Airbnbs in NYC are overwhelmingly single apartments, not giant hotel-like networks
AP Photo/Bebeto Matthews
Now, for the first time, the startup is releasing the stats to prove it.
In a new data release, Airbnb claims that 95 percent of entire-home hosts only have one listing on the platform in New York City. An additional four percent (or 99 percent of the entire home listings) are from hosts with two properties.
The company is trying to dispel the myth that many Airbnb users are rental corporations or greedy landlords who are keeping units off the market by only using their home for extra income. Of the 35,966 active Airbnb listings on the platform, 19,742 are entire home units (meaning you can rent the apartment without having the host as your roommate).
In the next year, Airbnb projects that the hosts who own six or more listings will become an even smaller slice of revenue from New York. Those mega-networks of units, which include actually includes a hotel according to the company, will shrink to only 2 percent of the overall hosting revenue, compared to 7 percent now.
Airbnb made a pact in November to start releasing anonymized data about how its hosts use the platform in different cities. New York City, a often contentious market for the company, is the first city to have its data released to the public.
Here are the stats:
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas