Airbnb unveils new co-host network to boost number of listings on platform

Published On Oct 16, 2024, 1:36 PM

Airbnb has introduced a new feature allowing homeowners to hire co-hosts to help manage their rental properties. This initiative aims to increase the number of listings on the platform by assisting potential hosts who may feel overwhelmed or intimidated by the hosting process. The co-host network includes over 10,000 available co-hosts, most of whom are experienced 'Superhosts'. This move is part of Airbnb's broader strategy to better connect potential hosts with guests, especially as demand remains high with over 2 billion bookings facilitated on its platform.

Stock Forecasts

With the introduction of the co-host network, Airbnb enhances its platform's usability and appeal to potential hosts, likely leading to an increase in listings and bookings. This can positively impact Airbnb's revenue and market share as it addresses current host concerns and expands its user base.

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