Business Magazine

How Much Does AirBnB Take and Give to Local Communities

Posted on the 30 May 2018 by Shorttermrental @HomeRentalExp

How much does AirBnB take and Give to Local Communities ? Whiteout doubt tourism has grown to become one of the largest industries on Earth, more than 10 percent of the world’s gross domestic product. Tourism is the ultimate double-edged sword. If done well, it can do a lot of good. It can boost economies and provide jobs; it can educate both locals and visitors; it can promote international understanding; it can motivate conservation and preservation; and it can be a lot of fun.

Travel demand is only growing larger. According to a 2017 Brookings Institution report, spending by the fast-growing Chinese and Indian middle classes will be about five times that of their North American counterparts by 2030, and much of it will be spent on travel.

What causes such colossal growth? Three powerful trends have contributed to it. Growth in population, growth in global affluence, and growth in technology, from cheaper transportation in jet airliners and mega–cruise ships, to the Internet.

The relative authenticity and sustainability of well-handled home sharing can contribute to creating resilient destinations that retain their distinctive characters over the long term.


How much does #AirBnB take and Give to Local Communities? The Answer is in the link:
Click To Tweet


How much does AirBnB take? Short Answer: 13 Cents on a dollar.

However, after the Airbnb host nets the 87 cents, what happens next? Six cents reimburse cleaning fees. Hosts then spend an average of 35 cents covering their household expenses and rent or mortgage payments.
Survey evidence shows that this income supplement is significant. Over half of all surveyed Airbnb hosts state that their income supplement helped them afford to stay in their homes.

How much does AirBnB take and Give to Local Communities

How much does AirBnB take and Give to Local Communities? Average dollar Spend by Hosts

Hosts spend 13 cents of each traveler dollar on home improvement and renovation. This statistic implies 13 Cleaning fee and Airbnb host and guest fee shares are guest spending weighted averages over all completed reservations with a check-in date in the 2017 calendar year.
Airbnb travel actually can improve the physical housing stock of neighborhoods as hosts reinvest traveler dollars back into their homes. Hosts invest their Airbnb earnings in other key ways, as well. Hosts keep 5 cents on each dollar for their personal savings. Two cents flow to education investments, 1 cent pays for health care, and a little over 1 cent on average is used to support hosts starting new businesses. The remaining 21 cents are spent on other goods and vacations that enable hosts themselves to travel.

Download The Full Report for More details 

Note also that AirBnB take part of its 13 cents from the host and the guest, in this article you can find all the details and a few suggestions for deciding your minimum price  when listing your property in AirBnB


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Maddison Krebs, Real Real Thing Interview & 5 Quick Questions

    Maddison Krebs, Real Thing Interview Quick Questions

    Maddison Krebs has been setting goals for herself since she was a little girl, and with a lot of hard work and perseverance, she's achieving them. The Okotoks,... Read more

    The 21 September 2018 by   Phjoshua
    LIFESTYLE, SELF EXPRESSION
  • Temco TT-1 Super Pinto

    Temco TT-1 Super Pinto

    @ Arlington Municipal Airport, Arlington, TX February 2008 Produced by Texas Engineering and Manufacturing Co. (Temco), the Pinto was originally proposed to... Read more

    The 21 September 2018 by   Htam
    PHOTOGRAPHY, SOCIETY
  • Equity Investment Platform Preparation Best Practices

    Equity Investment Platform Preparation Best Practices

    If you are one of the thousands of entrepreneurs who need equity funding to get your startup going (no loans to repay), you are probably overwhelmed at the... Read more

    The 21 September 2018 by   Martin Zwilling
    BUSINESS, CAREER
  • Keto Boom Means More Options and More Temptation

    Keto Boom Means More Options Temptation

    According to CNN Money, keto is booming. We see it with keto's popularity on social media. And with it's dominance with Google searches. This helps spread the... Read more

    The 21 September 2018 by   Dietdoctor
    DIET & WEIGHT, HEALTH, HEALTHY LIVING, MEDICINE
  • Songs of '78: "Le Freak"

    Songs '78: Freak"

    Considering how dominant disco was in 1978--as I noted way back in February, it was unavoidable that year--not a lot of disco stands out in my memories,... Read more

    The 21 September 2018 by   Russellarbenfox
    SOCIETY
  • Fairy Godmother – ‘Spit It Out’ EP

    Fairy Godmother ‘Spit Out’

    Following the ‘Attic Space’ EP (released by Fox Food Records earlier this year), Alyssa Thomas’ Fairy Godmother project makes a return with ‘Spit It Out’. Read more

    The 21 September 2018 by   Spectralnights
    ENTERTAINMENT, MUSIC
  • My Beauty Routine: Stella

    Beauty Routine: Stella

    While it's fun to read about the beauty habits of celebrities, I find it most helpful to learn about the beauty habits of women who have lifestyles, ages, or... Read more

    The 21 September 2018 by   Wardrobeoxygen
    FASHION, SELF EXPRESSION, SHOPPING

Magazines