Cardiff Airbnb owners nearly doubled prices ahead of Wales v France game on Friday

Cardiff’s Airbnb prices soared by more than 80% ahead of the Six Nations game against France on Friday, a study has found.

The study analyzed the average cost per night of an Airbnb on the dates of the world’s most popular sporting events in 2022, such as the Kentucky Derby in the United States and the British Grand Prix at Silverstone near Milton Keynes.

The Welsh rugby team take on the Blues at Cardiff’s Principality Stadium on Friday night, kicking off at 8pm.

A highly anticipated game, many are expected to travel to Cardiff and perhaps stay in the capital, meaning some people who live close to the sports venue are able to earn good rental income via online marketplaces for football. accommodation such as Airbnb.

Read more: France name formidable squad to face Wales as star winger returns and Antoine Dupont declared fit amid Covid disruption

In the week leading up to the event, the average cost of an Airbnb in the same area was also taken into account to demonstrate the price difference and reveal the impact of sporting events on Airbnb prices.

Wales take on France

According to the study, the Wales v France Six Nations match taking place in Cardiff this week saw the 12th biggest impact on Airbnb rental prices for sporting events in 2022.

Airbnb prices were up 84.8% ahead of the March 11 event, with prices averaging around £671 per night from £363 the previous week.

Cardiff Bay in April last year (2021)

By comparison, the annual golf tournament, PGC Championship, which will be held in Tulsa, USA this year, saw a 597.5% increase ahead of the May event, with average prize money of £1,123 per night against costs of £161 on average in the city in early May.

Another major event was the Belgian Grand Prix in Stavelot, Belgium, which had the 11th biggest impact on Airbnb rental prices. While an Airbnb costs an average of £227 in the city in August, prices are up almost 93.8% to £440.

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