How much does Formula 1 and the Sziget Festival will increase the price of Airbnb accommodation

By: Trademagazin editor Date: 2022. 04. 05. 10:17

How much income can be achieved with apartments rented through Airbnb depends on a lot. In addition to the proximity to tourist destinations or the practical distribution of rooms, events that attract huge crowds to a relatively small area from time to time can also be included here.

Both Formula 1 and the Sziget Festival will increase Airbnb accommodation price

These include international sporting events or major festivals, during which the demand for rental accommodation increases exponentially. Based on an article by Money.co.uk, portfolio.hu examined the extent to which the average rent for Airbnb apartments is rising as a result of growing demand during these events. (portfolio.hu)