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- Airbnb India Bookings Up 50 per cent in the December quarter: first time bookings increase by 60 per cent - ET BrandEquity
Airbnb India Bookings Up 50 per cent in the December quarter: first time bookings increase by 60 per cent - ET BrandEquity
Summary
Airbnb bookings in India surged by 50% in the December quarter, with a remarkable 60% increase in first-time bookings. This signifies strong growth in the Indian market for Airbnb and increased interest from new travelers. This boom could prompt hosts to consider expansion.
Key Insights
- •First-time Airbnb bookings in India increased by 60% in the December quarter.
- •Airbnb bookings in India increased by 50% in the December quarter.
Action Items
- ✓Hosts in India can capitalize on the growing demand by optimizing listings and potentially expanding their property portfolio.Effort: mediumImpact: medium
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Airbnb is offering a $750 incentive to attract new hosts to list their properties for the World Cup. This move aims to ensure sufficient accommodation for visitors during the event. This initiative highlights the importance of short-term rentals in accommodating large-scale events and provides a financial benefit for new hosts.
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