March 28, 2024

“Airbnb Hotels” – a Look Into the Future of Lodging

When the majority of people believe “Airbnb,” they believe of a short-term rental (STR) lodging plan where homeowners rent space in their homes to one or perhaps 2 celebrations simultaneously. Often catered to travelers, its believed to be a casual, mom-and-pop service.

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At least thats how Airbnb began.

Other noteworthy Airbnb hotel companies include Sonder and Blueground. Another perk is that these hotels are not expected to feel like hotels; they have common areas that foster a community feel.

An increasing number of companies have actually formalized a design that integrates Airbnb booking plans with the standard structure of an typical hotel– so-called “Airbnb hotels.” Airbnb itself is building a few of these hotels, while other business handle structures under this format, often using Airbnb to handle reservations. In doing so, they mix not just the Airbnb and hotel format, however short-term, medium-term, and long-lasting leasing into one structure. STRs already face harsh policies, and it stays to be seen whether this hybrid design will, too.

Airriva is an example in this category. It is a Columbus-based chain that buys hotel licenses for its residential or commercial properties, but rents rooms out on Airbnb, VRBO, and its own site. Airriva runs in Ohio, Kentucky, Michigan, Missouri, and Texas, and is preparing to go into Florida. I just recently visited the hotel they are opening in Cleveland, still under construction. Inside a historical warehouse, it will have a dining establishment, courtyard bar, and dozens of provided spaces that are larger than a standard hotel space.

Read remainder of the post at Catalyst

Airbnb itself is constructing some of these hotels, while other business manage structures under this format, typically utilizing Airbnb to handle bookings. In doing so, they blend not simply the Airbnb and hotel format, but short-term, medium-term, and long-term leasing into one building. Other noteworthy Airbnb hotel companies consist of Sonder and Blueground.