Figures from the Office for National Statistics released on Friday show that accommodation contributed more to the UK economy than any other tourism subcategory in 2014, outperforming other subcategories such as air transport, food and drink, travel agencies, sports and culture. James McClure has called the UK the centre of the sharing economy" and his company now has a total economic impact of £502 million (£243million direct spending, £259 million induced spending) and it supports 11,629 jobs. The company"s growth has been huge in the past year with listings having grown 87% this year to 57,000 listings (27,000 of which in London). In addition to its own website, Airbnb also offers an app for Android phones that allows users to rent out their homes on the platform by using credit cards or mobile phone numbers.
James McClure has called the UK the centre of the sharing economy" and his company now has a total economic impact of £502 million (£243million direct spending, £259 million induced spending) and it supports 11,629 jobs. The company"s growth has been huge in the past year with listings having grown 87% this year to 57,000 listings (27,000 of which in London). In addition to its own website, Airbnb also offers an app for Android phones that allows users to rent out their homes on the platform by using credit cards or mobile phone numbers.