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The
move comes at a time when people are looking to earn additional
income as higher food, transportation and housing expenses
continue to squeeze household budgets, deepening the
cost-of-living crisis in the country.
"As the cost of living continues to rise, renters can use the
extra income earned by hosting part-time on Airbnb to contribute
to their rent, save for a home, or pay for other living
expenses," Airbnb co-founder Nathan Blecharzyck said.
The short-term rental firm has partnered with more than 175
buildings in 25+ cities across the United States, the company
said in a blogpost.
The latest service will feature buildings managed by Equity
Residential, Greystar Real Estate Partners LLC and 10 other
companies, the Wall Street Journal reported on Wednesday, citing
the company.
Airbnb did not immediately respond to a Reuters request for
comment on the tie-ups.
Landlords who partner with the new listing service will get a
share of the total booking revenue from Airbnb sublets - 20% in
most cases, the WSJ report added.
Renters have hosted on average nine nights per month and earned
on average $900, Airbnb said.
Earlier this month, the company said it had recorded a
"disproportionate" 31% rise in single-room listings on its
platform in the third quarter, as more people sought extra
income.
(Reporting by Aishwarya Nair in Bengaluru; Editing by Maju
Samuel)
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