July 23, 2017

Airbnb bookings in London more than double in just one year despite concerns over ‘lack of regulation’



City of London skyline from London City Hall - Sept 2015
© User:Colin and Kim Hansen / Wikimedia Commons, via Wikimedia Commons

The number of nights booked in London with Airbnb shot up by 130 per cent last year despite concerns over the company’s “lack of regulation”.

The growing popularity of Airbnb – which sees people rent out lodgings such as homes and holiday apartments via the website – has helped the company’s market share of London’s overnight visitors more than double to nearly nine per cent in 2016.

It is up from less than 4 per cent of overnight visitors in 2015.

Research from global real estate adviser Colliers International and Hotelschool The Hague shows that nights booked in London with Airbnb rose to 4.62 million […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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