Figures revealed by Airbnb's analysis site show that a landlord in London made £11.9m revenue from a portfolio of nearly 900 properties across the capital.
The analysis from the data provider AirDNA shows that Airbnb is now being used as a portal for big companies to run large property management businesses, and is no longer the small personal property-sharing website it started out as. Airbnb was originally started as a platform for hosts letting out space in their own house, but is growing into a money making business platform with a very different business model to that which was originally envisaged.
An Airbnb landlord in London made £12m in a single year - thanks to income from almost 900 rental properties across the capital. New research says the unnamed individual or management company pulled in £11.9m revenue from a portfolio of 881 properties.