Airbnb reveals plan to help MN homeowners cash in on the Super Bowl

Airbnb says it hopes to double the number of people offering rooms and houses to rent ahead of the NFL extravaganza.
Author:
Updated:
Original:

Tens of thousands of football fans will descend on the Twin Cities for the Super Bowl next February, and there's an opportunity for homeowners to make some money.

Short-term lodging company Airbnb says it hopes to double the number of people offering rooms and houses to rent ahead of the NFL extravaganza, helping homeowners make a quick buck in the process.

Airbnb is rolling out "Project 612" that aims to grow the number of rental hosts in the Twin Cities – particularly in St. Paul and areas of Minneapolis not served by hotels.

Over the coming months, some of the 1,000 homeowners who already rent through Airbnb in the cities will be providing training sessions to first-timers to help them share best practices and get acclimated to hosting well in advance of the game.

It is also trying to strike a deal with the cities of Minneapolis and St. Paul so homeowners can pay occupancy taxes through Airbnb rather than having to do it themselves, and is also compiling a Minneapolis guidebook that gives renters the lowdown on the best coffee shops, restaurants, parks and secret spots in the cities.

Airbnb has proven a successful option during major events in the Twin Cities, with more and more visitors opting to rent from homeowners rather than pay inflated prices at hotels, like during last year's Ryder Cup in Chaska.

The rental company previously revealed that Twin Cities Pride Weekend is the most popular time to rent Airbnbs in the metro area.

How much can you make?

As well as training sessions for potential hosts, Airbnb will be offering "price tutorials" that helps renters set the ideal price for their property.

Now, with demand expected to be high during the Super Bowl, the temptation will be to hike prices in the hope of securing a windfall.

However, Airbnb said that during Sunday's Super Bowl in Houston, the typical listing price in the city was just $150 a night, and even places close to the stadium were around $200.

Prices however will vary depending on what you're offering to rent. Those just offering a bedroom in their house will likely have to charge less than those offering entire apartments or homes.

And bear in mind that as well as taxes, Airbnb will take a fee of between 6-12 percent from whatever you earn.

Information on hosting on Airbnb can be found here.

Airbnb in the Twin Cities

Minneapolis currently has 800 active Airbnb hosts, up 60 percent on last year, with 49,000 guest arrivals in 2016. Of the renters, about 42 percent rent out extra, unused rooms.

Between them, these hosts earned $7 million in supplemental income in 2016, averaging out at an extra $5,100 per year.

There are fewer in St. Paul, 200 people renting via Airbnb. Nonetheless this is doubled the number there were in 2015.

Those renting in St. Paul have been earning a little more too, with $7,300 the average income of city renters.

Next Up

Facebook - semi crash july 30 2021 Hwy 212 - Chaska Police Department

'Large crash' involving semi-truck on Highway 212 in Chaska

Police are warning motorists about long delays.

Fairmont Raceway

Fairmont Raceway admits 'bad mistake,' announcer on leave after racist comments

The raceway promoter initially backed Len Oelke, but has now apologized.

Smoke and haze Minneapolis

Air quality still bad on Friday as wildfire smoke continues to blanket MN

The smoky haze will continue till at least Friday afternoon.

Pool

Maple Grove man defrauded PPP of $1.7M, used some to install pool

The 47-year-old pleaded guilty in federal court.

Ricky Rubio

Report: Timberwolves trade Ricky Rubio to Cleveland

Rubio's homecoming in Minnesota lasted just one season.

Tim Walz - YouTube - Screengrab

Gov. Walz: Newly-vaccinated Minnesotans will get $100

The incentive was announced shortly after President Biden announced the initiative.

Flickr - USPS post office mail truck - Paul Sableman

Man who attacked Oakdale postal worker gets 18 months in prison

He was accused of hopping over the counter and repeatedly punching the employee.

Wikimedia COmmons - Sierra store - Steve Morgan

Off-price retail store Sierra will open a St. Cloud location

It is the brand's first Minnesota store outside the Twin Cities.

Motzko and Schuneman

Driver in crash that killed Motzko, Schundeman released from custody

Authorities say he was driving during the crash that killed Sam Schuneman and Mack Motzko.

Dentist

Dental practice fired manager because she was too old, investigation finds

The business has agreed to a $54,000 settlement with the employee.

Ryan Suter

Suter says goodbye to Minnesota in Players Tribune piece

As Suter heads for Dallas, the Wild revamp their blue line.

vaccine, covid

Gov. Walz launches 'Vax to School' campaign ahead of new year

The state is encouraging students aged 12-17 to get vaccinated before school starts.

Related

Twin Cities Airbnb host numbers spike ahead of Super Bowl LII

Super Bowl fever is gripping Twin Cities homeowners.

The Twin Cities could add new rules for Airbnbs ahead of the Super Bowl

Airbnb is hoping for lots of customers during the 2018 Super Bowl.

The Twin Cities could add new rules for Airbnbs ahead of the Super Bowl

Airbnb is hoping for lots of customers during the 2018 Super Bowl.

The Tip Jar: Is staying with Airbnb a better deal than a hotel?

It certainly looks that way in the Twin Cities...

Forget hotels: Thousands of Ryder Cup fans picked Airbnb instead

Instead of getting an expensive hotel, thousands of Ryder Cup visitors opted to rent out a house or room via Airbnb.

Dancers asked to perform during Super Bowl week for next to nothing

The Super Bowl Host Committee is offering $100 for travel expenses and 'exposure' to a top choreographer.

Minnesota's Airbnb hosts cash in on graduation ceremonies

Hundreds of thousands of dollars changed hands during commencement weeks.

Staying in an Airbnb can help you earn free flights or drinks with Delta

Delta is offering SkyMiles to people who stay at an Airbnb.