More people are turning their homes into Airbnbs

More people are turning their homes into Airbnbs

By Thobile Mazibuko Time of article published12h ago

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Since living in the pandemic, many people have lost their incomes. The travel sector was one of the most affected industries.

However, people resorted to other ways of making money and turned their homes into Airbnbs.

In South Africa, new hosts with only one listing who welcomed their first guests since the beginning of the pandemic have already earned more than $3 million (almost R44m). Globally, new hosts have earned more than $1 billion.

In Cape Town, new hosts have accumulated more than $850 000 (more than R12m) since March.

In KwaDukuza (formerly Stanger), Joburg and Durban, as well as smaller areas such as Knysna, Overstrand, Port Shepstone and…

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