RESIDENTIAL
Why Global Airbnb Trends Matter in South Africa
With over R23.5 billion contributed to the South African economy by Airbnb in 2022, and Cape Town hosting over 700,000 Airbnb guests in 2023, the short-term rental economy is more than a trend— it’ s a crucial part of real estate investing.
1. Regulatory Reforms: From Crackdowns to Compliance
RESIDENTIAL
Why Global Airbnb Trends Matter in South Africa
With over R23.5 billion contributed to the South African economy by Airbnb in 2022, and Cape Town hosting over 700,000 Airbnb guests in 2023, the short-term rental economy is more than a trend— it’ s a crucial part of real estate investing.
1. Regulatory Reforms: From Crackdowns to Compliance
What’ s Happening Globally
Cities like Barcelona, Lisbon, Berlin, and New York are grappling with the dual challenges of housing shortages and over-tourism.
The result? Heavy restrictions on Airbnb listings:
• Barcelona has banned new short-term rental licenses and is moving toward banning entire-home rentals by 2028.
• New York City now requires hosts to register and live on-site for rentals under 30 days.
• Lisbon froze new Airbnb licenses in several neighborhoods to stop rising rent prices.
• Ibiza removed 638 illegal Airbnb listings in 12 months, improving quality but reducing STR supply.
44 REI MAGAZINE APRIL 2025