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Airbnb hosts in China are “confident” about market recovery

03/30/2020| 3:36:39 PM|

Of the hosts with positive sentiments, 72% say they plan to maintain or increase their Airbnb hosting activity.

As China eyes economic recovery following the COVID-19 coronavirus outbreak, travel providers in the region are weighing measures to get business back on track.

This includes hosts in the short-term rental market, who feel “confident” about the future of the sector, according to a recent survey from Airbnb.

Ninety-nine percent of Airbnb hosts in China say they feel positively or neutral about engaging in the short-term rental market following the outbreak, while 1% say they will “definitely not” participate once the crisis subsides.

Of the hosts with positive sentiments, 72% say they plan to maintain or increase their Airbnb hosting activity.\

According to the company, Airbnb is among the main platforms for weekly and monthly rentals in the region. Its survey reveals that more than one-third of all weekly rental users and nearly one-third of monthly rental users have searched for lodging on Airbnb, and as the crisis begins to abate, 60% of Chinese hosts say they are willing to accept more weekly and monthly rentals.

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TAGS: Airbnb | COVID-19
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