Co-hosting on Airbnb has surged in popularity, enabling individuals to earn significant commissions without property ownership, making it an attractive alternative for aspiring real estate investors.
'The end goal is not to co-host forever,' said Kaya Reena Vennam, a self-styled 'wealth multiplier' on TikTok. 'The end goal is to eventually buy a property yourself.'
Amber Carpenter from VTrips suggested that the risk to traditional property managers is more significant for those companies not viewing guests as customers or homeowners as partners.
Airbnb's revamped co-hosting marketplace has sparked a surge in interest, with tens of thousands of potential co-hosts seeking lucrative partnerships, aiming for long-term property investment.
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