Explore Airbnb’s rise in South Africa, especially Cape Town, and discover key strategies to maximize profits in short-term rentals during the festive season.
Airbnb also cites that the high demand and subsequent high supply of Airbnbs in the City will allow almost half of Cape Town’s hosts to afford their homes. The platform goes on to say that Cape Town welcomed 700,000 guests, contributing an estimated R14.4 billion to the GDP. While the financial and flexibility benefits of this rental option are significant, there are also some potential drawbacks, including:Ways to maximise short-term rental profits
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