Top 10 hottest districts in China for short-term rentals

By Chen Liubing | chinadaily.com.cn | Updated: 2018-07-06 06:40

China’s shared accommodation market has witnessed skyrocketing growth in recently years. According to the China Sharing Accommodation Development Report 2018 released by the State Information Center, the number of homes used for short-term rentals was about 3 million in 2017, with 76 million people enjoying accommodation service provided by 2 million homeowners. The market transaction scale was about 14.5 billion yuan ($2.23 billion), up 70.6 percent over 2016.

Let’s take a look at the top 10 hottest districts for short-term rentals on Chinese vacation rental platform Xiaozhu Inc.

Fashion hub: Chunxi Road, Chengdu, Sichuan province

A night view of Chunxi Road, one of the major shopping streets in the center of Chengdu, Southwest China’s Sichuan province, is seen on May 13, 2018. [Photo/VCG]
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