An empty shopping centre in Beijing. There are more than 5,100 Airbnb owners in Beijing, and their earnings have plummeted along with international visitor arrivals in China’s capital. Photo: AP
Beijing among least profitable Airbnb destinations, as owners would need a paying customer for 3,771 nights to break even, UK insurer says
- UK-based CIA Landlords tracked more than 50 destinations across the globe as part of a study
- Landlords planning to buy any property in Beijing should be wary of getting into the Airbnb space, says insurer’s finance director
An empty shopping centre in Beijing. There are more than 5,100 Airbnb owners in Beijing, and their earnings have plummeted along with international visitor arrivals in China’s capital. Photo: AP
