South Carolina Airbnb Hosts Earned $36M During Biggest Weekends of 2019

Staff Report From South Carolina CEO

Friday, January 31st, 2020

Airbnb, the world’s leading community-driven hospitality company, announced that its South Carolina host community earned a combined $36 million in supplemental income while welcoming approximately 140,300 guest arrivals to the state for the five biggest guest arrival weekends in 2019, including the Fourth of July, Memorial Day and summer travel weekends.

“Last year was an impressive year for Airbnb in South Carolina, as travelers found unique and affordable accommodations across the state and South Carolina residents recognized the large economic opportunity that hosting presents,” said Viviana Jordan, Regional Policy Manager for Airbnb. “As we kick off 2020, we’re proud of the role our hosts play in expanding hospitality options in the state during peak travel times, while contributing valuable tax revenue. We hope these insights inspire other South Carolina families to consider becoming Airbnb hosts.”

During the five biggest weekends of 2019, Airbnb hosts in South Carolina earned $36 million. These weekends included:

 

2019 Weekend Dates

Total Guest Arrivals

Total Host Earnings 

July 5-7, 2019

29,500

$8.1 million

July 19-21, 2019

29,000

$7.6 million

July 26-28, 2019

28,700

$7.4 million

Aug. 2-4, 2019

28,000

$7.1 million

May 24-26, 2019

25,000

$5.8 million

The home sharing community provides significant value through expanded lodging capacity for South Carolina communities when hotels sell out during big events. These include college graduations, major conventions and concerts, and during summer tourism season.

Along with helping hosts earn important supplemental income, Airbnb also helps generate revenue for local economies around the world. According to an Airbnb survey of more than 35,000 responses from our host and guest community in the United States**

92 percent of Airbnb hosts say they recommend restaurants and cafes to guests.

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

55 percent of Airbnb hosts say hosting has helped them afford their homes.

On average, Airbnb guests say 41 percent of their spending occurs in the neighborhood where they stay.

Unlike other business models that siphon the money they generate out of communities, Airbnb activity directly benefits the communities our hosts call home. Since Airbnb was founded, hosts keep 97 percent and have earned over $65 billion sharing their homes that many use to pay the bills and pursue their passions.