Airbnb hosts in Boston have been welcoming guests into their homes since 2009. Over the past five years, Boston residents have formed a vibrant Airbnb community, sharing unique experiences with travelers from around the world.
In 2014, Airbnb undertook analysis to understand the economic impacts of it’s community in Boston. The findings presented here are based on all travel to Boston during the year-period from May 2013 through April 2014.
For an overview of Airbnb’s community in Boston, see Airbnb’s positive impact in Boston.
Overall Economic Impact
Host income and visitors’ daytime spending has a significant economic impact in the economy. Without Airbnb as an accommodation option, 30 percent of guests say they would not have visited Boston, or not have stayed as long.
Impact on Residents and Households
Airbnb helps many Boston residents make ends meet. The typical Airbnb host in Boston earns $8,020, renting out her home about 68 nights per year. This modest, yet significant amount of income has helped more than half of hosts, 53 percent, stay in their homes.
Impacts in Neighborhoods
Airbnb distributes economic impacts to neighborhoods that have not traditionally benefited from tourism spending. With Airbnb properties across more than 25 Boston neighborhoods, Airbnb visitors are staying in and exploring places they might never have otherwise visited.
The findings are based on Airbnb bookings data between July 2013- June 2014, as well as host and guest surveys for travel to Boston during these dates.