A new global report from Airbnb surveying more than four dozen international and US cities found that guests who used Airbnb to travel spent $6.5 billion in the past year dining out and eating at restaurants. A closer look at the European cities surveyed revealed guests generated €2.5 billion in economic impact for the restaurant industry, nearly €700 million more than 2016.
Guests who used Airbnb in London spent £522 million at local eateries last year. This spend helped London top the global list, beating out cities including New York City ($537M), Paris (€548M) and Tokyo ($468M). The figure also represents a £79 million increase in spending since 2016.
These findings are in line with the recent UK Insights Report which saw the average guest spends £147 a day in the UK with 43% of that amount spent in local neighbourhoods where they stay. Of the six main categories guests tend to spend their money on when visiting the UK, food accounts for 33% of guest spending across the UK.
The global restaurant report analysed guest spending in restaurants in 44 cities within the past 12 months. Read the full report here.