Airbnb, the world’s leading community-driven hospitality company, announced hosts in Arizona using its platform earned a combined $50.9 million in supplemental income, while welcoming 329,000 visitors to the Grand Canyon State in 2016.

The 329,000 guest arrivals represent a 152 percent growth over the year before. This comes as Governor Doug Ducey and Arizona have embraced the sharing economy through its landmark short-term rental legislation and the Department of Revenue’s agreement with Airbnb, which allows the platform to collect and remit taxes on behalf of all their hosts and guests in the state.

Airbnb enables Arizona property owners to turn one of their greatest expenses – their home – into a tool to earn money to make ends meet. In 2016, the number of active hosts in Arizona grew to 7600 – a 61 percent increase over the year before. The typical host in Arizona earns $4,900 per year sharing his or her home for 42 nights a year. 25 percent of hosts are sharing a private room in their house and the fastest growing demographic nationally among Airbnb hosts are senior women.