Everything You Need To Start An Airbnb Business In Kenya

Airbnb Business In Kenya

One of the most lucrative businesses you can operate in Kenya today is the Airbnb business.

Over the past few years, the hospitality industry in Kenya has witnessed a significant revolution. Unlike in the past when people booked a motel or hotel room when they travel, today, they would just rather pay for an Airbnb.

In case you are wondering what an Airbnb business is, an Airbnb business is a type of business in which a person rents out their home to someone looking for accommodation in their area for a particular period.

You can make a steady income from the Airbnb business either by renting out your home for an agreed period or by connecting homeowners to people looking for accommodation.

However, if you want to know more about the Airbnb business in Kenya then you need to read this article where we have explained in detail everything about the business and how it works.

Is Airbnb A Good Business In Kenya?

The demand for affordable and comfortable accommodation is on the increase in Kenya, and this makes Airbnb a good business to start in Kenya.

So if you are interested in starting an Airbnb business, just know that it is a profitable business as long as you properly plan yourself.

What Are The Reasons To Start An Airbnb Business In Kenya?

Below are the reasons why you should start an Airbnb business in Kenya:

1. You can earn an additional income by listing your property or spare room on Airbnb for renting.

2. Kenya has a growing population of the middle class who enjoy traveling and looking for comfortable and affordable accommodation. However, this demand for short-term rentals from them presents an opportunity for you to make money.

3. You will have a flexible working hours.

4. You can still start an Airbnb business with little capital unlike other traditional businesses (That’s when you already have a property for rentals).

5. As an Airbnb host you have many opportunities for networking and building relationships with people of different backgrounds.

6. You also have the opportunity to invest in real estate as an Airbnb business is a beginning step.

What Are The Challenges One Can Face As An Airbnb Host In Kenya?

As an Airbnb host in Kenya, you are likely to face challenges like difficulty with payments, unreliable internet and power supply, and fluctuating demand. However, it is important to plan ahead of time and combat these challenges so that your guests will have an enjoyable and comfortable stay.

What Are The Needed Licenses For Airbnb In Kenya?

For you to operate an Airbnb business in Kenya you need to acquire a license, and for you to get this license you need to contact the Tourism Regulatory Authority (TRA) as they are in charge of getting a license for an Airbnb business. Therefore, if you meet up with the requirement you will be given a regulatory license.

How Much Does It Cost To Start An Airbnb In Kenya?

An Airbnb startup capital can’t be estimated due to some factors like property acquisition or rental, furnishing and decorating of the rental, etc. All these factors will determine the cost of starting an Airbnb business in Kenya.

If you already have a spare room or property for rent, then you can get started with just a little token, if not, your budget should be in the millions.

What Are The Steps On How To Start An Airbnb Business In Kenya?

The below steps are how to start an Airbnb business in Kenya:

1. Understand The Business: First, you have to study the Airbnb business model and understand clearly how it is been operated. You can take it as a case study just like real estate because the Airbnb business model is just like the real estate business.

So you have to take your time and do market research on how a real estate business works. Once you have this understanding, then congratulations, because you have mastered how the Airbnb business works.

2. Register Your Property: Before you list your property on Airbnb, you have to first ensure that you register your property with the appropriate authority, then proceed and acquire all the needed licenses and permits.

Also, ensure that every process you are following meets the safety and health requirements.

3. Determine The Type Of Property You Are Renting: At this stage, you have to determine the type of property you will be renting out, either a spare room, an entire house, or an apartment.

Additionally, in making a decision, the location and size of your property will determine your target market.

4. Make All The Preparation: Now that you have decided on the type of property you will be renting out, the next thing to do is to prepare the property by furnishing it with necessary facilities like electricity, internet, fridge, and a constant water supply.

Most importantly, ensure that your property is very clean and accommodating for your guests.

5. Signup On Airbnb And List Your Property: You need to register on Airbnb for free and list your properties. Also while listing your property, you need to provide detailed information about your property like location, the number of guests it can accommodate, and its prices.

Note: when you receive a booking, you will have to pay an Airbnb hosting fee of 3%.

6. Promote Your Business: After listing your property on Airbnb, the most important step to take now is promoting your business.

You have to first create a well-detailed listing of your property with high-quality photos and description, and then promote it online using paid advert, and also, do your targetting well to attract potential clients.

Conclusion

For you to make your Airbnb business in Kenya to be profitable, you need to host your guest well. And this involves giving them comfort and providing them with answers to address their concerns.

Finally, with good preparation and quality customer services your Airbnb business will thrive in Kenya.

Ambassador Victor Chidera
Ambassador Victor ChideraAmbassador Victor Chidera is a business consultant, writer and a blogger. He provides lots of professional and expert advice to small businesses, entrepreneurs and organizations. He has many years of experience in business, teaching field, and research work. And his aim is to provide business articles that matters to you both nationally and internationally.
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