Over 60% Of Malaysia’s New Airbnb Hosts Are Millennials
Millennials between 25 and 40 years old accounted for the bulk of new Airbnb hosts in the country, at 60%, during the first half of 2021.
Collectively, these Airbnb hosts earned more than RM680,000, reported The Sun Daily.
Selangor, Kuala Lumpur, Johor, Sabah and Penang were the top five states with the highest number of new hosts.
These data were released by Airbnb after its recent global announcement of over 100 new upgrades at its platform, which include an easier way to start hosting.
Running An Airbnb? Don’t Get Fined By Your Local Council And Management!
In a survey conducted by Airbnb in the first quarter of 2021, a third of Malaysian hosts revealed that the money earned via the platform provided their household an additional source of revenue, helping them stay afloat as well as fight costs of living during the pandemic.
Amanpreet Bajaj, Airbnb’s General Manager for Southeast Asia, India, Hong Kong and Taiwan, said hosting has served as an economic empowerment for the new hosts, as they benefitted from an additional source of income amid a time of financial strain.
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