The impact of the Airbnb community in Houston
Key Takeaways
- 56% of Houston hosts say their Airbnb income helps cover the rising cost of living.
- Airbnb hosts and guests in Houston helped generate an estimated $1.6 billion in GDP to the Houston economy.
Key Takeaways
- 56% of Houston hosts say their Airbnb income helps cover the rising cost of living.
- Airbnb hosts and guests in Houston helped generate an estimated $1.6 billion in GDP to the Houston economy.
In Houston, Airbnb is an important economic tool for residents who share their home in order to earn extra money. Home sharing allows many Houstonians to keep up with increased costs of living, inflation, and rising mortgage rates.
Hosting on Airbnb is a vital source of supplemental income for many local residents. According to a survey of Hosts in the Houston metropolitan area1 :
56%
Of Houston hosts say their Airbnb income helps cover the rising cost of living
32%
Said the income earned through hosting has helped them stay in their home
10%
Said hosting helped them avoid foreclosure or eviction
By welcoming guests who spend money at small businesses, restaurants, and attractions, hosts in Houston help support their local communities and Houston’s tourism economy. In 2023 alone:
1.9M
Guests welcomed to Houston in 20232
$1.6B
Total economic contribution to GDP in Houston3
$250
Spent per guest per day in Houston4
Airbnb hosts help generate valuable tax revenue. Taxes driven by travel on Airbnb are vital sources of funding for government services and directly benefit Houston residents.
$401M
In estimated total tax revenue in Houston in 20235
$8.5M
In local hotel occupancy taxes in the City of Houston in 20236
$25.7M
In local hotel occupancy taxes to the City of Houston to date7
At Airbnb we are committed to building effective tools and policies to support community safety, responsible travel, and thriving neighborhoods. Since 2020 we have implemented:
- Over 50% decrease in party reports to us globally since 20208
- 24/7 Neighborhood Hotline
- Global party ban policy that prohibits disruptive and unauthorized parties