PROVIDENCE – In 2018, approximately 165,000 guest arrivals were logged via Airbnb in Rhode Island, resulting in roughly $29 million in income for Rhode Island hosts.
The hosting platform allows property owners to rent out their homes on Airbnb’s online marketplace.
In 2017, there were approximately 114,700 guest arrivals logged by Airbnb in Rhode Island, resulting in $20.8 million in income for hosts on the platform.
The company said there are now 2,200 Rhode Island hosts who share their homes via Airbnb, typically earning about $8,400 annually in supplemental income.
Airbnb also provided data by county for 2018. The county with most guest arrivals in the state was Newport, with 62,900 guest arrivals, resulting in $14.4 million in host income. The second-most guest arrivals occurred in Providence County at 58,500 arrivals, resulting in $7.5 million in income for hosts. Washington had the third-most guest arrivals in the state at 31,500 arrivals, generating $6.1 million in host income, followed by Kent County at 7,900 guest arrivals, resulting in $1 million in income, and Bristol County, with 4,200 guest arrivals, which generated $695,900 in host income.
Bristol County, Mass., logged 16,200 guest arrivals in 2018, netting hosts $3 million.
County data was not available from 2017.
“2018 was another great year for Airbnb in Rhode Island, with more local residents and small businesses able to benefit from the economic opportunities created by home sharing than ever before,” stated Josh Meltzer, head of Northeast public policy. “As we reflect on this past year and celebrate the beginning of a new one, we are proud to have played a small role in countless memories and cultural exchanges statewide – from summer trips and leaf peeping to college commencements and the holiday season.”