Airbnb puts money in the pockets

BANGKOK, July 5, 2019: Airbnb’s host and guest community generated more than 33.8 billion baht in estimated direct economic impact in Thailand in 2018, according to new survey results and the analysis of internal data released Thursday.

The survey also claimed that Airbnb’s host and guest community generated more than $100 billion in estimated direct economic impact across 30 countries in 2018.

Airbnb says its community model is having a significant economic impact for families, businesses and local communities across Thailand, including places that have traditionally been lacking.

According to the survey, 80% of Thai Airbnb hosts say they recommend restaurants and cafes to guests, and on average, Airbnb guests say 46% of their spending is done in the neighborhood where they are staying.

Airbnb’s Managing Director for Southeast Asia, Hong Kong and Taiwan, Mike Orgill, said, “Airbnb’s community of hosts and guests make an important and growing contribution to the Thai economy. As our community of hosts and hotel entrepreneurs grows, this generates more economic opportunities for businesses and local communities throughout Thailand.

Main results from Thailand

Guests who say Airbnb impacted their length of stay added an average of 8.1 days to their trip.

62% of travelers say the environmental benefits of roommates are important in their decision to use Airbnb.

95% of travelers say payment security matters in their decision to use Airbnb.

52% of Airbnb hosts say they recommend cultural activities such as museums, festivals and historical sites to guests.

46% of hosts say hosting has helped them pay for their accommodation.

31% say Airbnb provides the extra income they rely on to make ends meet.

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