30% profit, break-even in 1 year: Is leasing property for Airbnb India’s next big side hustle? Hyderabad man reveals
Renting or leasing a property to run an Airbnb is often seen as the next big side hustle. But, what is the reality in India? Check out what a host said.
Abhishek Mourya, a Hyderabad-based Airbnb host and consultant, has shared his experience with the lease model of hosting properties on Airbnb. Mourya claims that the lease model is not as profitable as it may seem and that he personally has not leased out any of his properties. He explained that the math only makes sense when running the business with his own properties, as he incurs costs for furnishing and maintenance, resulting in a profit margin of 20-30%.
Mourya also noted that breaking even on the furnishing cost will take a minimum of one year. He emphasized that Airbnb in India is not a side hustle, but a full-fledged hospitality business, and advised potential hosts to invest time, money, and energy before pursuing this idea.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
