As cities across the country face growing deficits, putting jobs and services at risk, Airbnb released a new report analyzing its economic impact in the US. Notably, the report found that travel on Airbnb generated more than $90 billion in economic activity across the US — including in communities without hotels that would not otherwise benefit from tourism spending. But how big is the economic impact of Airbnb in Arizona?
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In Arizona alone, Airbnb helped generate approximately $3.4 billion in 2024, including:
- An estimated 42,000 jobs supported by guest spending
- An estimated $2 billion in labor income
- Approximately $867 million in total tax revenue
In fact, the typical Airbnb guest in the state spent an additional $830 on restaurants, entertainment, shopping, and other local businesses on their trip, helping to bring tourism spending to communities and supporting local economies.
Airbnb’s economic impact in the US in 2024
- Airbnb guest spending supported more than one million US jobs.
- The typical Airbnb guest spent more than $775 per trip on restaurants, entertainment, shopping, and other local businesses — and nearly 50% of guest spending stayed in the neighborhood of their Airbnb.
- Travel on Airbnb generated over $25 billion in total tax revenue across the US, including $2.4 billion in tourism-related taxes.
