airbnb arbitrage

is a service that lets property owners rent out their spaces or property to an Airbnb host or company and it’s been rented out to travelers and other tourists or individual depending on how luxurious they want it to be,Airbnb was started in 2008 by Brian Chesky and Joe Gebbia, two industrial designers that recently moved to San Francisco. Unable to afford the rent for their loft at the time, the pair decided to make up the money they needed by renting out their apartment to people who couldn’t find hotels to stay at while attending nearby trade shows. They set up air mattresses in the apartment’s living room for their guests to sleep on and cooked homemade breakfast in the morning. Since then, Airbnb has become one of the trailblazers of peer-to-peer property rental.