"I think of it as my house." The rise of remote work has led to longer Airbnb stays She's made friends with some of her former guests and drives up on Sundays to clean up and use the property herself. ![]() It was a decision that brought in an $85,700 in revenue in 2021, according to documents verified by Insider.Ĭorby said she enjoys being an Airbnb host, even though a guest's child drew tic-tac-toe on her leather sofa. She paid $511,000 for the 19th-century property it's now on Airbnb for an average of $403 a night. In October 2020, Corby was reuniting with her daughter in the Catskills when she realized something about their Airbnb: She'd like to own one herself.Īfter a short search, Corby closed on a four-bedroom home in Saugerties, New York, in December 2020 - just 20 minutes from where she had initially stayed. Kathy Corby, a retired doctor based in Philadelphia who hosts an Airbnb, said she saw big returns last year. ![]() "Whether it's getting in the car or hopping on a plane, people are looking to fulfill that desire to travel," he said. Sam Randall, an Airbnb spokesperson, attributed the increase to a "pent-up demand for travel" from COVID-19 restrictions that grounded many vacationers. (Information on median host income in 2020 was not available.) The typical host brought in $13,800 last year from their Airbnb property, up from 7,500 in 2019. In a new report, the leading short-term-rental marketplace said the typical host income in 2021 jumped 85% from 2019. Last June marked the first time that US occupancy surpassed 70%, according to the vacation-rental research firm AirDNA.Īnd Airbnb, for one, says its hosts have reaped the benefits. Occupancy rates for short-term rentals came roaring back from their lockdown lows. Travelers working remotely and adding properties in new destinations have driven bookings.Occupancy rates for short-term rentals also hit record highs in 2021. ![]()
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