Since it's inception in 2008, Airbnb has continuously grown in popularity, seeing an increasing number of hosts and visitors alike use their platform. In 2022 alone, the platform amassed a staggering 8.4 billion in revenue, up from 5.99 billion the previous year. In fact, asides from the pandemic in 2020, the company has seen increasing YoY revenue of at least 1 billion each year. MoneyTransfers.com team has investigated which countries are the most popular destinations on Airbnb. This study highlights the dynamic nature of the short-term rental market. Additionally, the Airbnb statistics also speak somewhat about its user and host base, offering a holistic view of this pioneering sharing economy platform. FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass ...
Read MoreTag: tourism economy
Taj Mahal is among the top 10 highest grossing tourist attractions: in the world Tourist attractions don’t just provide something fun to do for people visiting a new city or country; they are often a vital source of income for the economy, generating millions or even billions in revenue. However, just how much do some of the world’s most popular tourist attractions make from ticket sales alone? The team at MoneyTransfers.com have taken publicly available data on the annual number of visitors to each of the top 50 most popular (paid) tourist attractions in addition to the average cost of a single adult ticket to calculate the highest grossing tourist attractions overall. Key Findings: Theme parks, perhaps unsurprisingly, dominate as the highest grossing tourist attractions...
Read MoreColombia's Meta province, long dependent on oil and gas production for its wealth, is hoping a focus on tourism can help grow its income and support hundreds of families in the region, local officials told Reuters. The province is home to the La Macarena national park, which includes Cano Cristales, a river that is also known as "the river of the gods," or "the river of seven colors," among other descriptive labels. The river Cano Cristales, also known as the river of the gods, or the river of seven colours, is pictured in Colombia's Meta province, long economically dependent on oil and gas production while local officials hope that the focus on tourism will grow and support hundreds of families in the region, in La Macarena, Colombia July 9, 2022. REUTERS/Herbert Villarraga Colo...
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