Airbnb Select Will Offer 'Home Improvement' Loans to Hosts
Ellen Smith — October 19, 2017 — World
In an effort to enhance its consumer convenience offerings, Airbnb Select will be rolling out as the newest service offered from the lodging company.
The new service will offer loans and advice to hosts, to ensure home accommodations are as comfortable as possible. The 'Home Improvement' loans are currently being trialed, offering money to hosts with accommodations that the company believes would appeal to travelers seeking a high-end experience. In addition to cosmetic alterations, the company will aid in the photography aspect, ensuring the home is as marketable and appealing as possible.
The company aims to attain repayment through the revenue made with the influx of bookings. Airbnb Select demonstrates the company's dedication to customer satisfaction, as it attempts to appeal to a higher-end clientele.
The new service will offer loans and advice to hosts, to ensure home accommodations are as comfortable as possible. The 'Home Improvement' loans are currently being trialed, offering money to hosts with accommodations that the company believes would appeal to travelers seeking a high-end experience. In addition to cosmetic alterations, the company will aid in the photography aspect, ensuring the home is as marketable and appealing as possible.
The company aims to attain repayment through the revenue made with the influx of bookings. Airbnb Select demonstrates the company's dedication to customer satisfaction, as it attempts to appeal to a higher-end clientele.
Trend Themes
1. Enhanced Home Accommodations - Opportunity to offer loans and advice to hosts for home improvements, targeting high-end travelers.
2. Convenience Service Innovation - Opportunity to provide loans and guidance to hosts to enhance the marketability and appeal of their accommodations.
3. Customer Satisfaction Focus - Opportunity to attract higher-end clientele by offering a service that ensures comfortable and appealing home accommodations.
Industry Implications
1. Travel Accommodation - Opportunity for travel accommodation platforms to provide loan services and advice to hosts for home improvements.
2. Home Improvement and Design - Opportunity for home improvement and design industries to collaborate with travel accommodation platforms and offer services to hosts to enhance their accommodations.
3. Photography and Marketing - Opportunity for photography and marketing professionals to partner with travel accommodation platforms and help hosts showcase their accommodations in a more appealing way.
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