Mumbai is yet to embrace the Airbnb culture and model—renting out homes, in part or full, to travelers—in the same way as other prominent global cities. But even in its limited expression in this aspect of the sharing economy, Mumbai is showing its real estate colours: high to middling tariffs that are tempered only by cheap and abundant labour.
Of the 10 cities studied here, Mumbai offers the fewest listings, and London, Paris and New York the most, though it can’t be established from the data when Airbnb first entered each of these cities. There’s also a difference in the type of property offered: Mumbai, more than any other city here, prefers renting out private rooms than entire houses.
Of the 10 cities studied here, Mumbai offers the fewest listings, and London, Paris and New York the most, though it can’t be established from the data when Airbnb first entered each of these cities. There’s also a difference in the type of property offered: Mumbai, more than any other city here, prefers renting out private rooms than entire houses.
Within Mumbai, clusters of listings can be seen in the suburban localities of Bandra West, Pali Hill, Andheri East and Powai.
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