In a new report, the leading short-term-rental marketplace said the typical host income in 2021 jumped 85% from 2019. Last June marked the first time that US occupancy surpassed 70%, according to the vacation-rental research firm AirDNA.Īnd Airbnb, for one, says its hosts have reaped the benefits. Occupancy rates for short-term rentals came roaring back from their lockdown lows.
Occupancy rates for short-term rentals also hit record highs in 2021.The median income for an Airbnb host reached $13,800 in 2021, the company said.Airbnb generated $5.Account icon An icon in the shape of a person's head and shoulders.We’ve collected data and statistics on Airbnb. To keep hosts on the platform, Airbnb recently launched monthly stays, similar to a normal rental service, but without the usual yearly rental agreement.Īirbnb planned to IPO in early 2020, but with the pandemic it delayed its public launch until December 2020. Many Airbnb hosts in major cities switched to long-term rentals as the short-term market collapsed in March, as a way to maintain a steady (if lower) income. Even with these acquisitions, it is still considered a rather “light” asset company in comparison to its main rivals, Expedia and .Īirbnb has been one of the hardest hit platforms by the COVID-19. At the pandemic peak, new bookings were down 85 percent, although app usage has gradually increased as countries have relaxed travel restrictions. It acquired Luxury Retreats in 2017 for $200 million, followed by a $400 million acquisition of HotelTonight in 2019. The company planned to launch an airline, although with the coronavirus pandemic those plans have been delayed indefinitely.įor the past three years, Airbnb has consolidated its position in the market. In 2016, Airbnb expanded its service to include experiences, in which a host could offer tours or tickets to events through the app. Barcelona, Amsterdam, Paris, Venice and San Francisco, amongst others, have enacted regulations specifically targeted at the short-term rental market Airbnb popularized. As it expanded, Airbnb has faced persistent opposition from several major cities, due to a perceived increase in the cost of rent for locals.
0 kommentar(er)
