Airbnb Host

2 Airbnb Host Success Stories [2024]

Pat Walls

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Updated: October 6th, 2024

If you are interested in becoming an Airbnb host, the first step is to create a listing for your property or a portion of it on the Airbnb platform.

This will allow travelers from all over the world to rent your space and enjoy a personalized and unique accommodation experience.

By creating a welcoming atmosphere and providing excellent service to your guests, you can enhance your profile and attract even more visitors to your property.

With the potential to earn a steady stream of passive income, becoming an Airbnb host can be an excellent way to monetize your property.

In this list, you'll find real-world Airbnb host success stories and very profitable examples of starting a Airbnb host that makes money.

1. Home Sweet City ($3.24M/year)

Lara and her husband started Home Sweet City during the 08/09 crash when they needed to generate income. Starting with their own basement on Airbnb, they quickly realized the potential and scaled the business to now managing 75 properties and generating a $2.7M+ annual turnover. They have been able to create a profitable and flexible business while being present for their young family.

How much money it makes: $3.24M/year
How much did it cost to start: $2K
How many people on the team: 6

How We Started A $270K/Month Business Managing Vacation Rentals

A D.C. based full-service short-term home rental management company that began out of a small studio earning $2.4k-$3k per month has now grown to managing 75 properties, generating a $2.7M+ annual turnover, with plans to roll out a digital product, proving that testing an idea in the cheapest and fastest way possible can lead to success.

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2. Host Butlers ($420K/year)

Gary Fox, founder of HostButlers, came up with the idea for his business while staying in various Airbnb rentals during a trip to Washington. After experiencing mixed hosting experiences and realizing the time-consuming nature of hosting, he saw the opportunity to create a professional property concierge service for Airbnb hosts. He validated the idea through a SurveyMonkey form and launched the business with a basic website, targeting potential hosts during a tech event in Dublin. One article in The Irish Times changed the future of his business, resulting in a flood of inquiries and customers.

How much money it makes: $420K/year
How many people on the team: 4

How I Bootstrapped An Airbnb Management Service To $35K/Month

HostButlers is Ireland's first professional property concierge service for short-term rentals on Airbnb, boasting over 200,000 hosted guests and profitability from month 5.

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