Airbnb, the â€œmarketplace for spacesâ€ that lets people rent their property just like itâ€™s a hotel room, has now extended that concept to also include monthly rentals and sublets. As the company moves into this new category, it aims to make it just as easy to book a monthly stay or a sublet as it is to rent a hotel room.
One advantage for those who are looking to host or rent property for a month or longer with Airbnb is the convenience of being able to search more than 20,000 properties around the world and filter choices by location or price.
Airbnb emphasizes the convenience of being able to book long-term accommodations â€œsight-unseen,â€ giving its customers the ability to avoid scoping out multiple apartments, condos or houses in person.
In addition, the company touts the convenience of paying rent with a credit card, and adds that many users will like trying out a neighborhood by living in it for a month or two before they commit to buying a house or signing a long-term lease.
Airbnb mentions the added convenience for vacation property owners â€” instead of closing up that beach house for eight or nine months out of the year, now theyâ€™ll have a more efficient way of renting the property to those who will sublet it on a monthly basis.
The company wants to ease the minds of nervous hosts who still vividly remember the Airbnb scandal that took place this July, where one of its hosts had her apartment ransacked by thieves. Now, as a remedy Airbnb offers a $50,000 insurance guarantee that protects hosts from property damage caused by Airbnb guests.
Let us know in the comments if you think this is a good direction for the company, or should it just stick with shorter-duration rentals that are more like hotel room nights?
Author: / Posted: 01-09-2011