Airbnb owners are charging up to 105% more to stay at their properties during festival weekends, according to new research by www.money.co.uk.
The study investigated the average nightly price of rentals on Airbnb over the dates and locations of the UK’s biggest festivals throughout 2021. The prices were then compared to the corresponding dates of the previous week to reveal which festivals increase Airbnb prices the most.
TRNSMT Festival sees Airbnb hosts in Glasgow charging more than twice as much for their rental properties (104.67% increase) during the festival in comparison to the week before.
TRNSMT is a non-camping festival, meaning alternative accommodation has to be found, which is presumably why it saw the greatest increase in Airbnb prices over the festival weekend.
In second place was Parklife, another festival taking place in a city-centre location with no camping available, so it is no surprise to see Airbnbs in Manchester being booked up quickly, despite increasing rental prices (90.53%).
Tramlines followed behind in 3rd position. The Sheffield based festival saw Airbnb rentals increasing their prices from £132 the week before the festival to £185 during the event, as once again no camping facilities were offered.
As a young rapscallion stranded on an Island, my time is split between writing, performing spoken word, wrestling alligators and delivering uplifting pep talks to hairdressers before they prune me.
I meditate and wash daily when possible.
With the UK music festival season rapidly approaching, there are now more choices than ever before for the weekend raver. Dom Kureen takes a look at some of the most notable events and how they’re shaping up so far.
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June
RHCP: Will bring unpredictable attire and tons of energy to the Isle of Wight Festival.
Isle of Wight Festival
Venue: Seaclose Park, Isle of Wight. Dates: 12-15 June Weekend camping price: £190
Headline acts Red Hot Chili Peppers, Kings of Leon, Biffy Clyro, Calvin Harris, The Specials, Suede.
Venue: Donnington Park, Leicestershire. Dates: 13-15 June Weekend camping price: £215 Headline acts Aerosmith, Linkin Park, Avenged Sevenfold, Fall Out Boy, Rob Zombie.
So there you have it, a baker’s dozen of this summer’s biggest UK music extravaganzas! Let us know in the comments if you’re planning to head to any of the gigs and who you’re looking forward to seeing.
As a young rapscallion stranded on an Island, my time is split between writing, performing spoken word, wrestling alligators and delivering uplifting pep talks to hairdressers before they prune me.
I meditate and wash daily when possible.
