New research from AirDNA shows that one Airbnb landlord in London made £11.9 million in a single year, renting out 881 properties through the platform.
The second highest-earning landlord made £11.8 million through 504 properties in Bali, where earnings are the highest at an average revenue per user of £31,294. In Tokyo this is around £27,581 and in London £16,003.
AirDNA CEO Scott Shatford said the way Airbnb listings are managed is shifting which blurs the lines for users looking for an alternative to traditional hotels between corporate rental accommodation and “the one where Jane is going to meet you at the door and tell you all about the cool things to do in town”.
AirDNA says the proportion of of global hosts are split 65% individuals and 35% management companies, while Airbnb’s figures claim the typical host in the UK earned £3,000 and hosted for three nights a month, with 80% of its UK hosts individuals “sharing space in their primary home”, within its own hosting limits in London of no more than 90 days.