Prospective Airbnb Hosts in Bangkok Can Earn an Estimated THB 8,724 Monthly

[webfact]

 

Airbnb Launches New Tool to Estimate Monthly Income for Those Considering Hosting

 

Bangkok, Thailand, 26 March 2021 - Travel is coming back, and Thailand residents looking to earn extra income through hosting on Airbnb could make an estimated THB 8,724 monthly*. This is according to Airbnb’s What’s My Place Worth tool (https://www.airbnb.com/host/homes), a new resource rolled out by Airbnb for prospective Hosts to calculate their potential monthly income. 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 Bangkok, for example, the THB8,724 in estimated monthly income through hosting represents important revenue for prospective Hosts, as Thais continue to struggle financially during the COVID-19 pandemic-induced economic downturn. For many, hosting on Airbnb has provided a social safety net to help stay afloat in these unprecedented times.

For those considering hosting, now is the time. As Airbnb’s recent consumer polling in Thailand found, there is pent-up demand for travel as people yearn to get out of the house and connect after months of pandemic-caused isolation, and the type of meaningful travel enabled by Airbnb is the kind of travel people will continue to seek even after the pandemic ends.

Latest YouGov data indicates that travel with immediate family will be the #1 reason for domestic travel amongst Thais this year. Thais are also seeking affordable and safe travel options that make them feel at home, with quick getaways and nature retreats likely to gain traction. 

The What’s My Place Worth tool is one of many resources Airbnb has for prospective Hosts, all of which can be explored at Airbnb.com/host. 

*The earning estimate for Bangkok stated here is for an entire home listing with a guest capacity of 4. 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.

[AlfHuy]

8724 a month ????

[sanuk711]

8 minutes ago, AlfHuy said:

8724 a month 

Yer I thought it was a misprint at first--- 4 people each paying the staggering sum of about $us2.30 a day........ cant wait to do a conversion of my place and start to reap the rewards..

[madmen]

I earn 5 x that. 

Poorly translated article 

[impulse]

One of the factors used in calculating the amount is the number of days an average place has been rented out in the past 12 months.  Which, for Bangkok, is probably 1 day every 3 months while int'l tourism was shut down. (Really, better than that, but you get the gist)

 

8724 baht a month may be peanuts, but that's more than a lot of hotels made on a typical room when they were all but shut down, too.  Hopefully, it'll get better when they do away with the quarantine.

 

Edited March 28, 2021 by impulse