Airbnb hosts in Montreal have been welcoming guests into their homes since early 2009. Over the past five years. Montreal has grown into Airbnb’s largest destination in Canada, due in large part to the hospitality of local Montreal residents, and the rich Quebecois culture.
In 2014, Airbnb undertook analysis to understand the economic impacts of it’s community in Montreal. The findings presented here are based on all travel to Montreal during the year-period from April 2013 to March 2014.
For an overview of Airbnb’s community in Montreal, see Airbnb’s Positive Impact in Montreal.
Overall Economic Impact
Host income and visitors’ daytime spending has a significant economic impact in the economy. Without Airbnb as an accommodation option, 36 percent of guests say they would not have visited Montreal, or not have stayed as long.
Impact on Residents and Households
Airbnb helps many Montreal residents to make ends meet. The typical Airbnb host in Montreal earns $280 per month, renting out her home about 52 nights per year, or just over 4 nights per month. This modest, yet significant amount of income has helped over half of hosts, 54 percent, stay in their homes.
Impacts in Neighborhoods
Airbnb distributes economic impacts to neighborhoods that have not traditionally benefited from tourism spending. With over 85 percent of Airbnb properties located outside of Ville-Marie and Downtown, the two neighborhoods in which more than 50 percent of all hotels are located, Airbnb visitors are staying in and exploring new neighborhoods all around Montreal.
The findings are based on Airbnb bookings data between April 2013-March 2014, as well as host and guest surverys for travel to Montreal during these dates.