Airbnb Revenues Up 421% In Dubai

A special report by Chestertons MENA focusing on Airbnb has highlighted the growth and popularity of the online platform with investors and holiday makers in Dubai since 2015; the research also revealed a 161% increase in active listings, generating over US$3.3million

Chestertons MENA, a leading international property agency, has released a special market report outlining the growth of Airbnb in Dubai between August 2015 and August 2017. Revenues for properties listed on the online marketplace and hospitality platform during that time increased by 421% to top US$3.3million in August 2017, with listings nearly tripling to 3,249.