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Only handful of J'cans benefiting from Airbnb

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  • Only handful of J'cans benefiting from Airbnb

    MONTEGO BAY, St James — A Canadian urban planner and university lecturer yesterday countered a claim by Tourism Minister Edmund Bartlett that many ordinary Jamaicans are cashing in on the Airbnb market.

    According to David Wachsmuth, professor of urban planning at Canada's prestigious McGill University, studies have revealed that contrary to popular belief, only a handful of Jamaicans are benefiting from the online marketplace for arranging or offering lodging, primarily home stays.

    “If you look at Jamaica it has got about 10,000 short-term rentals listings operating every day now, and they are operated by 4,000 different hosts. But just a handful of those hosts — 30 or 40 of them — make a majority of all the money from short-term rental platforms,” Wachsmuth said at the International Realtors Conference and Expo 2019 being hosted by the Realtors Association of Jamaica at Hilton Rose Hall Resort and Spa in this city.

    “We have an impression of this being a kind of spread-out activity where everybody can open up a new bedroom for rent... and maybe everybody is doing it, but everybody is not making a lot of money,” Wachsmuth said.

    http://www.jamaicaobserver.com/news/...planner_181552
    Hey .. look at the bright side .... at least you're not a Liverpool fan! - Lazie 2/24/10 Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015
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