Sign up for our free newsletter
Home-sharing company Airbnb has made no secret of the benefits it brings to District residents, having launched a local advertising campaign last month. Now, in a report released today, Airbnb says its D.C. hosts earned more than $53 million using the platform from October 2015 to October 2016—generating over $10 million in tax revenue.
The report comes as the company tries to convince regulators in the region and across the country that it should continue being treated distinctly from the hotel industry and that it introduces tourism and other economic activity to major cities. It also reveals key demographic information about the District’s Airbnb hosts and guests. According to the company, the average D.C. guest spent 4.4 nights and $136 a day on their stay, while the average D.C. host brought in $3,400 annually and served guests for 32 nights at their listing. There were roughly 236,000 guest stays last year.
Founded in 2008, Airbnb has operated in the District since 2009. Over the reporting period, 4,400 residents hosted, showing an average age of 39 and a slight female majority (54 percent). Many D.C. Airbnb hosts have lived here for a long time, the company says: 13 years on average. More than 75 percent are renters.
As for guests, an average of 2.2 stayed at a given home, with the vast majority (96 percent) having fewer than four guests in their party. Over three-quarters were recorded as domestic travelers, followed by 13 percent from Europe.
Perhaps the biggest selling point for Airbnb in the District is that “37 percent [of guests] would not have come or not have stayed as long without Airbnb” while “76 percent [of guests indicated that] Airbnb makes them more likely to return.”
The full report, which includes “case studies” for specific neighborhoods, can be found here. Highlights follow below.