The bustling cities and varied landscapes of Nigeria are increasingly drawing tourists and business travelers. This surge in visitors creates a prime opportunity for individuals to tap into the sharing economy through Airbnb.

An Airbnb business is a type of short-term rental business where property owners or hosts rent out their properties to travelers on the Airbnb platform.

Also, ‘Airbnb’ is an online marketplace that connects people who want to rent out their property with people who are looking for accommodations. Airbnb offers hosts a relatively easy way to earn some income from their property.

Starting an Airbnb business in Nigeria involves various costs, which can vary depending on factors such as location, property type, and the level of furnishing and amenities you plan to offer.

However, there are a few things to consider when starting an Airbnb business in Nigeria.

Location

“Choose a suitable property for your Airbnb business. Consider factors like location, size, amenities, and target audience. Apartments in central locations like Lagos or Abuja might attract business travelers, while houses in quieter resort towns or near cultural landmarks could suit tourists” says Calfort Realty, a real estate company.

Quality Furnishings And Decor

Create a welcoming and comfortable space that stands out from the competition by investing in quality furnishings and decor. Positive reviews from guests are crucial for building your reputation on the platform.