Here is How Extremely, EDC and Different Music Festivals Impression Airbnb Costs – EDM.com
Many people have skilled the immense frustration of trying to e-book journey lodging for a large music pageant. However how a lot additional are we spending compared to those that journey to the identical locations on any given day?
A brand new research from money.co.uk analyzed simply how a lot additional we spend on Airbnb lodging throughout music festivals. Whereas the outcomes is probably not surprising, they’re pretty eye-opening for individuals who have not thought twice about how a lot revenue there may be available from an Airbnb reserving throughout pageant season.
This 12 months’s version of Extremely Miami has brought on a 19.1% surge, growing the common Airbnb worth from $456 to $543. Nonetheless, Extremely surprisingly ranks 18th in a complete general enhance compared to different main fests.
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The legendary Glastonbury Pageant takes the cake, leaping from a median of $217 to a whopping $697 and inflicting a staggering 221.6% enhance in Airbnb costs. They’re adopted by EXIT Pageant and Coachella, which trigger 145.8% and 135.8% will increase, respectively. The numbers drop dramatically because the listing strikes additional down, with Eurovision Track Contest solely seeing an 88.6% enhance adopted by Primavera Sound’s 53.% clip.
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A brand new research explores the affect on Airbnb pricing when main music festivals, like Extremely and Glastonbury, come to city.