Study shows increased Airbnb prices for music festivals

There are music festivals all over the world, and many people travel and stay on Airbnbs so they can attend. A study of the British publication Money shows that there has been an increase Airbnb prices from music festivals everywhere.

Money looked at the average prices per night for Airbnb properties at some of the biggest events around the world in 2022, and compared them to the cost of staying at the same residence the week before to show the increase directly related to the event.

The results revealed that the UK Glastonbury Festival 2022 is the world’s highest-grossing music event that Airbnb owners can enjoy, demonstrating a 221.6% increase in the price per night for the event dates compared to the previous week. The multi-genre festival will run from June 22-26 and will be headlined by Billie Eilish, Paul McCartney, Kendrick Lamar and Diana Ross.

Serbia release festival – featuring performances by Sepultura and Napalm Death – came in as the second-highest-grossing music event, with a 145.8% increase in Airbnb rates. America’s Own Coachella was the third highest, with a 135.8% rise in Airbnb property prices. The United Kingdom Reading PartyLollapalooza, Austin city limits and Brazil Rock in Rio have also made the Top 20 results, and some of them haven’t even revealed their full lineup yet.

See a table of results below.

According to Airbnb Help Center, hosts can set a default price per night, which will automatically display for all dates. However, for more popular dates, including weekends, events, and holidays, hosts have the option to customize. A setting called “Smart Pricing” will adjust host rates based on assumed demand for those particular dates.

Guide to rock + metal festivals 2022

Here’s a list of a ton of rock and metal festivals around the world all happening in 2022. They’re listed by date so you can easily see what’s happening next, regardless of when the festival is. year !