Airbnb London prices soar as UK eyes curbs in tourist haunts

The upmarket neighbourhoods of Westminster and Kensington & Chelsea, popular with office workers and tourists, are the most expensive boroughs. — Photo by Robert Bye on Unsplash

The cost of renting an entire London home on Airbnb Inc has jumped as demand from tourists rises and the number of listings lags pre-pandemic levels.

The bounce back from the pandemic means the median rate per night for an entire property is about 25% higher than it was in 2019, according to Inside Airbnb, which collects data from listings on Airbnb Inc’s website.