airbnb

The Sharing Economy: Airbnb for Travel

This is Part 2 of a sharing series. I’m a big fan of the sharing economy, because it’s clever, cost-effective, and follows the life mantra of “what makes a better story.” It’s not for everyone, but if you’re intrigued, read on!

Sharing experiment #2: booking with Airbnb

For those with a chronic case of wanderlust, I highly recommend checking out Airbnb for your next trip, if you haven't already. Airbnb is a website where people can list, find, and rent lodging. They currently have over 1.5 million listings in 190 countries, so you'll have plenty to choose from.

  Stay on a houseboat  in South Carolina

Six good reasons to use Airbnb

You’re on a budget.

Renting a private room on Airbnb is roughly half the price of a hotel. If you rent an entire place, it's 20% cheaper than a hotel.* Your savings get even better if you're going to an expensive city like NYC, San Fran, or Seattle.

You’re traveling with a group.

Book the entire place! Take the already wallet-friendly price and split it up with your traveling companions. Not only does Airbnb give you community space to hang out, everyone could have their own room. Now that's fun.

You’re staying a few nights.

When you book a whole place, this usually means you have a kitchen and the option to cook when you’re tired of fast food for the fourth day in a row.

You want to feel like a local.

With Airbnb, you can stay in neighborhoods with character and really get a feel for the vibe of a place. True story: I stayed in an Airstream trailer in Portland and the hippies at the commune next door were making plum wine in the yard. Now that's local flavor.

You’re traveling with pets.

Airbnb has more pet friendly options than hotels. If you fall in love with a place but it’s not pet-friendly, just ask. You might have to pay extra for cleaning, but it’ll still be cheaper than dog boarding!

You love an adventure.

Want to stay in an igloo? A caboose? A boat? A tree house? A yurt? A mansion? Lucky you: they're all on Airbnb! Even if you don’t stay in a place from a children’s book, it’s still a more interesting experience than a hotel.

I’ve also found the well-rated hosts (4+ stars) go above and beyond. During a stay in San Diego, the hosts left beach cruiser bikes and beach chairs for us to use. While visiting Crater Lake, we were greeted with warm chocolate chip cookies and used the hosts' kayaks.

 

  Stay in a tree house  in Australia.

How to book a place using Airbnb

The Sage & Mint recipe for a good first experience on Airbnb:

  • 4+ stars (at least 10 reviews)
  • Book entire place
  • Stay at least two nights
  • Stay in walkable areas
  • Travel with friends
  1. Well first, you have to sign up. It’s totally free.

  2. Once you have an account, you can start looking at destinations. I use the “wish list” feature quite a bit to save my favorites; it's like a Pinterest board.

  3. Use the filters to limit your search to what is available during your travel.

  4. You can choose to share a room, rent a private room, or rent an entire place. I am partial to booking an entire place, but renting a private room is great for a clutch last-minute cheap stay. Solo travelers - you know what’s up - use your best judgement and err on the side of caution if you end up renting a private room.

  5. To book, you'll either see a lightning bolt next to the price or a "request to book" button. The lightning bolt means you can instantly book just like a hotel. The "request to book" means you'll send a request to the host and they'll confirm the booking.

    1. When you request to book, you’ll write a little note to the owner with your reason for booking. You can keep it short and sane: "Hi, I'm traveling to the area for vacation/visiting family/a Netflix binge and your place looks great!"

    2. The host will pre-approve your request and then you'll actually have the ability to book. You will get an email from Airbnb that says you can now confirm your stay. It will have the price breakdown (number of nights, price per night, cleaning fee, security deposit). You'll actually have to click a button to officially confirm. You pay when the host confirms your stay, and then Airbnb gives the payment to the host when you check in.

6. Time to travel! You’ll get more details about how to get into the place you’re staying before you leave. I’ve used key codes, keys hidden in Yale coffee mugs, and keys under the rug. No big deal.

7. Stay, enjoy, and follow instructions for how to leave the house. You don’t have to do any laundry, but some hosts ask dishes to be in the dishwasher, beds to be stripped, or heat turned down.

8. After your stay is done, you get to review the space and they owner gets to review you as a guest.

9. Start dreaming of your next vacation.

  Book a tropical getaway  to Guatemala. BTW, this place is $40 a night.

Airbnb etiquette

Breakfast: sometimes provided, sometimes not (don't count on it if you’re renting an entire place). It should say on the listing page.

Cleaning: some hosts ask for beds to be stripped, dishes in dishwasher, or heat turned down. You do pay a cleaning fee, so no heavy-duty stuff is required, but I also do tend to take better care of Airbnb places than hotels.

Food in kitchen: When in doubt, probably just don’t eat it. However, cooking supplies/spices and coffee are usually fair game.

  Book a lookout  in Oregon.

Additional notes

Two thumbs up for traveling on Airbnb. The whole experience, from browsing to booking, lets you dream and get excited about your vacation. It’s so much more captivating and connecting that just renting a hotel room. Sure, sometimes a predictable Hyatt is just right for a vacation. For the other times, give Airbnb a shot.

 

*Thanks to the folks at Priceonomics - they did way more number crunching than I wanted to and have a fun interactive map.

The Sharing Economy: What I Learned After Hosting on Airbnb

This is Part 1 of a sharing series. I’m a big fan of the sharing economy, because it’s clever, cost-effective, and follows the life mantra of “what makes a better story.” It’s not for everyone, but if you’re intrigued, check out my posts and give it a whirl (Airbnb as a guest, Rover.com, and Uber reviews coming soon). 

  Look it's my house! Just kidding...just a genius Airbnb marketing campaign to bring in hosts. But yes, someone actually got to stay there.

 

The sharing economy isn't breaking news, but I think it is sneaking into the mainstream, and millennials are definitely leading the way. Some people are avid users and some are just getting their feet wet. Whatever side you’re on, I hope you find some useful information from our experiments in sharing.

Sharing experiment #1: Airbnb Hosting

What we did: rented our house out while we were on vacation.

Why: this was our first vacation with Lola the dog, and I wanted to soften the blow of the cost of dog boarding for a full week (which, in case you were wondering was roughly $200. Yowch. #TrueCostofLolatheDog keeps adding up...she's just so cute).

How: we signed up as hosts on the popular service Airbnb.

 Yep, you can actually stay  here . Isn't sharing fun?

My anecdotal conclusions:

Legwork involved:

  • Signed up as hosts on Airbnb
  • Filled out the stats and description of the space
  • Scheduled a photographer to take pics (Airbnb provides this really cool service for free)
  • Installed lock on closet for valuables
  • Ordered a key holder for the outside of door
  • Bought extra towels/sheets to be an “Airbnb set”
  • Put together a welcome packet with instructions
  • Cleaned a lot
  • Back-and-forth communication with guests

Total time: roughly 10 hours in total

Note: Airbnb gives the option to either rent a room of your house (so you would still be there) or rent your whole house (so you wouldn't be there). We chose the whole house because our house is small and we figured the hands-off approach would be our preference.

Pros of Airbnb hosting

Extra cash in mah pockets. Airbnb only takes a 3% cut from your nightly rate, so if your house rents for $100 a night, well, you can do the math for a multi-night stay. Some lovely retired folks are hosts on Airbnb for the adventure of meeting new people, but I’ll be honest: that’s not me. The best part of making extra money was that we rented our house while we were on vacation, the extra cash flow made the vacation even sweeter (we even had money left over after boarding Lola).

 This one's for rent too! Going to  Georgia  anytime soon?

Cons of Airbnb hosting

 Hosting is a bit involved the first time with setup. Now that we have the outside lock, the welcome manual, and the posting up, it’s not so bad. Just keep in mind that every time you rent out your house, be prepared for a little hassle: washing dishes before you leave for your own vacation, washing sheets and towels when you come back, that sort of thing. Keep in mind that hosting doesn't mean you just sit back, relax, and earn money: it’s still work.

You know how some people are huggers and some people aren’t? Hosting is kind of like that. I’m a hugger.

Another con that will really vary from person to person is how much it bothers you to share your stuff. Some people will get the heebly jeeblies (which is totally fine) about strangers coming into personal space and others just don’t really care. You know how some people are huggers and some people aren’t? Hosting is kind of like that. I’m a hugger.

Additional notes: we had really wonderful first guests. They left the place super clean, were very responsive, and we had no issues whatsoever. Airbnb tries quite hard to make it a good experience for hosts (up to $1 million in insurance coverage if property is damaged or someone tries to sue you). Of course, there are bad apple guests and you have to ask yourself if the money is worth it. For some, it isn't.

We are planning on renting out our house again, but I also think a bad experience would make me stop doing it.

Overall: hosting is a good way to make money, definitely not for everyone.

Want to be a host? Click me! Full disclosure: that's totally my referral link and I totally make money off of you signing up. But then again, so do you. #twinnerwinner

 Dreams come true right  here .