When starting out in the holiday letting business in Cornwall, one
of our USPs was to offer home owners the flexibility to let out their homes
from 1 week to the whole year. This flexible approach
was at the time somewhat unique and appealed to Cornish and 2nd home
owners alike. It was great to see the number of locals
taking us up on this offer and offering a means to bring in an extra income by
renting out their home for a short period each year.
Moving on 7 years, the rise and influence of Airbnb has brought
this idea to more and more people due to its large audience, flexibility and
money generating potential. Airbnb has helped to open
up Cornwall to a more international audience as well as people looking for more
places to stay closer to home.
According to Visit
Cornwall figures, there were around 200,000 visitors a day to Cornwall in
August 2018 and 10% had stayed in Airbnb accommodation.
Martha says, ‘We
believe that the Airbnb trend will settle down in Cornwall going forward and we
won’t continue to see the massive growth noticed in the last couple of years.
Airbnb offers a great way for people to be more independent in the competitive
letting market. Local home owners looking for an extra income stream, who strive for the best standards and follow the industry
regulations correctly, can thrive, achieve longevity in the market place and make use of the large audience that Airbnb has to offer.’
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