The impact of the sharing economy on the short-term rental market in the region
- Turkey, Morocco, and the UAE are the biggest regional markets for the budding homesharing sector
- The total number of Airbnb hosts in the entire MENA region is currently still equal to that of Airbnb hosts in London alone
In this Insights at the Edge of Government Analysis Flash, we look at the impact of the sharing economy on the short-term rental market in the MENA.
Based on the number of Airbnb hosts across the region, Turkey, Morocco, and the UAE are the biggest regional markets for online platforms that link property owners with short-term lessees.
However, the total number of Airbnb hosts in the entire MENA region is similar in size to the number of Airbnb hosts in London alone. The MENA is a key potential expansion market where sensible sharing economy regulation and partnerships between cities and technology companies can mean significant benefits for local communities and businesses that promote large scale national economic opportunity generation.