Browsing: Airbnb hosts

  • South Africa boasts 43,400 listings and an income of above US$95 million.
  • Revenues quadrupled to US$1.3 billion in the second quarter of 2021.
  • Airbnb simply means “air bed and breakfast,” and has an estimated worth of US$110 billion. 

Revenues quadrupled to US$1.3 billion in the second quarter of 2021 as compared to 2020, which stood at US$335 million, before seeing an exponential rise to US$2.2 billion in the third quarter. The net income stood at US$834 million

South Africa boasts 43,400 listings and an income of above US$95 million; Morocco has 21,000 listings and an income of above US$22 million; Kenya has 5900 listings and a US$3.9 million income.

As the company bounces back, Brian Chesky, CEO of Airbnb, offered US$250 million to hosts that had been hit hard by the pandemic.

Read: Luxury hotel opening boosts tourism prospects for Africa’s second most visited country

Since its launch in South …