Contact — Lodgex

National Economic Contribution

Airbnb’s U.S. Impact for 2024

$90 Billion in Total Economic Activity
$25 Billion in Tax Revenue Generated
>1 Million Jobs Supported Nationwide
$775 Average Guest Spending Per Trip (excluding lodging)
Nearly 50% of Guest Spending Occurred Outside of Hotel Districts

Over-Regulations Impact to Major Cities:

Strict STR rules led to these cities losing billions in economic activity, including over $1B in forgone guest spending at local restaurants, shops, and entertainment venues.
Local businesses that support STRs, such as cleaners, maintenance providers, and laundry services are also missing out, having potentially lost over $150M last year in revenue from these four cities alone.
Hotels were found to be the primary beneficiary of strict STR laws at the expense of nearly everyone else. As travel demand remained strong, fewer accommodation options were available pushing hotel prices higher - forcing many guests to spend more on lodging and less in the communities they came to explore. All without a meaningful impact on housing affordability or availability.
New York City’s Local Law 18 (banning STRs), for example, pushed rents to record heights while vacancy rates remained unchanged.

Economic Activity Loss from STR Regulation in Millions