Being a frequent traveler, I can recall a bunch of situations where AirBnB saved my bacon. This phenomenal website has been a go to location for travelers for years, as it provided an easy way to find affordable housing all around the world.
Still, in order to remain on top, you have to constantly evolve, and thus AirBnB creators decided to implement another awesome feature to their service. It’s called “experiences“, and after a couple of years in the making, it finally made its debut a couple of months ago. Brian Chesky, AirBnB CEO, called it the most monumental change to happen within the company to date! That says a lot, doesn’t it?
AirBnB always wanted to offer more content to their users, besides the housing options, and experiences program allows them to do so. The first pilot began in 12 cities, and after the initial success, it will now grow to another 50 cities from around the globe.
These events are divided into two sections: immersions - experiences that last a couple of days, and single day experiences, which last for only a couple of hours, but are understandably a lot cheaper as well.
What’s in it for me?
Well, if you are a traveler, experiences come with many benefits. First and probably the most important of all, it will allow you to connect with your surroundings much better, letting you experience every single nook and cranny of your desired destination. AirBnB imported a bunch of filters to help you with your quest, sorting these events by location, desired activity, costs or duration. Sure, there are plenty of local travel agencies that’ll provide similar services, but AirBnB made it all so much easier, and by reading customer reviews, you’ll be able to get an idea of what a certain program has to offer, which is more than a welcomed sight.
Through a specifically developed algorithm, you’ll be offered several packages which might interest you, located in the special recommendation bracket. Make sure you give it a chance, it might be better than you ever hoped for.
How to make money from it?
Here comes the big question everyone’s interested in. First of all, let’s look at the fees. While hosts only pay a 3% profit fee, experiences hosts are looking at 20%! Although that might seem downright scary, it’s safe to say that this deal can be very lucrative in the long run.
For instance, business owners are the ones with most to gain from this fantastic deal. Right now, there are plenty of food and fine wine tours available, lasting from a couple of hours to a full weekend. In case you own a restaurant, you will be able to include it it this tour, and that will not only generate instant profit, but also expand your business, and possibly strenghten your brand even further by gaining a couple of positive reviews and satisfied customers as well.
Furthermore, Experiences give you a chance to connect with other people from the industry, and that might open a path to some business deals in the future. AirBnB also partnered up with many apps for booking restaurants and local establishments, and if your business can get on this list, it can provide you with a steady stream of new customers. Sounds like a great deal, doesn’t it?
How can I become an experiences host?
Both guests and hosts are obliged to verify the identity by providing a scan of a government-issued ID, such as driver’s license or passport. Additionally, they’ll also have to snap a selfie. By doing this, AirBnB ensures maximum levels of safety to its users.
What does the future hold?
Considering that this is the biggest move the company has made since its foundation back in 2008, it’s safe to say that Experiences will only keep on growing. By expanding across the globe, more and more services will become available, and those are excellent news for travelers. Cannot wait to see this idea fully developed!