Cohost

[Onyx-Stays0]

Good evening Airbnb community! I have over 20 Short term rental units in Nashville TN, Birmingham AL and PCB Fl. I am looking to start a cohosting side of my business to expand streams of income! Does anyone have any tips on the typical rate charged and what to expect?

[Rebecca]

Hi @Onyx-Stays0 👋

Are you part of the Co-host Network? If you're eligible to join, it would be a great space for you to chat with other Co-hosts. 

But in the meantime, we can tag a few Co-hosts here who may be able to stop by and share their thoughts with you: @Joan2709 @Helen3 @Stanja0 @Nathan146 @Bec3748 @Ryan4241 @Elise43 @Monica3088 @Kathleane0 

[Kathleane0]

Thank you for asking @Rebecca. I'm not a member of the Co-host Network and don't plan to be in the near future. 

[Elise43]

Hi! It really depends on the market, and on the power the co-host has in Airbnb's search algorithm. I would recommend connecting with Nashville's Airbnb Community Leader, Barb Culligan, through the Nashville  Airbnb Host Club to get some insider intel.

There are so many different ways to co-host, I'm not sure I can give you guidance on what's typical-- I work in Central Virginia, and I charge at the top of the market for very hands-on, concierge service. But my market has bottom-feeders who charge 10%, get middling reviews, and stay in buisness. There is a big spread depending on the model. You might check out the Experienced Co-Hosting Marketplace to get an idea of prices-- all co-hosts there are carefully vetted by Airbnb, so they often tend to work at the higher end.

[Helen3]

You can find out how much cohosts charge charge in your location by carrying out your market research locally. Do make sure you have a contract you can use to provide services.

do you own the 20 listings you currently manage ? @Onyx-Stays0