Flood of AirBnB listings sees hosts income drop by 40 per cent

By Lucy Battersby
Updated October 4 2016 - 8:08pm, first published 7:16pm
There are 1,347 apartments in the City of Melbourne used year-round as short-stay accommodation.

The number of AirBnB listings across Melbourne has increased 40 per cent since the start of this year, leading to a 32 percent decline in average monthly incomes for hosts.