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Travel: AIRBNB -The cost of living crisis makes it leaping individual rooms

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by Abhijith Ganapavaram November 16 (Reuters) - Airbnb said on Wednesday that it has recorded a "disproportionate" increase of 31% of individual rooms on its platform In the third quarter, while more and more people are looking for additional income from the cost of living crisis. The company indicated that housing announcements increased in all

by Abhijith Ganapavaram November 16 (Reuters) - Airbnb said on Wednesday that it has recorded a "disproportionate" increase of 31% of individual rooms on its platform in the third quarter , while more and more people are looking for additional income from the cost of living crisis.

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The company indicated that housing announcements have increased in all regions, without disclosing specific figures, and to promote this growth, it unveiled an update of the application on Wednesday to facilitate the process.

"We have found that many people are more interested than before by accommodation to deal with the cost of living," said Brian Chesky, general manager of Airbnb, while high inflation due in particular to the War in Ukraine puts under pressure the budgets of households.

Some 46% of hosts on Airbnb said they used rental income to buy food and other products, while one in 10 said that it helped them to avoid expulsion or The seizure, said the company, citing an investigation.

Some popular tourist destinations have however criticized the company for aggravating the shortage of housing, as more and more owners prefer to rent to vacationers than to long -term tenants.

In an interview with Reuters, Airbnb co -founder Nathan Blecharczyk, blamed the increase in interest rates for the shortage of new housing, and estimated that the sector had trouble adapting to the growing demand for housing outside of major cities. (Written by Abhijith Ganapavaram in Bangalore with Doyinsola Oladipo in New York; French version Federica Mileo, edited by Tangi Salaün)

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