Peer-to-peer renting is transforming how people travel and book their stays. Before, people had limited options and normally either had to book a hotel room or a place through a travel agency. Peer-to-peer (P2P) renting opens the doors. It lets homeowners rent their homes for extra income; while letting renters save money and stay in more convenient locations. The following infographic explains visually the new shift in today’s rental market based on peer-to-peer (P2P) sharing.
These days „sharing economy” or „collaborative consumption” is a popular economic model that is transforming the rental market. Read more about the advantages of this model and how it works in a nutshell.
It is believed that all began with the famous Couchsurfing in 2004. Today, it connects 10 million people in more than 200,000 cities. Furthermore, Airbnb entered the market and revolutionized the way we travel and accommodate around the world.
The infographic illustrates the top 5 peer-to-peer travel marketplaces. The table testifies that Airbnb outperforms its competitors significantly. Surprising or not, the estimated net worth of Airbnb is $25.5 billion, operating in 190 countries and more than 34,000 cities and towns.
With regard to homeowners, the infographic explains how they can money and how much. For instance, Airbnb hosts make an average of $7,350 each year from temporarily renting out their property.
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