Airbnb has launched the “What’s My Place Worth” feature to encourage more Malaysians to consider hosting their homes for additional income with an estimated RM1,551 monthly.
Sharing home on Airbnb can provide a social safety net, helping the host to stay economically afloat in these unprecedented times.
A recent Meaningful Travel Trends survey commissioned by Airbnb indicated that Malaysians are ready to reconnect with their families as soon as restrictions ease and interstate travel reopened. Many are looking forward to enjoy slow-paced holidays as well as exploring new places to accommodate their travel.
Hosting on Airbnb represents important supplemental revenue for prospective hosts especially in Kuala Lumpur as a center for the business with strategic locality.
It is timely for those who looking to host their home now. Airbnb stated that new hosts who have only one listing and have welcomed their first guests during the pandemic have earned over $1 billion collectively by sharing their space on Airbnb.
Globally, Airbnb hosts have also shared different ideas to make their homes more appealing to guests. With remote working has become the norm, guests are looking for listings that enable them to live and work anywhere. Listings with laptop-friendly workspaces as well as cooking amenities are also popular amongst guests.
The “What’s My Place Worth” feature is one of many resources Airbnb has for prospective Hosts, all of which can be explored at airbnb.com.my/host. Prior to listing the space on Airbnb, the host is advised to review all local laws and general health and safety guidelines.