Fri, 05-Dec 2025

Search news articles
  • Home
  • Press Releases
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Media
Subscribe
Events
Subscribe
  • Home
  • Press Releases
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
    • Disclaimer
    • Privacy Policy
    • Advertise with us
    • Share with us

    Contact Us

    For Media Queries & Partnerships: [email protected]
    Business Intelligence Tools:
    [email protected]
    Events:
    [email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2025 Wallstreet Africa. All Rights Reserved.
    1.0.24

    Kenya Records 68% Growth in Guest Arrivals through Airbnb Listings

    Angeline
    By Angeline Mbogo
    - September 25, 2018
    - September 25, 2018
    African Wall StreetKenya Business news
    Kenya Records 68% Growth in Guest Arrivals through Airbnb Listings

    According to a recent report by Airbnb, the year-on-year growth in guest arrivals in Africa is strong in countries like Kenya at 68 per cent, South Africa at 65 per cent, and Rwanda at 73 per cent.

    The top three countries with the highest growth in guest arrivals include Mozambique at 136 per cent, Ghana at 141 per cent and Nigeria at 213 per cent. In South Africa, Cape Town is the most popular destination on Airbnb followed by other destinations such as Pretoria, Durban, George, Johannesburg, Hermanus, and Plettenberg Bay.

    The report reads in part:

    “Since Airbnb was founded, 3.5 million guests have arrived at listings across Africa as a whole with roughly half of these arrivals occurring in just the past year.”

    Airbnb is a company based in San-Francisco that offers an online marketplace and hospitality services through its websites and mobile applications.

    In 2017, Airbnb announced an investment of $1 million through 2020 to promote and support community-led tourism projects in Africa.

    Airbnb also launched an Africa Academy in South Africa that offers “information and tools to support aspiring entrepreneurs from rural and under-resourced communities across” the country. The Academy will be introduced in other parts of the continent according to the report.

    Host Earnings

    In November 2016, Airbnb introduced Experiences, activities designed and hosted by locals. Experiences are different from typical tours because they allow tourists to dive deeper into the world of the locals through their passions. Hosts provide guests with knowledge, skills, and access to local places that guests would not find on their own.

    From 500 Experiences in 12 cities in 2016, the number has grown to more than 15,000 Experiences in 800 cities across the globe as of August 2018.

    According to the Airbnb report, typical host earnings in Kenya in the past year stood at $920. 55 per cent of these hosts use Airbnb earnings to make ends meet while 57 per cent use the Airbnb earnings to afford staying in their homes.

    Since Airbnb was founded in 2008, hosts in Africa have earned more than $400 million in income.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Unlock Market Insights Like Never Before

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    African Market Indices

    Track key African stock exchanges and indices, from Johannesburg to Nairobi and Lagos.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa