In 2021 you just need to know 11 things about Airbnb!
More overseas property owners use Airbnb and similar online platforms in conjunction with conventional agencies to provide their properties with essential rental income. For Sale in Qatar The Seef Lusail
Airbnb has had a major impact since its launch on the real estate industry, not only on rentals and housing prices, but also on landowners. Boutique hotels and conventional bed and breakfasts often use Airbnb to increase their space’s exposure and to attract more visitors.
After 13 years in the property market, Airbnb has inspired many aspects.
So if you want to substitute your property or use the Airbnb services for your holiday, you should know the 10 things about Airbnb in 2021.
iPhone Apple. Airbnb application shown on the phone. Airbnb is a website for listing, finding and renting people.
1. Airbnb helped owners of property
Founded in 2008, Airbnb has encouraged people to travel abroad by making it easier to find accommodation and sample life in other countries. Short-term lets have started since the arrival of the easy online booking of Airbnb. Companies such as VRBO, Tripping.com and other specialized online services providers have also joined it, providing revenues for property owners all over the world and new opportunities for travelers.
For expatriates, who spend some time and own property in various countries, this is the perfect choice for maximizing revenue, compensating expenses and continuing to use their home when they wish.
couple who look at house symbolizing Airbnb property owners help
2. Patterns and numbers of Airbnb
Airbnb has more than 7 million properties worldwide
Since Airbedandbreakfast.com was created, it now offers more than 7 million homes in more than 220 countries. More than 150 million users stay in Airbnb and more than 2 million stay in Airbnb every night.
During COVID-19, Airbnb’s assessment declined 46 percent
Airbnb was estimated at USD 35 billion before the coronavirus pandemic and reduced to USD 18 billion as global lockdowns began.
3. UK figures and information for Airbnb
There are two women in three UK hosts
Airbnb hosts vary from students to seniors, but in the UK the average age is 43 years, where women are more than men (62 percent to 38 percent ).
Living ‘like a place’ (UK)
74% of guests use Airbnb for holidays or leisure to visit the UK, and 79% prefer Airbnb so they can “travel as a local.”
Three in four UK European guests (UK)
In reality, domestic travel on Airbnb is a rising trend and ‘staycation’ is becoming increasingly common. Although 76% of guests traveling with Airbnb in the UK come from Europe, 53% of them fly to the UK. There are 6% of Germany and 4% of France, 13% of North America, 5% of Asia, 4% of Australia and 1% of Latin America and Africa and the Near-East.
The income in the US is about five times higher and hosts receive an average monthly income of USD 924 in 2019, according to low-interest Earnest lenders.
The number of UK landlords falls (UK)
Following a number of policy reforms and tax increases on purchased properties in the UK, the percentage of homes let by overseas landlords has decreased more than half from a 13% increase in 2010 to a record low of 6% in the first half of 2018. In early 2020, HMRC also found that Airbnb had owed GBP 1.8 million in corporate tax in addition to GBP 1.1 million. As a result, all UK Airbnb hosts were encouraged to re-evaluate what they owed.
London has changed the trend (UK)
But the number of homes owned by a foreign landlord in London has slowed down, almost doubling, according to sector specialist Hamptons International, from 5 percent in the second half of 2017 to 12 percent in the first half of 2018. In addition, in the past four years, the number of Airbnb listings in London has quadrupled, with over 80,770 properties.
In Greater London, the average cost for a new letter in March 2020 was GBP 1673 per month, up from GBP 1613 in March 2019.
