Airbnb & the Western Isles

In March 2017, Airbnb was valued at $31 billion. By the end of April 2020, due to the coronavirus pandemic, the value had dropped to $18 billion. Last week, the company was forced to lay off 25% of its staff, nearly 1,900 people. A Scottish Government study (Here), conducted last year, found that there were over 500 active Airbnb listings in the Western Isles, the second greatest increase in registered properties only behind Edinburgh.   

Continue reading “Airbnb & the Western Isles”