Ready to start Co-Hosting Airbnb Properties? We’ve got you covered.

So, you’re thinking about co-hosting Airbnb properties? Maybe you enjoy hospitality, have an eye for design, or want to boost your income. This booming industry offers rewarding opportunities, both financially and personally. But like any business, it requires planning, smart decisions, and dedication.

This isn’t about quick wins. It’s about creating amazing experiences, running a professional Airbnb co-hosting business, and growing long-term income. This is your ultimate guide to running a thriving co-hosting business from co-hosts with over a decade of experience.

We’ve rounded up all of our Airbnb Hosting Must-Haves right here in our Amazon Store. Click here to grab everything you need to curate your property and start earning 5-star reviews.

What is Airbnb Co-hosting?

• What is Airbnb Co-hosting?
• Why Consider Co-hosting Airbnb Properties?
  • Benefits of Co-hosting Airbnb Properties
• Building Your Co-hosting Business Plan
  • Setting Financial Goals and Pricing Structure
  • Craft Your Co-hosting Pitch
  • Contracts to Set Boundaries
  • Mastering Client Relations and Onboarding
• Interviewing Clients and Properties for Success
• Conclusion

What is Airbnb Co-hosting?

Airbnb co-hosting is partnering with a listing owner to manage their listing and/or guest experience. Think hands-on hospitality in a thriving industry, with you on the ground 24/7.

As an Airbnb co-host, your responsibilities vary. They depend on client alignment and each listing agreement. Tasks can include property management, communicating with guests, or arranging cleaning services.

Why Consider Co-hosting Airbnb Properties?

Co-hosting Airbnb properties offers serious income generation and flexible working hours. It is a good co-hosting experience to add to your resume.

You’ll work closely with property owners, possibly even becoming an equity partner. This dynamic lifestyle offers new challenges and opportunities daily. Many property owners need help with hosting short-term rental guests.

Benefits of Co-hosting Airbnb Properties

Co-hosting allows owners to leverage your expertise: revenue management, streamlined processes, day-to-day tasks, or personalized service. This partnership scales income for everyone and increases your free time. You will also have an easier time to join Airbnb yourself after a co-hosting experience.

Building Your Co-hosting Business Plan

Treat co-hosting like a business. Establish brand standards and core offerings for consistent guest experiences across your managed properties.

Also, create an operations manual for procedures: day-to-day tasks, communication protocols, and emergency handling. Develop strategic partnerships for mutually beneficial business arrangements, such as volume discounts.

Setting Financial Goals and Pricing Structure

First, clarify your revenue goals when co-hosting Airbnb properties. Are you seeking income for expenses, savings, future rental investments, or real estate growth?

Do you want to host Airbnb yourself and/or build a larger real estate career? Defining your goals helps identify desirable properties and guides decisions about commissions and fees.

Consider your target property scale: smaller or larger homes. Your earnings should reflect market trends and your service level.

You’ve heard us say it before: Know Your Numbers. Your numbers are the backbone of your business. We’ve got you covered with our FREE Know Your Numbers Guide available right here. This knowledge is your most powerful tool to make decisions in your business. 

Craft Your Co-hosting Pitch

Build a portfolio—digital or print—showcasing your talents and offerings to potential clients or equity partners. This can even lead to acquisitions or setting industry trends with media outreach.

Your portfolio should generate inquiries and consultation appointments, sparking top-of-the-funnel engagement opportunities. Include strong visuals and client testimonials showcasing your success.

Contracts to Set Boundaries

Always seek expert advice (accountants, attorneys) before any business agreements. This applies to guests, co-hosts, and any legal implications. Contracts must outline clear expectations. Parameters for guests, length of stay, cleaning fees, and cancellation options should be made clear to guests. They protect everyone and ensure smooth operations. Remember hosting responsibly.

Mastering Client Relations and Onboarding

Show homeowners you value their partnership. Efficiently onboard new listings, clarify owner statements and communication frequency (daily, monthly, quarterly), and offer support for scaling income. Set clear boundaries from the start. This can help to manage response rate with all clients and properties.

Interviewing Clients and Properties for Success

Interview potential properties as investments. Evaluate the potential return on investment for short and mid-term tenants. It should feel like it’s your own.

If the ROI is lacking, the work won’t be fulfilling, regardless of aesthetics. Seek passionate homeowners, exciting opportunities, and a strong sense of alignment.

Co-Hosting Overview

Co-hosting Airbnb properties can generate significant earnings, offering freedom and reducing financial pressure. Focus on high-earning homes for maximum returns. Prioritize properties aligning with your vision to maximize income and free up your schedule for family members or a better work life balance. This careful approach opens doors to the best co-hosting opportunities on Airbnb and offers a rich co-hosting experience.

You know what’s the best investment you can make in your Airbnb Business? It’s investing in yourself. We recently covered this topic in on the Thanks For Visiting Podcast – check out the episode right here.

Calling All Hosts: The Hosting Handbook

If you loved this post we invite you to check out our one-stop-shop solution for hosts everywhere —the Hosting Handbook! While you can download all the easy to consume, step-by-step tips we use in our own hosting business and create the ultimate “book” the Hosting Handbook is so much more than that! If you’ve consumed or content for years (or just met us!) this is the reference guide for all the amazing and tactical tips we have for running a profitable and, more importantly hospitable, short-term rental. How do we price for pets? How do we fold our towels? What sheets do we buy? How do I purchase a short-term rental? All these questions (and more!) can be answered in the Hosting Handbook! Check it out now!

Happy Hosting!