Airbnb Citizen (the advocacy arm of Airbnb) is reporting that home-sharing among its members across the Midwest of the United States is surging. Citing a series of reports about Airbnb usage across 11 states, they conclude that economic activity is vibrant and in smaller towns can be more pronounced. In addition, the post features full usage reports for each of the 11 states….It’s worth a look for investors thinking about getting into short-term rentals.
A few takeaways:
- Michigan’s 188,000 guest arrivals last year represent 136% year-over-year growth
- Wisconsin’s host community has grown 73% to 2,600 people
- Ohio’s 130,000 guest arrivals represented 173% year-over-year growth and their host community more than doubled in size, growing 129% to 4,300 people.
- Iowa’s 28,000 guest arrivals represent 188% year-over-year growth, and Airbnb’s Iowa host community nearly doubled in size to 700 people in 2016.
Click here to read the full report.
