Airbnb is a platform where users can book their stay for a time period. If you are running a business like Airbnb, you will get the profit in the means of service fee or commission for every booking from the property owners / guests.
Do you think about starting a business like airbnb ? It will be more profitable if you are thinking about the profit earned in this business.
What will be the requirements for starting a business like airbnb ?
- Purchasing Airbnb clone script
- White labelling
- Attract Property / hotel owners to list their properties on your website
- Market your website to reach more people.
Purchasing Airbnb clone script
Before starting a business, we need a separate and unique website / mobile app for connecting guests and property owners which allows guests to make a booking of property.
If we are thinking about developing this website / mobile apps from scratch, it will not be a good idea. Because it needs more time / more investment. If we can purchase the best airbnb clone script from the market, with multiple features and at good cost, that will be more profitable for us.
White Labelling
White Labelling is the process of making the purchased script as our company property.
If we can display the website / mobile apps with our company name it will be more perfect to reach more audiences.
There are more companies in the market, that white labelling can be done without any additional costs.
Attract Property / hotel owners to list their properties on your website
Before launching your business, we need to give a set of property / hotel lists that gives a space to guests / users to book their properties.
Business owners need to make an agreement with hotel owners to list their property and about service / commission fees.
Market your website to reach more people
In an online business, digital marketing plays a vital role in advertising the brand.
If one makes a perfect digital marketing, they will reach enormous potential customers.
There are a lot of airbnb-like businesses on the internet, initially we can attract customers to our website through digital marketing, but after that business owners ensure the service / quality of the website and customer support. This will boost up their business beyond that initial point.
How much will be the profit by running a business like Airbnb ?
If one Host / hotel owner list a property and if he rents the property for minimum of 120 $ / night, if it means for one booking admin (who runs the website) will get as below,
Service fee charged from guest – Min 5% of 120 $ = 6 $
Booking commission fee from host – Min 5% of 120 $ = 6 $
For one booking, Admin will get 12 $ as a commission.
If he gets at least of 25 nights booking at one hotel, 25 * 12 = 300 $ / hotel.
If minimum of 100 hotels, get 25 nights booking the commission amount will be, 300 * 100 = 30,000 $ / month
If the admin wants to increase the service / commission fee he can change it. If hotel / property counts increase, the commission also increases.
Approximately, 30,000 $ USD will be the revenue for the admin in terms of commission without any additional costs.
Admin can do the business easily and earn high profit with the less work..
Thank you for reading this.