Manila Bulletin

PH is Airbnb’s fastest growing market

- By BERNIE CAHILES-MAGKILAT

The Philippine­s posted an exponentia­l 300 percent growth year on year for travelers using the Airbnb platform, a website for people to rent out lodging, making it the fastest growing market in the ASEAN region.

Jia Jih Chai, Airbnb managing director for Southeast Asia and India, told reporters in an interview at the recent Slingshot MNL, the official start-up event of APEC Philippine­s 2015, that there are over 1,000 listing of spaces or accommodat­ion facilities for rent in the Philippine­s on its website. Majority of these sites are located in Manila. Other popular destinatio­ns in the country include Tagaytay, Baguio, Boracay, Cebu and Davao. Airbnb has been in the country for only two years.

According to Chai, hospitalit­y and friendline­ss of Filipinos have made the Philippine­s in demand among travelers, who are on short five-day stay to a month.

Globally, Paris has the highest number of listings and the biggest number of bookings because visitors would like to experience how to live like a French. Japan has also a good rate.

Chai further said that travelers have come to like the Airbnb accommodat­ion model, which is similar to home stay model, because it makes them feel at home unlike in a hotel setting

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