SEOUL, Aug. 19 (Korea Bizwire) — Users of the global house-sharing platform Airbnb Inc. spent US$2.1 billion in South Korea in 2019, the company said Wednesday. The amount accounted for 4.2 percent of total tourist spending in Asia’s fourth-largest economy, with Airbnb users’ median expenditures standing at $445. Airbnb users and hosts contributed $1.91 billion [...]
SEOUL, Jan. 17 (Korea Bizwire) — A majority of South Koreans are in favor of “shared accommodations” in which living space is shared through services such as Airbnb, a global lodging platform, according to a survey. According to a survey of 600 Koreans conducted by David Binder Research (DBR) an American research company, between December [...]
SEOUL, Jul. 23 (Korea Bizwire) — As housing shortages continue and crimes threaten single-person households, shared houses are becoming increasingly popular for their cost-effectiveness and stability benefits. On Monday, the house-sharing platform Come&Stay Co. unveiled the findings of a recent survey that showed that the preference for house sharing was growing fast. The survey was [...]
SEOUL, Feb. 14 (Korea Bizwire) — A total of 2.9 million tourists used Airbnb Inc., a global house-sharing platform, last year, up 56 percent from a year earlier, the company said on Thursday. Seven out of 10 Airbnb users, or some 2.02 million, were locals, with some 156,200 Chinese tourists to South Korea staying at [...]
SEJONG, Jan. 9 (Korea Bizwire) — South Korea said Wednesday that it will allow residents in urban areas to share their homes with local travelers as the government is pushing to give a boost to the sharing economy. By revising the country’s Tourism Promotion Act, residents in urban areas can rent rooms in their houses [...]