One million individuals are required to go to the San Francisco Bay territory for Super Bowl 50, and a few local folks are planning to turn their homes into money-making renting lodges and make the most out of the season.
The current cost for leasing a luxury house close where the champion football game will be played can surpass the nation's median per capita income of $28,155. The guarantee of that sort of payday is encouraging a few mortgage holders to try things out of short-term rental arrangements like Airbnb.
a luxury 8,500-square-foot home in San Jose, advertised for $10,000 a night. A 400-square-foot bungalow in the same city is going for $3,900 for the three-night weekend. A four-room flat close San Francisco's "Super Bowl City" is recorded at $1,495 a night, with a base six-night sit tight.
Despite the fact that Airbnb doesn't have an exact gauge on what number of individuals have been impelled by the event to join as hosts, the San Francisco-based startup says that interest for Super Bowl lodging in its home turf is three times higher than it was for the 2015 game, which was held in Arizona.
According to tripping.com, vacation rentals will rise 150 percent amid the week of the Super Bowl.
Whether clients will pay such costs is questionable, even in a territory where lodging rooms are constrained for the week-long event. Of an expected 50,000 hotels room and other traditional lodging in the nine-region Bay Area, the NFL has booked almost half for players and their families, authorities and representatives, as indicated by the local bowl organizing committee.
Accordingly, the quantity of postings on conventional home-sharing locales, for example, Airbnb and HomeAway has taken off. By, interest is around three times more noteworthy than for a year ago's Super Bowl in Arizona, with homes closer to the stadium recorded at higher costs than units in famously apartment-pressed San Francisco.