To overcome South Africa’s triple challenges of poverty, inequality and unemployment we need inclusive growth. Airbnb is one of the few positive examples of inclusive growth – that is a contribution to a growing economy where the benefits of growth are shared more widely.
The report explores Airbnb’s contribution to inclusive growth in four ways:
- Contribution to economy-wide growth (growth part of inclusive growth);
- Lowering the barriers to tourism entrepreneurship for typically excluded groups (supply-side inclusion);
- Enabling more South Africans to travel within their own country (demand-side inclusion);
- As supply- and demand-side inclusion come together how is Airbnb dispersing the benefits of tourism geographically.
Airbnb added R11 billion to the economy in 2019, and R8 Billion in 2020 - a crisis year for tourism. Moreover the benefits of this growth are increasingly inclusive. Download the infographic of the report and read the full report here