Airbnb headlines offer serious bank this week: From using your Airbnb income to refinance an existing mortgage to the company’s prosperous internal hedge fund to Airbnb’s investment in Japanese minpaku, the news is all about the cash money.
Jasper is joined by Hostfully’s VP of Strategic Partnerships, Nicole Prentice Williams, to discuss who is rolling in the dough courtesy of Airbnb. First up are hosts looking to refinance a mortgage; they can now negotiate better terms based on proof of income statements provided by Airbnb. The second group benefitting from Airbnb is … Airbnb themselves. An internal hedge fund established by former CFO Laurence Tosi rakes in $5M per month for the platform. (Tell me again why he was let go?)
Nicole and Jasper also cover the Experience hosts who will have the opportunity to earn additional Airbnb income as the program expands to a remarkable 25K excursions by the end of the year as well as the aspiring Airbnb hosts in Japan who have been offered full-service packages to get started.
Listen in for the scoop on the $25M recently invested in Outdoorsy, the Airbnb of recreational vehicles, and learn how you can leverage the sharing economy to earn money renting an RV!
This episode is sponsored by Payfully. Payfully allows Airbnb hosts to get paid within 24 hours after a booking is received. Use code GPFYP to get the first advance for free!