R.I. Airbnb hosts rake in $10.8M over summer season

JOE GEBBIA, co-founder of Airbnb and a RISD graduate, said his time at the Providence-based design school helped him grow the accommodation sharing company./COURTESY GREATER PROVIDENCE CHAMBER OF COMMERCE/ CONSTANCE BROWN
JOE GEBBIA, co-founder of Airbnb and a RISD graduate, said his time at the Providence-based design school helped him grow the accommodation sharing company./COURTESY GREATER PROVIDENCE CHAMBER OF COMMERCE/ CONSTANCE BROWN

PROVIDENCE – Local Airbnb Inc. hosts booked stays for 52,900 incoming individuals netting $10.8 million between Memorial Day and Labor Day according to a report released last week by the accommodation sharing platform.

A representative for Airbnb told PBN that the company logged a 68 percent increase in guest arrivals for the summer season year over year.

Airbnb tallied more than 1,700 Rhode Island-based hosts – on average 49 years old, 60 percent of whom are female – which earn on average $7,800 per year over an average 32 nights. Over the past 12 months Rhode Island’s Airbnb host community has netted $18.6 million from the 101,600 incoming guests.

User data also show more than 36,000 Rhode Islanders use the service when travelling themselves.

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“For years, we have seen that the simple act of opening your home to a visitor has unlocked huge opportunities,” said Josh Meltzer, head of Northeast Public Policy for Airbnb in a statement. “Hardworking Rhode Islanders earn extra money, small businesses gain a new customer base, and visitors get to see the state from a local’s perspective.”

The company has collected and remitted state and local sales and lodging tax since 2015.

San Francisco-based Airbnb was co-founded in 2008 by Joe Gebbia, a Rhode Island School of Design graduate.

Emily Gowdey-Backus is a staff writer for PBN. You can follow her on Twitter @FlashGowdey or contact her via email, gowdey-backus@pbn.com.