The airbnb website has confirmed to Mashable that its Chinese listings have increased in the past week, bringing the number of vacation rentals available to nearly two million.
The listing site says that the increase comes from China’s National Tourism Administration (NTIA) announcing that it would allow the site to expand the list of vacation properties in the country.
While it doesn’t mention the increase specifically, it is not the first time Airbnb has brought the number available to more than a million.
In March, the company reported a 10% increase in its Chinese rentals.
Airbnb had previously said that the number was only around 100,000.
As for how much the increase in Chinese vacation rentals may affect the amount of time that you can stay at a hostel in China, Mashable understands that this increase may be a good thing.
According to a report by CNN Money, the number for a one-bedroom hostel will be a minimum of $1,600 per night.
For a two-bedroom, the figure would be about $2,000 per night, for a three-bedroom the figure is closer to $4,000 and for a four-bedroom it would be $6,000 for a total of $17,000 a night.
The hostel would have to rent out space in a room to a guest for the entire stay.
While Airbnb has been working hard to bring its Chinese vacation rental market to more homes in the last year, many of its most popular properties are located in remote regions of China.
This means that the cost of staying in a hostess room can be prohibitive for many of those looking to get away from the city.