Airbnb

Since its inception in 2008, Airbnb has taken the global market by storm. In 2018, a report by the Airbnb platform ranked Nairobi third, among the top cities in Africa with the highest number of listed Airbnb facilities. Currently, Kenya ranks in the top ten most visited and trending tourist destinations in Africa despite the Covid pandemic that disrupted many businesses in the country. In 2021, the Tourism Regulatory Authority (TRA) enacted new regulations on the registration and licensing of Airbnb facilities in Kenya. The regulatory stated that the new regulations were prompted by the dynamic and emerging traveler trends that necessitated different concepts in the local and global spheres.

Airbnb was formerly referred to as “Air bed and breakfast” and was created in 2008 as a cheaper means of accommodation for the average customer of the hotel industry.

Airbnb was formerly referred to as “Air bed and breakfast” and was created in 2008 as a cheaper means of accommodation to the average customer of the hotel industry. It’s an online platform that connects individuals who want to rent out their homes to people who are looking for accommodations in that locale. It currently covers more than 100,000 cities and 220 countries worldwide and justifiably...