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A Numbers Game

Here's what you need to know

Bingo Game Cage on White Background

 According to Statistics South Africa, tourism contributed a staggering R103.6 billion in the gross domestic product of South Africa in 2012. Add to that the fact that there are more than 10 million tourists visiting our country each year – and Airbnb reporting that 17 million people used the service in the summer of 2015 – meaning putting your house up as a host is becoming an attractive option for a lot residents. Here are some numbers to help you decide whether you’d join the trend…

  • Airbnb has a formidable social media following which includes 1.3 million Instagram followers and 533k on twitter, and 100 million users worldwide.
  • It has presence in 191 countries and has over 2 million listings in 34 000 cities.
  • There are an estimated 640 000 hosts worldwide.
  • US$2 billion is the negative impact the Hotel Association of New York City claims Airbnb cost them in 2015.
  • 3 is the number of co-founders of Airbnb. Brian Chesky and Joe Gebbia started AirBed & Breakfast in 2007 during the Industrial Design Conference. Technical architect Nathan Blecharczyk joined them as the third co-founder in February 2008.
  • 10 000 is the estimated number of listings in South Africa.
  • The company was valued at $30 billion in September 2016 after the Wall Street Journal reported that Airbnb had (at the time) raised about $555 million in new funding.
  • Airbnb announced its 1 millionth booking in February 2011, since its inception in August 2008.
  • It’s estimated that Airbnb’s revenue in 2015 was $900million.
  • Almost 250 000 properties were added in 2013.
  • Cape Town has more 5 000 property listings.

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Issue 49



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