How much is Airbnb worth to SA? About R10bn

PREMIUM

Airbnb generated nearly R10bn for SA in 2018, underlining its small but significant role in the ailing economy as the short-term rental company battles regulators seeking to limit its impact on private housing and the hotel industry.   

SA has proposed a new set of rules under the Tourism Amendment Bill that, if enshrined into law, will specify how much an Airbnb host can charge in rentals and the number of nights guests can stay at chosen locations.  ..

This article is reserved for HeraldLIVE subscribers.

A subscription gives you full digital access to all our content.

Already subscribed? Simply sign in below.

Already registered on DispatchLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.



Questions or problems? Email helpdesk@heraldlive.co.za or call 0860 52 52 00.

X