Home-lodging platform Airbnb helped contribute an estimated R5 billion of economic activity in the Western Cape, in 2017.
The data has been curated from the income that hosts earn plus the money spent by guests visiting the province.
Read also: AirBnB on the rise in Khayelitsha
Within the Western Cape we have 15 000 hosts and we welcomed over half a million guests into the region. This was 86% increase from the previous year.— Velma Corcoran, Airbnb Country Manager
It is encouraging to know that 40% of these guests are South African and others are from the US, UK and Germany.— Velma Corcoran, Airbnb Country Manager
Airbnb Country Manager, Velma Corcoran says the business is encouraged by the growth they are seeing stimulated by the kind of tourism offered in the Western Cape.
Some places just outside Cape Town have seen over 100% growth, which Corcoran says is very encouraging.
To hear the rest of the interview with Airbnb, listen below: