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November 17, 2022

Airbnb aims to convince more people to rent out their homes

  • The company is rolling out a simpler sign-up process for owners, expecting leisure travel to keep growing.
  • By DAVID KOENIG
    AP Business Writer

    Convinced that the boom in leisure travel is permanent, Airbnb aims to expand its listings by convincing more people to turn their homes into short-term rentals.

    The company said Wednesday that it will increase the amount of liability coverage for hosts, up to $3 million, in a play for owners of nicer houses in high-cost places such as California. It will also pair newbies with a “superhost” to guide them through the process of becoming a short-term landlord, from signing up through welcoming their first guest.


     
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