5 Airbnb Management Company Success Stories [2022]

5 Airbnb Management Company Success Stories [2022]
Start An Airbnb Management Company

An Airbnb management company manages every aspect on behalf of an owner and manages a complete day-to-day running of a rental property.

The services offered by the Airbnb management company include: marketing a property, optimizing financing, meeting and greeting guests, repairs, maintenance, and cleaning.

An Airbnb management company fee structure is generally based on commission, flat rate, and guaranteed income.

Airbnb management companies can easily increase the Rental Income by a minimum of 30% to 50% without compromising guest experiences.

To become an Airbnb property manager, one should be able to find homeowners who will be interested in the services offered by you. Airbnb property managers can make an average annual salary of $55,000 or $27 per hour.

Here are some real life success stories of starting a airbnb management company:

1. Host Butlers ($420K/year)

Gary Fox (from Dublin, Ireland) started Host Butlers about 7 years ago.

Revenue
$35K / month
Team
1 founders / 4 employees
Location
Dublin, Ireland

Case Study

My name is Gary Fox, and I run HostButlers, an Airbnb concierge service in Dublin, Ireland.

Since we started nearly four years ago, we have hosted over 200,000 people and have been profitable from month 5.

how-i-bootstrapped-an-airbnb-management-service-to-35k-month

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

Lara Hawketts (from Washington D.C., Washington, D.C., USA) started Home Sweet City almost 14 years ago.

Revenue
$270K / month
Team
2 founders / 6 employees

Case Study

Hi, I’m Lara! I’m the owner and co-founder of Home Sweet City. We’re based in Washington, D.C. and we help busy homeowners make extra money by renting their homes on platforms like Airbnb.

how-we-started-a-270k-month-business-managing-vacation-rentals

3.

Login • Instagram ($16K/year)

Revenue
$1.33K / month

Case Study

4. Our Rich Journey | Sharing Ways to Achieve Financial Independence & Retire Early (FIRE) ($102K/year)

Revenue
$8.5K / month

Case Study

Something went wrong...
Pat Walls,  Founder of Starter Story
Want to find more ideas that make money?

Hey! 👋 I'm Pat Walls, the founder of Starter Story.

Get our 5-minute email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.