From students needing housing during school, to people on extended work assignments, Airbnb is a place where many have found longer-term housing.” It is also set to raise a further $1bn in debt.Īnd an Airbnb spokesperson has revealed where the funding will be targeted. It recently received $1bn of private equity funding from Silver Lake and Sixth Street Partners – a massive investment for the firm. The property hosting platform, which allows people to rent out all or part of their home to guests, has now announced some big changes. But short-term and holiday lets come with their own set of advantages, and they have become more appealing to landlords in recent years. Long-term rentals will always have high demand, as more and more people rent rather than buy. It’s gained a huge market share over recent years with its efficient booking system, useful app and easy service options.įor many buy-to-let landlords, short-term lettings are a great way to diversify a property portfolio. While it’s expected to fully bounce back further down the line, Airbnb is offering a new alternative.Īirbnb is the international short-term letting giant that most people across the world have heard of, if not used. Before the events of the past few weeks, the short-term letting market was a booming business.
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