bloomberg index
Airbnb Pricing: What’s the Reason for Discrepancies?
Dr Elisa Chan | November 5, 2018
Bloomberg recently released the latest edition of its index which ranks locations around the world – taking into consideration some 120 cities – according to rates charged by Airbnb. Among its main findings were that although Miami and Boston took the top two places for the second year running regarding Airbnb pricing, Middle East destinations are now some of the most expensive in the world, with locations such as Tel Aviv, Dubai, Jerusalem, Riyadh and Kuwait City among the top 15. But how reliable are the data? According to EHL assistant marketing professor Elisa Chan, there is a challenge in understanding how Airbnb sets i...