IT’S A GREY AREA LEGALLY, BUT MORE OF US ARE DO­ING IT TO MAKE ENDS MEET.

GQ (Australia) - - GQ INC. -

• Tech­ni­cally, you must get per­mis­sion from the land­lord be­fore you can sub­let, but re­cent rul­ings have weak­ened this.

• Airbnb is val­ued at nearly $40bn, more than the Hil­ton chain and higher than the value of the Hyatt and Ac­cor ho­tel groups com­bined.

• More than two mil­lion list­ings in 191 coun­tries.

• Airbnb av­er­ages more than 500,000 guests per night.

• There are nearly twice as many Airbnb list­ings in Sydney than in San Fran­cisco.

• On av­er­age, Airbnb hosts in Mel­bourne and Sydney make be­tween $7000 and $9000 a year.

• More than 50 per cent of Aus­tralian hosts of­fer their en­tire homes for rent.

• The three busiest times for Airbnb book­ings in Sydney are New Year’s Eve, Mardi Gras and NRL Grand Fi­nal week­end.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.