Airbnb top landlord rakes in £11.9m by renting out 881 London homes
The landlord makes the biggest income as an individual but Bali brings in the most money as an area followed by Tokyo, Cape Town, Paris and Barcelona
THE world's most successful Airbnb landlord raked in £11.9 million in just one year by renting out his 881 properties in London.
But while he made the largest income as an individual, research reveals Bali is the area bringing in the most cash.
And a lucky landlord who rents out 504 properties in Bali took home £11.8 million in the space of a year - making him the world's second most successful.
According to research by AirDNA, other top-earning landlords were based in Tokyo, Cape Town, Paris, Havana, Sydney, Barcelona, Madrid and Melbourne.
AirDNA CEO Scott Shatford told that Airbnb is "no longer community just for individuals renting out their space or properties on their own."
He explained: "We're seeing traditional property management companies operating as many as 1,000 listings.
"These numbers don't show a multimillionaire sitting on a gold mine. These are businesses that have emerged in this new economy, with hundreds of employees, managing other people's second homes."
According to the AirDNA data, the highest earnings are for landlords in Bali, where the average income is £31,294 a year.
Second place is Tokyo, where the average is £27,581, while Barcelona is third with an average of £21,807.
Airbnb said a typical British host earned £3,000 by letting out rooms or homes for three nights a month and warned the AirDNA data should not be considered official.
AirDNA said globally, 65 per cent of hosts are individuals and 35 per cent are management firms, but Airbnb said 80 per cent of hosts in the UK are using their "primary home".
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