E-Commerce

The Future of Short-Term Rentals and How the Government Can Enhance Revenue Collection

Airbnb has become a market leader in Kenya’s Short-Term Rentals (STRs) sector, with investors specialising in these accommodations. The number of listings in Kenya has grown significantly, with 6,500 in 2018, a 121% annual growth rate, 40% higher than the global rate. The COVID-19 pandemic significantly reduced the number of listings to 5,554 in 2020. […]...