However, the truth is that these days, the AirBNB business is slowing down. To be eligible for rebooking assistance or a refund, the guest who made the reservation may submit a claim by contacting us. 00:23:34 - To avoid being scammed on Airbnb, consider implementing the following precautions: Communicate through Airbnb platform: Always communicate w… Beware: These are The 10 biggest scams on AirBNB - The Dr. Airbnb hosts make, on average, about $924 a month, according to research from low-interest lender Earnest. The sequential acceleration reflects continued. He will give you some insightful ideas on how to start and. If you want some alternatives, you can check my top real estate wholesaling courses in 2023. The Iceberg Effect Review - Legit Dean Holland Affiliate Marketing? hitting some bumps in the road, we secured our first $4,500 in profit only 4 weeks in and scaled our empire to $300,000+ in under 12 months! Our “Stayly Academy” is your step-by-step program to get started with Airbnb and achieve your first 5 or 6 figures online - without owning any property, having experience and starting with. Take two Airbnb properties in the Los Angeles area for example. They can manage your listing, including pricing and other details, and they can manage reservations, including accepting and declining trip requests, cancellations. If the suggestion is a link, the browser will navigate to that page. Inayah McMillan Review - SCAM or Legit AirBNB Guru? you should follow Michael. There are not enough reviews of AirStar Airbnb Clone Software for G2 to provide buying insight. reviews_per_month. We consult and coach you through your first unit until your property is. (NASDAQ:ABNB) announced its earnings results on Thursday, August, 3rd. SAP Fiori. Product Price: $3K+ (Presumably) Overall Score: 60/100. I was wondering if any of you have suggestions for an Airbnb rental arbitrage course? I am also interested in coaching/mentors in this field as well. With years of experience and dedication to providing exceptional hospitality, our team is. Other corporations, including Disney and Netflix, have issued statements of. Fortunately, we have a secret weapon. With their expert guidance and practical advice, you’ll be learning from the best in the business, ensuring that your Airbnb venture has the strongest possible foundations for success. Airbnb Breakdown Academy Review – SCAM or Legit Course? no further! BNB Success Academy is a training program that can be a game-changer for anyone looking to harness the power of Airbnb and achieve their. milldrive • 5 min. The average cost to start an Airbnb business is $6,000. The Airbnb Entrepreneurship Academy has grown to support over 40 local community partners with 2023 representing the largest partner cohort yet. If you're using professional hosting tools, go to Performance > Quality. Use the up and down arrows to review. Airbnb generally receives mixed reviews for its platforms. Please keep conversation civil and respectful Remember to keep all communication with host/guest through Airbnb platform. 1. Welcome to my unbiased BNB Investor academy review! Ahoy, real estate adventurers! Meet Michael Elefante, the Airbnb captain who turned his ship towards a treasure island of $100k per month. 38 billion in revenue in 2020. The Airbnb pitch deck makes the reader or audience aware of three massive problems among travelers. From over 2,440 house rentals, over 260 condo rentals to over 3,460 apartment rentals, we've got you covered. Those Airbnb hosts with short-term rental properties that had 0 reviews earned an average of $2,741 in. Here’s a breakdown of VRBO vs Airbnb fees –. Both year-over-two-year and year-over-year revenue growth rates were further improvements from those achieved in Q3 2021 of 36% and 67%, respectively, despite the impact of Omicron. 3) Location isn’t a problem either. Vote. Posted 10 months ago. 104 billion. Reviewers liked the fact. The Airbnb BreakdownHow would you spend your days if you were earning income passively? Learn how I've made an average of $5,000 per month from my first Airbnb at 19 years old! Imagine having three Airbnb's: that averages to $180,000 in one year. He has 2 Airbnb accounts: 1 for Texas with about 90 listings and 1 for Midwest listings like Iowa and Michigan with about 70 listings. I just purchased the Airbnb pro academy and I'm super stoked to get started! I'm currently between jobs but I'm located in Los Angeles and excited to get my first property. Airbnb Breakdown Academy is an online rental arbitrage video course by Bryson Blocker and Inayah McMillan. Work with an Awning agent to buy the best Airbnb or long term rental. After experiencing two major setbacks, job loss and my home flooding in the same year, I needed to figure out a way to earn income and a way to pay for additional expenses. It is worth remembering that Airbnb is present in more than 190 countries, with more than 650,000 hosts and around 30 million reservations per year. Heading 2 Example. Can You Still Make Money with Airbnb in 2023? You can still make money with Airbnb 2023 if you have the capital to purchase or repair a property, and the patience to wait some time before you make a. Airbnb charges guest service fees typically under 14. Programme features an immersive training curriculum focused on what it takes to succeed on the Airbnb platform. 3. Our global Community Support team is at the ready 24/7 in 11 different languages. Android app. Since 2017 more than 300 tourism entrepreneurs have participated in. Of course, that income can vary dramatically depending on where you're based, how. Suggestions will show after typing in the search input. Instructor and Airbnb Expert. She said getting an LLC. If you want to learn how I went from working 60 hours a week as a car mechanic to total. If you’re determined to build generational wealth, step away from your 9-5 job, and earn substantial income passively through Airbnb then join us to learn the exact steps we implemented to establish our own Airbnb business at the age of 19! How I make $52K per month. Item added to your cart. Coaches and students can communicate, connect, share, and learn here!And don’t forget to include your most important rules in your. The BNB Profits course by social media celebrity Blake Rocha offers a shortcut to learning and scaling the Airbnb arbitrage business model. Ultimately, the time it takes to master Airbnb business varies from person to person, and depends on a range of factors. Following the call, a replay of the webcast will be available on the Airbnb Investor Relations website. 3b. In 2022, McMillan has made over $375,000 in revenue and doesn't own a single property. Check out. › airbnb breakdown academy › airbnb course for beginners › free airbnb hosting course › airbnb property management course › airbnbae academy reviews › airbnb entrepreneurship academy › airbnb training video. Welcome to my unbiased AirBNB Breakdown Academy review! In the world of real estate, owning property was once the key to success. Positive reviews from satisfied guests can boost your reputation and attract more bookings, creating a cycle of success. Date of experience: 30 August 2023. This ensures a record of your conversation and helps Airbnb assist you in case of any issues. No comments: Post a Comment. Q1 2022 net cash provided by operating activities was $1. by themillionairedrive. ; Listings in North America accounted for 52. View free report by HypeAuditor. Read about their experiences and share your own! She is very patient and polite. You can check out more in depth Airbnb courses like Derek Cheung's Airbnb Empire Academy. , 86 F. In South Africa we focus on overcoming barriers to hosting often experienced in township and rural communities. Coaches and students can communicate, connect, share, and learn here!Good things about the 10XBNB program. (4:31 min. Long Term: This policy is what applies to stays of 28 nights or more. Ideal for Airbnb hosts, investors, and vacation rental managers. Cl A balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Is it worth it and have any of you used it? It would be great for some honest objective input. Fifteen years following its launch in 2008 and after weathering a pandemic, Airbnb's growth has been driven by three things, Catherine Powell, Airbnb's global head of hosting, told TPG during a phone interview: a pent-up desire to travel and connect, people turning to hosting as a new source of income, and the tech company's continued. coop lives and breathes by: people over profit. 2) You don’t need any previous experience or skills. Go to Profile > Reviews. Use the up and down arrows to review. Short term rentals are not difficult nor complicated. The dishwasher smells of vomit and there’s so much food in the bottom. While the company’s revenue in Q1 2021 amounted to $886. Welcome to Airbnb. Through this ongoing partnership, Airbnb helps to support a growing community of Kenyan hosts. Michael is a devoted content creator on TikTok, Instagram, and YouTube, as well as one of the best Airbnb influencers to follow on LinkedIn. It teaches you how to use the Airbnb system by learning how to research properties, and. There was a problem loading course recommendations. This is why Airbnb is continuing its. ”. Gift cards. 2) You don’t need any previous experience or skills. The room is 6% of her home space. Welcome to Airbnb. Finally, both host and traveler can rate the experience and write reviews about it. Airbnb Occupancy Rate x Average Daily Rate x 365 = Your Airbnb RevenueAirbnb is also introducing a new "total price display," which will give users a total price breakdown that includes pre-tax fees across listing pages and search results. 3 million, and said goodbye to her 9-to-5. With years of experience and dedication to providing exceptional hospitality, our team is committed to helping hosts, property owners, and service providers elevate their offerings and create unforgettable experiences for their guests. Today, 01/31/2017, as I visited that section again, I don't see a way of seeing all the 6 categories anymore. Benefits of Having a Good Airbnb Review. New Private Modern Carriage House. Usually £5000 Only 265£ x 3 month! Now! FINANCING OFFER : Pay in 3 month with KlarnaONLY 265£ ! 14 Day Money Back GuaranteePosted 4 years ago. Bryson Blocker’s Airbnb Breakdown Academy - A fairly new rental arbitrage course that is very comprehensive in its instructions. The Airbnb Entrepreneurship Academy is a global program that empowers emerging entrepreneurs to turn their passion for hospitality into hosting opportunities on Airbnb. 8 out of 5 on the Apple App Store and 4. Minimum startup cost for an Airbnb Business = $3,900. Starting a new venture can often be confusing and intimidating. Payments should be made only via Airbnb unless otherwise detailed in the listing description and included in the price breakdown prior to booking. Airbnb your home. Be sure to take advantage of these resources, such as the Airbnb Host Academy and the Airbnb Community Center. Airbnb Breakdown Academy Review (Scam or Legit?) themillionairedriveblog. Airbnb Breakdown Academy Review (Scam or Legit?) themillionairedriveblog. Not too shabby, if it weren’t for that pesky multimillion-dollar loan looming over your head. Whether you're a homeowner looking to optimize your property's potential, a renter seeking ways to generate extra income, or someone interested in starting a new Airbnb hosting business, Airbnb Academy has tailored courses to meet your specific needs. With VRBO, guests can expect to pay a much lower service fee between 6% and 12%. As a Host, you can find out how often you get 5 stars and how you compare to others, along with insights to boost your efforts: While in Hosting mode, go to Performance > Reviews. In your list of past reservations, click on “Details” on right hand side. Jonnell is a highly sought after short-term rental host for her unique yet industry changing techniques in the Airbnb educational market. Q4 revenue of $1. The ATO may ask to see them, particularly if they query an expense. You can also message us via this link. Disclose all you Airbnb income in your tax return and make sure you claim all the deductions you are entitled to. By fostering cultural. The instructional program was poorly organized and included videos borrowed from other programs. Customer service was moved out of the USA and into another country. I have zero experience but I've been lookin into Airbnb for awhile now and finally pulled trigger. This private group allows our STR Launch coaches and students to communicate, connect, share, and learn as a way to guide students through their. So let’s say you generated $1,000 in rental income over last month, and the Airbnb management fee is equivalent to 15%. We came up with this average startup cost by reviewing these three sources ( SixFiguresUnder, PassiveAirbnb, BiggerPockets ), the following startup costs can be expected. After that 48 hour window, the guest forfeits the first 30 days' rate of their stay as well as the service fee. Global Brand: “Airbnb” has evolved into a noun or verb when one wants to book an experience or travel. Take your first step in generating passive income and change your life! 💰 First 50 discount code: 100kyr Zero To Host Challenge Review – Scam or Legit Program? Join a community +1000 of Airbnb Host. the airbnb breakdown academy. However, Airbnb has made significant strides in improving their services since and currently holds a "B" rating. Anyone have experience with the airbnb breakdown academy?? They offer a course for around $1400 and its on sale till tomorrow for $750. For instance, on a $100 booking per night set by. The Airbnb Breakdown. The Chancellor of the Exchequer presented his Autumn Statement to Parliament on Wednesday 22 November 2023. Yes, hosts have the option of charging a cleaning fee. airbnb prioritizes guests over hosts (by a large margin too) agents are trained to "resolve" issues without offering positive solutions; their actual goal is to end the situation without having to actually do anything. Host protection insurance can cover up to $1,000,000USD depending on the situation, damage, and case. To help Airbnb run smoothly and to cover the cost of services like 24/7 customer support, we charge a service fee when a booking is confirmed. 40B USD, the most of which — 8. Abstract. Hi Monica, just wanted to introduce myself. Airbnb's ‘breakdown’: Good idea, big market aren't enough for long-term success. Airbnb Reviews. 2 billion was an all-time high, up from $611 million in Q1 2021. Derek is reported to make over $5M a year with his Airbnb, VRBO, and coaching businesses. Booking with Vrbo, guests are charged a 6% to 15% service fee of the subtotal (minus taxes). ENDS SOON!How to set up your Airbnb business in 7 days or less; The “Use Other People’s Money Strategy”, so you can launch your 5-6 figure Airbnb business even if you’ve got little to no money to your name Our Proven Landlord Script, so you know exactly what to say to landlords, ensuring you’re getting a flood of “yes” responses from day zeroQ4 2021 and full-year 2021 Financial Results. Airbnb, Inc. This means having every insight you need, all in one place, always up-to-date. Beyond Bnb Secrets Review (2023) | Can You Achieve Financial Freedom With Dr. From selecting the perfect property to crafting an irresistible listing, this course is your one-way ticket to Airbnb superstardom. Be honest: If the guest did something wrong, don’t sugarcoat it. He talks about some of the lessons he’s learned while growing his Airbnb business to $200,000 per month without owning any property. Step 2. “ Build the best product cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis. Product Type: AirBNB Short-Term Rentals Course. Log in or sign up. Jane has x3 different prices for her Airbnb apartment. Be honest: If the guest did something wrong, don’t sugarcoat it. Onwards and upwards to retiring early. Opens in a new window. It teaches you how to use the Airbnb system by learning how to research properties, and automation tools like PriceLabs, and Nest Doorbells that make your business run itself. Short-Term Rental Profit Academy Review: Overview. Income Tax Calculator: Estimate Your Taxes. Click on the Pricing tab located at the top of the page and then next to where it says Cleaning Fee, click on Edit. Usually £5000 Only 265£ x 3 month! Now! FINANCING OFFER : Pay in 3 month with KlarnaONLY 265£ ! 14 Day Money Back GuaranteeAirbnb Algorithm Search Tip #6 – Make Sure your Listing is Complete. Coaches and students can communicate, connect, share, and learn here!Coaches and students can communicate, connect, share, and learn here!Download your free Airbnb business plan template. Summary: BNB Success Academy was created for. Table 2. Service fees are set by Airbnb. We would like to show you a description here but the site won’t allow us. More significantly, year-over-two-year revenue growth more than tripled from 10% in Q2 2021 to 36% in Q3 2021. 42 billion. Step 3. This type of predictability is very valuable in business. Click Reviews about you. 1m;. Our goal is to exceed your expectations and deliver an exceptional experience. Lost your password? Please enter your username or email address. At Airbnb we have a fun practice of renting out Airbnb listings near the office and working from them for a few days. SPECIAL OFFER - The Stayly Academy. Join a community +1000 of Airbnb Host. Non-recurring revenue is made up of one-off payments that may or may not happen again. Join a global community of travelers and local hosts on Airbnb. Skip to content. 25 x 9 inches. The back and forth with Airbnb has been awful. Dimensions : 7 x 0. Pre Covid we had monthly meeting in my city that helped. At the end of the year, Airbnb will send you an IRS Form 1042-S showing the amount of withholding tax credits on your payouts. 2 billion, up from $618 million in Q1 2021 2. Though this is a nice founding anecdote, the two friends had been looking for a good startup idea. LRaqhero • 2 yr. We’ll call or text you to. But it represents a major shift that many companies have not taken (yet). Log in Cart. About Us Read More » Remember to keep all communication with host/guest through Airbnb platform. Below are some alternatives with more reviews: 1. To add a cleaning fee to your property listing: 1. Recommended: Not For Everyone. If you're a beginner who wants to understand how the industry works and how you can get started, this may be worth looking into. Thank you Bryson & Inayah for all the help and guidance" - Nihal who secured a $50,000/year Airbnb. The program has now changed names twice since we registered (AirBNB Breakdown Academy, STRLaunch, Stayly) and they continue sending us emails that ask us book appointments and to sign contracts committing to us coaching programs that we never requested. Yes, you are paying good money to stay at their home. In 2021, Airbnb hosted 356. Country / Region. We’ll help you understand how the right technology can help you achieve. 40B USD — came from its highest performing source at the moment, Platform for Unique Stays and Experiences, the year earlier bringing 5. Bryson and Inayah focus on using the Airbnb system effectively. About; Blog; My #1 Biz. For many Airbnb and Vrbo property owners, equipment breakdown coverage is an afterthought, but a word you don’t want to hear when filing an insurance claim is mechanical or ‘equipment breakdown,’ and that’s because it’s a standard exclusion in virtually all home insurance. Overall, Airbnb’s US staff is 66 percent white, 20 percent Asian, 6 percent Hispanic, and 3 percent black. Guests typically pay a service fee of around 14% of the booking. Inayah quickly learned from her first success and expanded to over 11 Airbnbs in just a year. The instructional program was poorly organized and included videos borrowed from other programs. Starts at 15% of revenue. With more than 87 successful properties under. I never took a course, I’m active in local Airbnb host groups through fb, here as well. Learn how to run every aspect of Airbnb with our easy to follow guides. Published December 11, 2020. Airbnb Inc. Here is a snapshot of our Q3 2022 results: Q3 revenue of $2. The Airbnb BreakdownHow would you spend your days if you were earning income passively? Learn how I've made an. / Above and Beyond, Best Airbnb Tools & Apps, Product Reviews, Property Management, Sponsored Post, Superhost and Beyond. 3 billion in the first quarter of 2021. They help us run smoothly and cover the costs of the products and services we provide, like 24/7 customer support. This program is designed to teach you the art of rental arbitrage – a business model where you rent a property and then sublet it to short-term guests on platforms like Airbnb, FlipKey, Furnished Finder, and Vrbo. Get started with the best Airbnb Arbitrage E-Book. If you're interested in a fuller review/recommendation I wrote about Robuit's Host Camp program, see my previous comment on this thread. 7 provides a summary of investments during the 2017 to 2019 period. So we end up with 82% of all Airbnb properties having at least a 4. ISBN-13 : 978-1413328202. If the suggestion is a link, the browser will navigate to that page. Alternatively, if you provide an IRS Form W-8BEN, Airbnb will withhold 30% on your payouts from US listings and remit the tax to the IRS. Airbnb Privately held company Business Business, Economics, and Finance. Country / Region. com. 44% - engagement Rate, and 1. Airbnb Breakdown Academy - The Airbnb Breakdown Academy is a rental arbitrage course created by Bryson Blocker and Inayah. Airbnb listings with 51-100 reviews on average earned $21,569 in the US in 2021, while listings with more than 100 reviews on average earned even more: $23,862. A key element to Airbnb hosting is knowing how to properly manage properties from cleaning between bookings and screening potential guests to having a fully automated. Email This BlogThis! Share to Twitter Share to Facebook Share to Pinterest. Payments should be made only via Airbnb unless otherwise detailed in the listing description and included in the price breakdown prior to booking. Add a Comment. A brief history of Airbnb. Step 2: Once installed, connect your Airbnb account by entering your Airbnb Username and Password. It also features automation tools like PriceLabs and Nest Doorbells to help you achieve $100,000 in under 12 months. I just purchased the Airbnb pro academy and I'm super stoked to get started! I'm currently between jobs but I'm located in Los Angeles and excited to get my first property. One-time payment of $1000 to Financial Literacy Academy. Over 34,000 views on the matter of logging in and and in my case for the record September 13 2021 8 days later still waiting on Airbnb robot and it’s “ambassadors to helps me log into my account . . 99 (217) Superhost. I’m a 6 year superhost and I think it. Once we’ve gone through them, we’ll give you a full Airbnb house rules template that you can copy and paste. Airbnb Inc. 3% since the start of the year. June 13, 2023 by Ippei Kanehara 1 Comments How I make $52K per month BNB University is a 3-tiered Airbnb arbitrage course created by Chi Ta. Her creativity and love for interior design allowed her to excel in this field, transforming spaces and making them come alive. Sweet, you’re earning $15,000 a month, recurring. The program has now changed names twice since we registered (AirBNB Breakdown Academy, STRLaunch. 17-09-2016 10:14 AM. And go from $50,000 in a year to almost $400,000 in a year,” she continues. It’s intended to cover property damage or injuries for the guests. The largest and best-documented potential benefit of. If you charge $150/night and achieve a 70% occupancy rate, you will make around $150*0. Good things about the 10XBNB program. Derek Cheung's Airbnb Empire. 20-year-old Inayah McMillan of the Airbnb Breakdown Academy has made headlines for achieving success as an Airbnb host despite her young age. Our Short-Term Rental Profit Academy review breaks down the STRPA program, so you can see firsthand if it’s a fit for you, and if it is, you’ll find a special offer. There is monthly membership available or those who want mentorship. any()) host_id False neighbourhood_group False neighbourhood False latitude False longitude False room_type False price False. A telephonic replay will be also available for three weeks following the call at (866) 813-9403 or (226) 828-7578 using conference ID: 110169. Find Airbnb Scraper on Apify Store. Finally, the number of reviews you have is also crucial. Through the Entrepreneurship Academy, Airbnb has helped. Click on “View Details” in middle of screen. We believe that a fair review system is one that respects and protects our community’s genuine. Kenya. Airbnb your home. Since 2008, Airbnb has expanded to more than 191 countries and. Want to learn how I went from being a car mechanic to building a 7 figure business online?The Airbnb Entrepreneurship Academy is a global program that empowers emerging entrepreneurs to turn their passion for hospitality into hosting opportunities on Airbnb. 33 posts. by Ippei Kanehara. Use Airbnb’s tools and resources. Airbnb Accelerator promises to equip students with the knowledge and tools necessary to create a thriving Airbnb arbitrage business. Price: $4,995 1st payment and $100 every month succeeding. Jane gets fully booked for high-season months in. Furthermore, hotels lack unique experiences and travelers don’t have a way to book rooms with locals rather than hotels. A peaceful getaway retreat equipped with a living room, a king bed, a loft with a queen bed, a full kitchen, & a full bathroom. BBB File Opened: 4/27/2011. A lot of hosts make the mistake of pricing too low, or worse, using Airbnb Smart Pricing. isnull(). I am requesting a full refund due. Inayah McMillan is a 20-year-old Airbnb host with 11 listings in St. Share what you know. Guests can cancel up to 48 hours after booking for free, as long as that window is more than 28 days before check-in. revenue for the last year amounted to 8. There are 2 different fee structures for stays: a split-fee and a Host-only fee. This document sets out the estimated. Use enter to select. October 26, 2023. Apartments with a kitchen and houses with WiFi await you on Airbnb. Also, an entire home can bring in $14,498/year, while a single room will earn only $5,260/year. Managing Airbnb reviews for multiple properties is time-consuming! Airbnb hosts have to manually respond to every single guest review, and this isn’t a great way to optimize your time. For more ways to amp up your place: Create stays that get great reviews. Sign up. Table of Contents. Pre Covid we had monthly meeting in my city that helped. 8 star average guest rating. At the end I bet they try to upsell you into their Airbnb Breakdown Academy course for another $1,497. The Airbnb Breakdown Entrepreneur Your go to. Help Center. They set up a business, leased 10 more properties, and now, with 11 total Airbnb listings, they’re making as much as $60,000 a month. What incompetence !! . The apartment faces the river and you will love the view. If you're interested in a fuller review/recommendation I wrote about Robuit's Host Camp program, see my previous comment on this thread. BNB Academy Review – Conclusion: This is a great program because it covers all aspects of Airbnb hosting, including listing creation, marketing, pricing strategies, and guest communication. Despite a global presence and attractive numbers, the business of Airbnb is yet to be profitable. Payments should be made only via Airbnb unless otherwise detailed in the listing description and included in the price breakdown prior to booking. At Airbnb, one of our core values is Embrace. Full Cast Audio—compete with the big brands. However, advanced professionals who may be looking for more in-depth information may want to look elsewhere. 5 on Google Play. The year over year increase in free cash flow was driven by revenue growth and margin expansion, as well as seasonal bookings growth driving increased. Since 2019, in partnership with The Sustainable Travel and Tourism Agenda, the Academy has delivered 5 Academy bootcamps, supporting over 120 tourism entrepreneurs from rural, urban and coastal communities in Nairobi, Kilifi and Kisumu Counties. Britney Nguyen. For more alternative Airbnb courses, check out my article on the top Airbnb courses. ddgdl. I really appreciate it. Reviews are posted after the host and the guest have submitted their reviews or after the 14-day period has ended. 5% to $1. But what set off Airbnb's rise was its strong fourth-quarter results. 8 billion since 2008. It teaches a simplified method of studying rental arbitrage because the process is broken down in easy-to-understand language. 4. 16 more than black hosts, when controlling for other factors, such as the desirability. Vote. Get Started. The study observed that before the introduction of Smart Pricing, white hosts on Airbnb made on average $12.