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Airbnb rolls out interactive tool for hosts to calculate potential income

KUALA LUMPUR (April 12): Online marketplace for lodging, Airbnb Inc, has rolled out its "What's My Place Worth tool", for prospective hosts to calculate their potential monthly income.

In a statement, the firm said the interactive tool computes the estimated income through inputs for geography, type of listing and space and factors in prior Airbnb booking data in the area.

In Kuala Lumpur, for example, the RM1,551 in estimated monthly income through hosting on Airbnb represents important supplemental revenue for prospective Hosts.

It said the RM1,551 earning estimate for Kuala Lumpur hosts stated is for an entire home listing with a guest capacity of four, adding that it is based on booking data from the past 12 months for that area, and calculated by multiplying a nightly price by the total nights of occupancy.

Airbnb said a recent "Meaningful Travel Trends" survey it commissioned indicated that Malaysians are ready to reconnect with their families as soon as restrictions ease and interstate travel reopens, with many looking forward to enjoying slower-paced holidays as well as exploring off-the-beaten-path nature destinations with their loved ones.

It said around the world, Airbnb hosts have also shared different ideas on how to make their homes more appealing to guests.

It said that as remote working has become the norm, guests are looking for listings which enable them to live and work anywhere, with wireless internet being the No 4 top searched amenity.

Listings with laptop-friendly work spaces as well as cooking amenities are also popular among guests.

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