Sun. Sep 8th, 2024

Business News on the Fly

The Rise of Oxford Airbnbs: How This City is Cashing in on the Sharing Economy

Oxford, a historic city in the South East of England, is becoming increasingly popular with tourists and travelers. As such, it’s no surprise that the city has seen an influx of Airbnb rentals over recent years. The rise of Oxford Airbnb has been a great boon for local businesses and property owners alike; not only are they able to make money from renting out their properties to short-term guests, but they’re also able to bring more people into the area and contribute to the local economy.

Airbnb listings have been particularly successful in Oxford due to its high student population. Many students are looking for affordable accommodation during vacation periods or between terms; Airbnb offers them an excellent option which may even be cheaper than traditional options like hostels or hotels. And because many students come from abroad, this provides yet another source of revenue for landlords who can capitalize on their international appeal.