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For every confirmed booking of your property, Airbnb offers Host Guarantee, a $1 million property damage protection. This means, your property is safe against any damages that a guest may cause.

Additionally, your host gets a $1 million accident cover under Host Protection Insurance. This means, your guest has insurance for treatment of any injuries or accidents they might sustain while living on your premises.

Generally, these covers supplement your homeowner insurance. Airbnb insurances are in force as long as a guest stays on your property.

4. Airbnb Arbitrage

Airbnb Arbitrage is a system that allows you to become a host and make money with Airbnb without owning property. There is no such official Airbnb system. Yet, it is a good way to launch a startup that works to make money with Airbnb.

Generally, arbitrage is a system where an investor makes money on the price difference in the market.



With Airbnb Arbitrage system, you can rent a furnished room, apartment, condo or house at a top destination. You enter into a long term lease agreement with the landlord or the property owner.

Get explicit permissions from the owner to allow leasing the property through Airbnb. Once you have such property at a hot destination, put it up for hosting on Airbnb at a higher price.

Usually, the system works well for destinations which are in demand among Airbnb customers. Hence, you will have to do some research to find and shortlist the hottest destinations.

But there are major flipsides to Airbnb Arbitrage. You will have to put money upfront while leasing accommodation. Also, the agreement has to be long-term to get better rates from the landlord.

And most destinations are not in demand round the year. Which makes getting customers difficult during off-peak season while you lose money on the lease.

You need to make really big money during the peak season. This will cover up any losses due to fever or no guests during off-peak season.

5. Offer Extras to Guests

Once you become a host, there are more ways to make money with Airbnb. Include extras such as breakfast and other meals, travel services, Virtual Assistance, guided tours and sightseeing, airport-home transfers, tickets to events, currency exchange services and opportunities to host a party or celebration, among others.

You can charge extra money for these services.

If you wish to offer these extra services, mention them explicitly on your Airbnb post. This helps guests to book the services before arrival.

Some hosts charge guests for cleaning. However, this can be a major put-off. A guest chooses your accommodation over a hotel for several reasons. And hotels do not charge you for cleaning the room.

6. Host an Experience

This is the latest addition to Airbnb services. You can host an experience. Simply put, it means you host a visitor at home and provide them a unique experience that is not available from regular travel companies.

You can offer a wellness and fitness experience or teach cooking your native cuisine. Teach someone to paint or draw or show them how to create exquisite wines and other beverages. Or take them on an adventure which you are fond of.

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