In today’s episode I talk about what makes the Airbnb market in Bangkok special and how these factors will shape the market in the future. From the specifics of empty, furnished condominiums in the heart of Bangkok, to its status as the most visited city in the world and the availability of infrastructure and personal it’s a short and direct look at why we’ll soon see some interesting developments in the local vacation rental market.
As promised on air, here’s a quick guide on how to get roughly $150 in accommodation credit with Airbnb.
In short, you get roughly USD 25 for signing up, USD 75 for renting out your place once (in addition to the rental payment you receive from your guest) and another USD 50 for your first business trip. You can increase that even further by bringing more people to the platform, but let’s start with how to make the above happen.
Next, you can make another 50 USD by booking a trip through Airbnb as a business trip. For that you’ll have to sign up with a business e-mail. Pretty much a no brainer if you run your own business and have to travel for work.
Last, you want to get the USD 75 for hosting someone. Not everyone lives in a location where there is a massive demand for this, but you’d be surprised: Maybe it won’t see a lot of demand, but even just seeing a few nights booked will earn a lot this point some people don’t bother – and depending on your location it might not make much sense. Not every country sees the same influx of tourists as Thailand does. However, don’t forget that some people even look for long-term options because they are doing an internship somewhere, so even non-touristic places can sell on Airbnb.
Hosting however is its own bag of worms, so if you want to delve into that further beyond just getting your initial bonus, there’s no shortage of online communities of hosts that can share advice on descriptions, photos, selecting guests and other hosting headaches.
Hope this gives you a quick primer on the topic. If you have any additional questions, feel free to chime in in the comments!
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