Rwanda: Could Airbnb Take Over Rwanda's Housing Market?

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Rwanda: Could Airbnb Take Over Rwanda's Housing Market?
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There is a chance that if you have traveled in the past for a vacation or even work, at some point you have rented, considered renting an Airbnb, or someone has recommended it.

That is what Airbnb, an American company operating an online marketplace for short- and long-term homestays and experiences, has done to the housing market everywhere across the world.

The platform is widely enjoyed for its access to holiday lets ranging from single rooms to entire properties, varying in quality and affordability, and offering a markedly different experience to that found in a hotel.Honorine Umutoni, a Kigali resident who has put up one of her three rooms for rent on the platform, said being single, many of her rooms are unoccupied and it only made sense to venture into this form of income-generating business.

He anticipates making much more during summertime from the seven rooms he listed on the platform. This has created visibility for his rentals which mostly attract foreigners who travel or visit Rwanda for short or long-term. Rather, he added that Airbnb hosts should endeavor to give standard services and adhere to safety and security measures for their clients to further improve this type of business and make meaningful contribution to the economy.by an American Airbnb host in Musanze District. The case was handled by the Rwanda Investigation Bureau and the Airbnb company would later follow it up.

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