According to Airbnb, there are now more than 600,000 Italian short-term vacation rental properties listed on its website, and according to non-Airbnb studies, nearly one-third of those properties are struggling desperately to stay alive. These hapless Italian property owners, who typically have little or no experience in the hospitality industry, are learning the hard and expensive way that the short-term vacation rental business is anything but a get-quick-rich scheme.

Fortunately, there is an innovative solution. Divviso's unique Convert to Share co-ownership strategy enables Italy's thousands of struggling Airbnb property owners to simplify their lives and monetize their investment properties by converting unprofitable or marginally-profitable short-term rental properties to co-ownership.

Divviso's Convert to Share strategy offers these owners a persuasive incentive. Converting an Airbnb property to co-ownership and then reselling the 10% co-ownership interests in the property is the equivalent of "renting" each 10% co-ownership interest for 5-weeks a year, forever, to a known and vetted "renter", who pays the "rent" up front in one lump sum payment, and thereafter shares the cost of property management and maintenance.

The financial result of converting an Airbnb property to co-ownership is a net five-year IRR that is higher than the net IRR from renting the property for the next 30 years and without all the hassles of managing a short-term rental business!

Ask Divviso to run the numbers for you.