Why Is Airbnb Still Profitable in 2020?
141 viewsover 5 years ago10m 48sScore: 78
James Svetec
Pricing & Profitability
beginner
Profitability
Revenue Management
Pricing Strategy
Occupancy
Market Research
Summary
This video explains why Airbnb is still profitable in 2020 for hosts and property managers. The two main reasons are increased domestic tourism, resulting in greater demand for private rentals, and a decrease in the supply of Airbnb properties, as many hosts shifted to long-term rentals, leading to less competition.
