You will have fewer operational responsibilities.

The most beneficial type of cancelation policy.

Steady revenue throughout a year (even during low season).

Let’s take a look at the pros and cons of Airbnb’s long-term rentals. You should take them into account when deciding whether to offer Airbnb monthly rentals to your guests. Short-term and long-term rentals are a slider between revenue/operations overload and safety/peace of mind.Īirbnb Monthly Rentals: Pros and Cons of Long-Term Rentals for Hostsīoth short-term and long-term renting have their advantages and disadvantages.

This approach can help you sustain your rental business during quieter months. But you can also use the Airbnb extended stay feature to lend your property long-term. Of course, as a host, you can earn more from short-term rentals. This solution does come with a price: a significant decrease in the cost per night. Monthly and long-term rentals can help a lower occupancy rate, providing hosts with a reliable income stream at a smaller workload. College students and interns who move to another city to study, and workers who have far-from-home missions are also choosing Airbnb rentals as they offer more privacy than hotels.Seniors need safe accommodations to shelter in their own communities.Work-from-home professionals are looking for vacation rentals that offer a home office to have a quiet place to work.Airbnb Extended Stay Feature: Why Are Long-Term Rentals Popular?Īirbnb long-term rentals are becoming more popular among guests due to the coronavirus pandemic that interrupted different spheres of everyday life. They introduced several new tools to help push the platform along in the direction of long-term stays during the coronavirus crisis.Īre you looking to host long-term Airbnb guests? Keep reading to learn how Airbnb works for long-term rentals. To keep their businesses afloat, many of them are turning their property into Airbnb long-term rentals.Īirbnb has decided to make long-term stays a permanent feature in their portal. Due to the coronavirus pandemic and travel limitations, Airbnb hosts have experienced a drop in bookings and are scrambling to find new guests.

Long term stays airbnb