{"id":175259,"date":"2017-05-16T09:29:08","date_gmt":"2017-05-16T07:29:08","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=175259"},"modified":"2017-05-16T09:37:36","modified_gmt":"2017-05-16T07:37:36","slug":"how-much-airbnb-says-its-worth-to-south-africas-economy","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/175259\/how-much-airbnb-says-its-worth-to-south-africas-economy\/","title":{"rendered":"How much Airbnb says it’s worth to South Africa’s economy"},"content":{"rendered":"

The Airbnb community in South Africa generated an estimated R2.4 billion in total economic activity in 2016 – the sum of guest spending and host income.<\/p>\n

South Africans welcomed almost 400,000 guest arrivals into their homes in 2016 alone., the accommodation sharing company said, citing its own data.<\/p>\n

This is up from just 38,000 guest arrivals in 2014, and 133,000 in 2015. Airbnb said that 37% of guests in 2016 are South African, with a majority coming from Johannesburg.<\/p>\n

As many as 16,000 people played Airbnb host in 2016 in the country. Guests meanwhile, stayed an average of 4.3 days per trip, the data found.<\/p>\n

Where guests are from:<\/strong><\/p>\n

\"\"<\/a><\/strong><\/p>\n

The typical host on Airbnb in South Africa shares their home for 16 days a year and earns an additional R28,000\u00a0 a year<\/strong>.A total of R817 million was earned by Airbnb hosts, with R1.6 billion spent by guests.<\/p>\n

The typical host is 45 years old and 40% of them are freelancers, entrepreneurs or self-employed. More than a third of hosts are aged over 50.<\/p>\n

Read: How much money South Africans make from Airbnb<\/a><\/strong><\/p>\n

Half of the hosts in South Africa use the income from hosting on Airbnb to help afford to stay in their homes, the data said.<\/p>\n

\"\"<\/a><\/p>\n

\n

Read: Airbnb renters in Durban can pay off their house faster than anywhere in the world<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Airbnb community in South Africa generated an estimated R2.4 billion in total economic activity in 2016 – the sum of guest spending and host income.<\/p>\n","protected":false},"author":10,"featured_media":94277,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[9882],"tags":[10201,26],"class_list":["post-175259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-airbnb","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/175259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=175259"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/175259\/revisions"}],"predecessor-version":[{"id":175285,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/175259\/revisions\/175285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/94277"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=175259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=175259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=175259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}