a concise or estimated number of bed spaces that can accommodate out-of-town organizers. Since lack of hosting accommodation is a major culprit that can cause bids to fail, using Airbnb can prevent disqualification due to accommodation and bedding deficits.

3. Increased event attendance and potential expansion of market
If the revenue and frequency is well worth it, you can bank on the fact that Airbnb may soon create a unique niche for the Airbnb for events feature. The Airbnb summer travel report acknowledges how Airbnb has helped to boost attendance for a number of major events in the year 2015. The same can be said for this year and the year to come.
Using Airbnb for events to host large functions that can cater for accommodation and match the highlights or theme of the program may promote attendance for event organizers, thereby increasing ticket sales and revenue for all involved parties.

Bottom line

When it comes to Airbnb for events, the potential is unlimited. Asides being a great way to increase revenue in slow season at lower maintenance costs and higher profits, Airbnb also benefits event organizers and renters by providing affordable yet suitable spaces to host their programs. If you own a space that is suitable for events, now is the time to take full advantage, get listed, make money and get reviewed!

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