November 17, 2024 9:24 pm
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Airbnb hosts in Arizona earned $51M in 2016

Photo courtesy of Gustavo da Cunha Pimenta via Flickr

By Steven Totten | Phoenix Business Journal

Airbnb Inc. brought in quite a few guests to Arizona in 2016, which subsequently meant a lot of money.

According to data from the San Francisco-based home-sharing company, Arizona hosts earned $50.9 million in supplemental income from 329,000 visitors.

The number of guests in 2016 was a whopping 152 percent increase compared to the year before. Some of that growth is in part thanks to the legislative actions from the state and Gov. Doug Ducey, who has spent his time in office hyping the sharing economy and its economic benefits to the state.

Continued:

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