Airbnb's new building program to give strata bodies a cut of short-stay rentals | Owners Corporation Network

Airbnb's new building program to give strata bodies a cut of short-stay rentals

Strata fees could fall in buildings that allow owners to list their properties on Airbnb, under a building program launched by the home sharing platform this week.

The Friendly Buildings Program, which has been piloted in the US, will redirect a recommended 5 to 15 per cent of an Airbnb booking fee back to the strata body, giving it a cut of the lucrative home sharing market.

Sydney Morning Herald
Lucy Cormack
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