North Carolina Airbnb hosts have earned $1.4 billion since 2010, company report finds

North Carolina Airbnb hosts have earned $1.4 billion since 2010, company report finds

The typical host who chooses to list property on Airbnb earned more than $8,000 in the first three quarters of 2021, a new report from Airbnb found, and 60% of hosts on the platform identify as women.

The data analyzed by the report’s authors also revealed that individuals with properties in North Carolina who host Airbnb guests through the Airbnb platform have generated about $1.4 billion in earnings since 2010.

The company announced its report ahead of an event held in December 2021.

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The company’s report notes that more than half of the U.S.-based hosts, or those who list property for short-term guest stays, reported earning less than $100,000 in total household income across all income sources.

And, according to the company, the dollars spent during a guest’s visit tends to stay in the host’s local economy, with 54% occurring in neighborhoods close to the property.

The nature of hosting and visiting may also be changing, the report suggests, as more guests are considering long-term stays, or periods of longer than 28 days, in non-city locations across the country.

“Long-term stay growth also has shifted to non-urban areas,” the report reads.  “Together, these income and geographic patterns represent a flow of tourism dollars from US cities almost exclusively to working people in more rural areas of the country,” the report states.

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Kassie Hoffman
Kassie pens down all the news from the world of politics on ANH.