This website is all about how to make money online right here in Jamaica and so the options are many. In this article, we are going to look at how you can make money from Airbnb from your home in Jamaica.
Making a decent amount of money is possible if you know how to make money from Airbnb. After all, millions of people across the world are making big money with Airbnb. It is possible to join this ever-growing number.
So What is Airbnb and How Does it Work?
Airbnb acts as an intermediary between those who have a place to rent and those who are looking for space to rent. It is more design for travellers who want to intermingle with residents to learn about the place they are staying and also plan on staying for several days or weeks.
So if you have some extra space in your home (or even an entire home) that you’re not using right now, you can loan it out to people who need somewhere to stay.
AIRBNB has become a global holiday phenomenon, as people can travel to new places and save some money as they stay in ready to go homes at a reasonable price.
The rental tour de force has taken off in the past few years as people rent out their homes quickly and easily – although renters have found it doesn’t always go to plan.
It is as simple as booking a hotel online – the website allows you to browse through location and price and you can see reviews of past visitors and then you pay the fee. Both the hosts and Airbnb make money when the homes are rented.
The industry has expanded recently to include experiences as well as accommodation – so people can buy packages such as a tour or a cultural experience guided by the host.
How to Make Money from Airbnb in Jamaica
In 2018, Airbnb hosts residing in Jamaica welcomed approximately 89,500 guests with an average trip length of approximately five days. These travellers were accommodated by 4,100 hosts who opened their doors to offer locals and foreigners alike a diverse, inclusive and sustainable travel experience in urban destinations such as Kingston, but also in rural areas or areas that typically benefit less from tourist visits.
“Undoubtedly, Jamaica is an important destination in the Caribbean and thanks to Airbnb, and a strong partnership with the Tourism Minister Edmund Bartlett and the Jamaican Tourist Board (JTB), more and more local travellers, and travellers from the rest of the world, are able to visit Jamaica and travel in an authentic way. This sustainable way of travelling generates a positive and significant impact within the country, and helps to economically empower our Jamaican hosts and their communities,” said Carlos Munoz, Airbnb Campaign Manager, Public Policy and Communications for the Caribbean and Central America.
In Jamaica, Airbnb is able to connect travellers to more than 7,600 places to stay throughout the island. For sharing their home, a typical host in Jamaica earned revenues of up to US$2,600 in the last 12 months. This figure is a sample of how Airbnb allows hosts to become hospitality entrepreneurs by earning extra income, which in many cases allows homeowners to offset expenses and stay in their home.
Airbnb aims to match two kinds of people together; those who have empty beds or houses that aren’t being used, and those who need a place to stay while on holiday.
After 11 years in business, the Airbnb’s site lists more than six million rooms, flats and houses in more than 81,000 cities across the globe. On average, two million people rest their heads in an Airbnb property each night – half a billion since 2008.
3 Best Ways to Make Money from Airbnb Right here in Jamaica
1. Become a Host with Airbnb
Becoming a host with Airbnb can be very lucrative thousands of people worldwide are earning a full-time salary from it. Some have become millionaires, according to various reports.
To become a host with Airbnb, you need to rent out a furnished apartment, home or room to guests arriving at your country/location from distant locations. These guests are domestic or foreign travellers.
Any person 18 years or older can register as a host on Airbnb for free. Once Airbnb confirms your registration as host, log in to your account and list the room, apartment or house you wish to rent out as host.
Upload excellent images of the property then write a brief description. Highlight any special offers like free Wi-Fi, free parking etc. Also, list your terms and conditions and the price for the accommodations.
Airbnb has a strict ‘No Discrimination’ policy. This means you cannot discriminate guests on the basis of their religion or nationality, race and gender, among others. Therefore, make sure you read their terms, conditions and policies carefully before registering as host.
Further, Airbnb has a very transparent, two-way review policy: the guest and host review one another. This ensures you get a fair review. Money for your premises is taken by Airbnb. You get the money if the guest has no complaints with the property and finds it matches your posting.
If any complaints do arise, Airbnb gives you an opportunity to rectify the problem quickly. They also protect you against last minute cancellations by giving you part of the money the guest would pay as rent.
2. Airbnb Affiliate Program
There are two affiliate programs to make money with Airbnb. One is the Guest Affiliate Program and the other is Host Affiliate Program.
- Guest Affiliate Program: If you have a blog or website you can register as a Guest Affiliate. You get commissions if someone books accommodations or experience through Airbnb using your affiliate link.
As a qualified affiliate, you’ll get access to feature any Airbnb listing on your site. You’ll earn a commission for every booking you drive through your audience — and your customers get all the makings of an unforgettable trip.
- Host Affiliate Program: You have to highlight your experiences as an Airbnb host and encourage others to register. You get paid when someone uses your link to sign-up as host with Airbnb.
If you qualify, you’ll help your users earn extra income as Airbnb hosts. Showcase Airbnb hosting opportunities for your audience and earn a commission for each new host who signs up.
Both of these Airbnb affiliate programs are very popular. You can join one immediately and make money with Airbnb.
3. Work for Airbnb
Working for Airbnb is the surest way to make money from this company. Currently, Airbnb has more than 3,000 people around the world on its payroll.
Airbnb has head offices in San Francisco, California. However, the company has extensive operations worldwide. And offices in several countries outside the US.
Airbnb requires staff at its various offices, locations and destinations as well as remote workers or telecommuters.
Additionally, Airbnb hires temporary staff at every location, especially during peak travel seasons. They also offer internship programs in certain categories for students.
The company has a constant need for new staff in various specialized and general fields. Whether you are a lawyer or engineer, travel expert, management expert or a trainee, Airbnb has a job that matches your education and skills.
The rich, as well as ordinary working class people, are always looking forward to taking vacations, travelling the world and experiencing new cultures; therefore the demand for quality accommodation and unique experiences will always remain evergreen.
Jamaica is a prefered destination so people will always want to come to Jamaica so you need to position yourself to benefit from this industry if you have an interest. So you see how this avenue on how to make money from Airbnb can open up to you. Even if you have no knowledge of the business you can do your research.
The possibility is there to make good money from Airbnb so I think you should give it a thought or share it with someone who might be interested.