142,000 Visitors and $77 Million: Airbnb By the Numbers in DC
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One-bedroom Airbnb rental in Logan Circle.
In late September, legislation was introduced in the District that would heavily regulate the city’s Airbnb industry. Shortly before Thanksgiving, the multi-billion-dollar short-term rental company published a report, perhaps in response to the proposed bills, that illustrates the economic impact that Airbnb has on the nation’s capital.
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Here is a quick snapshot of the report by the numbers:
- $77 million: The amount that Airbnb tourists spent in DC between September 2014 and October 2015.
- 3,600: The number of Airbnb hosts in DC.
- 38: The average age of a host.
- $5,100: Annual earnings for a typical Airbnb host.
- 142,000: The total number of inbound Airbnb guests that DC has hosted over the last 12 months.
- 78%: The percentage of Airbnb listings in DC rented for less than 90 days a year.
- 4.4 nights: Average length of stay for an Airbnb guest in DC.
Curious what it’s like to be an Airbnb host in DC? Check out UrbanTurf’s interview with a local host from this summer.
This article originally published at https://dc.urbanturf.com/articles/blog/142000_visitors_airbnb_by_the_numbers_in_dc/10630.
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