New Hungarian Airbnb hosts earn HUF 200 mln since epidemic

Hotels

Hungarian hosts who only appeared on Airbnb after the onset of the epidemic have earned more than HUF 200 million in revenue since the onset, according to an announcement from the company, writes business daily Világgazdaság.

Globally, newly joined hosts generated more than USD 1 billion in revenue.

As a result of the COVID-19 pandemic, people have been looking for safe, comfortable accommodation where they could connect with family and friends, while at the same time creating an economic opportunity for others who could earn the extra income they needed by renting out their homes on the Airbnb platform, the article stated.

ADVERTISEMENT

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga Analysis

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.