Airbnb drives short-term rental boom in tourist haven Rio
When Carlos Eduardo Muzy first rented his beachside Rio de Janeiro apartment on Airbnb in 2019, he just wanted some extra cash. What he got was a career managing some 100 properties – and a front-row seat to how the tech platform is transforming one of South America's most famous tourist destinations.
In Rio's Ipanema neighborhood, there is now one Airbnb listing for every seven homes, a Reuters analysis of Airbnb data collected by analytics firm AirDNA showed.
In Rio's Ipanema neighborhood, there is now one Airbnb listing for every seven homes, a Reuters analysis of Airbnb data collected by analytics firm AirDNA showed.