Airbnb data reveals impact of the sharing economy

Airbnb data reveals impact of the sharing economy


More than 3 million people in the UK used Airbnb accommodation for their travels this year in a boost to the sharing economy, the site has revealed.

There were 2.2 million travellers who used Airbnb to visit the UK in the year to November.

A total of 52,500 hosts shared their homes, with the typical host earning £2,000 by sharing their home for 46 nights a year.

More than a third of UK hosts earn below the median household income, and almost half rely on the income they make by sharing their homes to make ends meet, according to Airbnb.

This is the first UK data to be released from Airbnb since new home sharing legislation for London came into force in May

It also highlights that the estimated annual economic impact of Airbnb in the capital is more than £1.3 billion.

Airbnb’s head of public policy, Patrick Robinson, said: “The UK government has set itself as a global leader for the sharing economy and progressive business models.

Read rest of the article at: Travolution