The Truth Behind The COLLAPSE Of Short Term Rentals AIRBNB | Airbnburst

Although AirBNB is reporting another successful year, it’s revenue for the twelve months ending 30 September 2023 was $9.601 Billion, a 19.57% increase year-over-year, but a growing number of AirBNB hosts are seeing fewer and fewer bookings. Some wonder if participating in the famous property rental program is worth investing time and money, and the viral tweet of Nick Gerli showing airBNB revenues being down nearly 50% in major cities, is making rental hosts and side hustlers fear the future of the short term rentals.

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