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Airbnb growth in Australia outpaces the US

Airbnb growth in Australia outpaces the US

According to Business Insider Australia, nine years after its launch in the Australian market, Airbnb, has witnessed a phenomenal growth. It is now believed that there are more Airbnb listings and users in Sydney than there are in San Francisco.

Airbnb has released new data about the size and rate of adoption by hosts and guests using the site. Data indicates that Sydney is fifth on the list of top ten users and eighth among top ten listings, globally. Listings from all over the world are available on the site with the exception of North Korea, Syria and Iran. In all, listings in about 34,000 cities are available. This is the first time that Sydney has ranked so high on the list. In 2016, the city was listed among the top 10 city rankings, at ninth position.

According to ANZ country manager Sam McDonagh, Sydney might be actually higher on the list when factoring in the influence of seasons and travel trends. He said, “In terms of use, because obviously Sydney is huge a city, we’re a little higher than 8th. I think we’re more like 7th. But it does change based on seasonality… and so it does fluctuate. We’re a constant relative to that ranking of where we sit. Interestingly Sydney and Melbourne sit above San Francisco in that ranking of usage. That really does put things into perspective in terms of adoption of Airbnb on a global scale.”

Some facts about the operations of Airbnb in Sydney:

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