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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThere's been no World Cup windfall for Airbnb - and hosts are surprised
Thousands of Airbnb hosts expecting a World Cup payday are still waiting for guests as a combination of high travel costs, steep ticket prices and restrictive border policies dampen demand.
With the tournament set to begin in June, data from rental firm AirDNA shows that Boston is currently the only host city where more than half of the available inventory has been reserved, at approximately 55 percent, The Wall Street Journal reported.
Other markets are trailing significantly. In Philadelphia, only 42 percent of rentals are occupied for the group stage, while several other cities reported even lower figures.
The sluggish demand comes despite significant investments by homeowners.
https://finance.yahoo.com/economy/articles/no-world-cup-windfall-airbnb-182959654.html
Thank the orange hell beast.
RockRaven
(19,659 posts)This was predictable as of mid-November 2024.
SheltieLover
(81,439 posts)vapor2
(4,793 posts)ananda
(35,392 posts)They must be living in some other world,
maybe an alternate universe that doesn't
really exist.
Right ee o
canetoad
(20,913 posts)That I have a lot of empathy with Airbnb people but who wants to be brutalized, harassed and possibly killed by ICE?
lame54
(39,982 posts)GenThePerservering
(3,590 posts)in the Seattle area, and this whole region is futbol mad.
Melon
(1,585 posts)Hotels, the train, everything. Its th gouge fest. I looked at tickets and they were $1300 a piece.