AIRBNB COMMUNITY BOOSTS WESTERN CAPE ECONOMY BY ESTIMATED R5BN

CAPE TOWN- Airbnb released new data on the impact of the home sharing community across the Western Cape. The data highlighted the growth of guests in the province and the positive impact Airbnb provides to local families, communities and businesses.

Airbnb data looked at host earnings and guest spending, it showed in 2017 the Airbnb community generated a estimated R5 billion of economic activity in the province.

In 2017 hosts estimated to be about 15 000 in the province welcomed over 540 000 people across the world, a growth of 86% since 2016.

Most guests stayed for less than two days with a host earning around R34,000 a year.

The trendiest sopts are outside the city centre with more people picking out homes outside the typical tourist spots.

The biggest growth suburbs were in  Beaufort West which saw 213% increase in guests and 208% in Ceres.

Velma Corcoran, Country Manager for South Africa, said,  “Every time a guest visits South Africa using Airbnb, local families and their communities benefit.”

Photo Credit- 2oceansvibe.com

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