Airbnb Activity in San Antonio, March 31-April 3
Thousands of college basketball fans are heading to San Antonio this weekend for the men’s college basketball tournament, leading to the busiest week for Airbnb in San Antonio in history. There will be 5,000 Airbnb guest arrivals, a 96% spike over the following week, generating an estimated $2.4 million in economic activity, according to Airbnb booking data.
With four college basketball teams and their fans traveling to San Antonio for the tournament’s final weekend, the Airbnb community is seeing an uptick in activity. There will be more than 5,000 Airbnb guest arrivals in San Antonio from March 31 through April 3.
The tournament is also leading to a big spike in guest arrivals from states where participating teams are located, including Illinois (48%), Kansas (50%), Michigan (495%), and Pennsylvania (263%). The top states for inbound guest arrivals are Texas, California, New York, Illinois and Michigan.
Airbnb activity will generate an estimated $1.8 million in estimated guest spending and $600,000 in host income over the four-night period, for a total of $2.4 million in estimated economic activity. The typical host will earn $350 during the tournament. And with more than 40 percent of Airbnb guest spending done in the neighborhood in which a guest stays, this drives dollars to businesses in neighborhoods that haven’t traditionally benefited from tourism.
“The opportunity to attend the tournament is a once in a lifetime experience. Airbnb provides an affordable way for alumni, students and basketball fans an opportunity to travel to see their teams play in San Antonio,” said Laura Spanjian, Airbnb Public Policy Director for the Southwest. “Our host community is very excited to share their homes with fans and earn a little extra money at the same time.”
Many travelers are planning to save money by looking for alternatives to expensive hotels and are instead using home sharing platforms like Airbnb for their stay. The typical nightly price of a booked Airbnb listing this week is $95.
Airbnb has a long history of helping cities accommodate an influx of guests for big events, from sporting events, to music festivals and graduations—and hosts, guests and local communities benefit. For fans who travel long distances, the availability of Airbnb listings gives them the opportunity to see their favorite team while also enjoying all the comforts of home. Guests live like a local when they stay on Airbnb, while saving money on costs like parking and wifi.
|Guest arrivals from team states||Increase in guest arrivals over March 24-27|