Airbnb landlords earn more in December on festive bookings

BDSUPREME3110C

Operators of short-term rental properties will be required to register with the Tourism Regulatory Authority (TRA) effective immediately. PHOTO | SHUTTERSTOCK

Kenyan landlords with properties listed on the short-term house rental platform Airbnb made Sh38,638.6 ($308) on average in the month of December attributed to higher bookings during the festive season and increased daily charges per night.

Data from vacation rental research firm AirDNA shows the revenue grew from an average of Sh25,647 ($206) in October when the occupancy rate was at 19 per cent, to a rate of 33 per cent in December.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.