Latest Business News


Airbnb took over the world


Rowan Hughes stayed in Airbnb accommodation on holidays for several years before she decided to make some extra cash from her own home in south-east London. When refurbishing the property, she created a room with an en-suite bathroom and its own front door, listing it on the accommodation sharing platform at the start of this year.
Hughes, 37, considered getting a lodger, but using Airbnb offered the flexibility to reclaim the room when her own friends and family came to stay. So far, she has mainly attracted business travellers, who prefer her homely atmosphere and £50-a-night charge to nearby chain hotels where soulless rooms cost significantly more.
“I make it clear on the listing that it’s a family home, so guests know what to expect,” she said. “It’s still early days but it has been great. It brings in some extra cash for holidays or things for the children, and it’s a competitive price for my visitors. It works for everyone, and I don’t want to be greedy.”
Whatever the authorities try to do to regulate the market, as long as demand and profits remain this high, it doesn’t look as though the game of cat and mouse between them and Airbnb is about to end.



News Updates

Do you want to advertise with us?