Airbnb hosts turn to leasing to stem losses


Angie Tan

Kuala Lumpur is a tourist-focused market but with the city ‘dead’ from few visitors, many Airbnb hosts are offering discounts. – AFP pic, June 19, 2020.

WITH the  industry reeling amid the Covid-19 pandemic, hosts on the Airbnb platform are starting to offer medium- to long-term leases to lessen their financial burden.

The Malaysian Insight learnt that owners of homestays and holiday rentals are employing various methods to attract tenants amid the movement-control order (MCO) period.


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