Tuesday 15 June 2021

Airbnb Rentals Offer Cuban Residents Much-Needed Extra Income

In its annual report on Cuba, Airbnb highlighted the economic contribution that its platform provides to Cubans. (Flickr)

TODAY CUBA – Airbnb has been growing in popularity in Cuba, with island residents earning around US US$40 million since April 2015, the company said.

- Advertisement -

Airbnb — which allows users to rent out their homes, apartments and spare rooms — started operating in Cuba in 2015. Since then, it has been one of the fastest-growing markets, ranked ninth overall with 22,000 properties in 70 localities around the country.

Airbnb co-founder Nathan Blecharczyk in La Habana (Havana) in June 2015. Desmond Boylan AP

In 2016, just over 12 percent of American visitors stayed in spaces rented through Airbnb. Around 560,000 tourists have sought accommodation in Cuba through the site since April 2015. Much of that boom in activity is a result of the United States’ decision to reopen relations with the island government, despite its poor record maintaining human rights standards.

- Advertisement -

“For the first time in decades, some authorized American travelers were able to break bread with Cuban hosts at kitchen tables across the island,” an Airbnb report said.

The average reservation price ranged between US $164 and US $2,700 per year. Cubans rent their property either partially or completely for approximately 33 nights out of the a year. As for owners, Airbnb’s study revealed that the average age of Cuban users is 43 years old, and that 58 percent are women.

“It’s not only travelers who visit Cuba who benefit, but also many Cubans who have never met foreign visitors, especially Americans, and have discovered that dialogue and mutual understanding work,” the report said. “US guests or tenants are the best ambassadors of the values of entrepreneurship and freedom.”

Airbnb also highlighted the economic situation that Cubans live in: “In a country where the average worker earns US $30 a month, the additional income via Airbnb offers economic benefits.”

Source: El Nuevo Herald

- Advertisement -

Article originally appeared on Today Cuba and is republished here with permission.

- Advertisement -

We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Costa Rica Say No More Projects with UNOPS

The controversy generated by the United Nations Office for Project Services...

Central America and U.S. Travel Alerts: Costa Rica At Lowest Risk Level

In its new warning system for tourists, the US government included...


5.7 Quake jolts Costa Rica

2021-06-10 17:27:0.5, Magnitude: 5.76, Depth 10.0 km, Epicenter: 95.5 km Southwest Malpais de Puntarenas. The jolt was felt also in the Central Valley. No reports...

Today’s Vehicle Restriction: June 13, “EVENS”

Today, Sunday, June 13, only EVENS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

Quepos flooded by heavy rains (Photos)

QCOSTARICA - The residents of the Central Pacific endured heavy rains Monday afternoon, June 7, hardest hit the town of Quepos, where the streets...

Europe opens the doors to tourism, these are the requirements

Q TRAVEL - Europe opened the doors to tourism. While worldwide vaccination against covid-19 advances above the levels of each country, the restrictions are...

Central America is back in the news for the wrong reasons, Costa Rica is once again the exception

QCOSTARICA - Osta Rica has been the epicenter of regional diplomacy in recent days. The successive visits of the Secretary of State of the...

Bribed with cars, sexual favors and money in exchange for road works contracts

QCOSTARICA - The OIJ uncovered a big pothole on Monday when it was announced that public officials had allied with construction companies that, apparently,...

Today’s Covid News: Contagion rate in Costa Rica remains unchanged in the last week

QCOSTARICA - The contagion rate of covid-19 in Costa Rica in the last week did not change, a fact that is seen for the...

El Salvador Makes Bitcoin Legal Tender, A World First

Q24N (Reuters) El Salvador has become the first country in the world to adopt bitcoin as legal tender after Congress approved President Nayib Bukele's...

Direct flight will connect Guanacaste with Austin starting in November

QCOSTARICA - American Airlines announced that starting November 2, 2021, it will offer a direct flight between Austin, Texas and the Daniel Oduber International...


Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Article originally appeared on Today Cuba and is republished here with permission.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.