Florida Airbnb hosts earned $450 million, welcomed 2.7 million guests in 2017

Airbnb Florida, the Sunshine State’s leading community-driven hospitality company, announced today that its Florida vacation rental hosts  earned a combined $450 million in supplemental income while welcoming approximately 2.7 million guests  to the state in 2017.

The 2.7 million guests to Florida represent 75% year-over-year growth. This comes as state residents increasingly embrace the vacation rental platform as an opportunity to earn income and expand their community’s lodging capacity. There are now nearly 40,000 Floridians who share their homes or vacation rentals through Airbnb, with each host typically earning about $6,700 annually.

“Vacation rentals provide a tremendous impact for the local tourism industry and Florida’s overall economy. We must protect private property rights so that Florida homeowners can continue to participate in the sharing economy and provide additional options for travelers to our state.”

– Sen. Greg Steube (R-Sarasota)

Statewide data indicates that the vacation rental community is complementing — rather than competing with — the Florida hotel industry. Florida hotels experienced strong growth in occupancy rates, prices and revenue during 2017 — in parallel with vacation rental growth for the year. This suggests that vacation rentals on Airbnb and other platforms are opening up the state to a new demographic of tourists by catering to travelers who are less able to afford hotels, those who desire to stay in neighborhoods or cities that lack hotels, and families who prefer to vacation together under one roof.

“We are proud to contribute to Florida’s record-setting tourism by opening up the state to new segments of visitors,” said Jennifer Frankenstein-Harris, President of the Florida Vacation Rental Management Association (FVRMA). “We are committed to partnering with the Governor and lawmakers to further infuse Florida’s economy with additional revenue and elevate Florida’s status as a global hub for family-friendly tourism.

In addition to the new personal income going into the pockets of Florida hosts, the vacation rental community is also generating new public revenues that benefit the state and dozens of local communities through  tax agreements that allow Airbnb to collect and remit taxes on behalf of its hosts. Airbnb is currently authorized to collect and pay the state sales tax on all bookings in Florida, in addition to collecting and paying  local bed taxes in 39 counties. In 2017 alone, Airbnb secured new tax agreements with six counties: Miami-Dade, Broward, Sarasota, Polk, Hillsborough and Leon. The company will release a 2017 county-by-county tax report once the December taxes are remitted.

Additionally, Airbnb Florida wishes to again thank the hundreds of Florida hosts who stepped up to offer their properties for free to Irma evacuees following the activation of Airbnb’s Disaster Response Program.

What follows is an overview of 2017 guest arrivals and total host income, broken down by the top 20 counties in Florida (in terms of guest arrivals).

2017 guest arrivals and total host income

County Total 2017 Guest Arrivals Total 2017 Host Income
Miami-Dade 667,200 $134.6 million
Osceola 358,400 $39.6 million
Broward 239,600 $45.7 million
Orange 229,500 $25 million
Pinellas 140,200 $24.5 million
Polk 101,600 $10.5 million
Hillsborough 78,700 $10.4 million
Palm Beach 72,500 $17.1 million
Bay 69,300 $12 million
Sarasota 67,100 $13.3 million
Monroe 65,700 $13.6 million
Saint Johns County 64,800 $8.8 million
Lee 63,800 $13.2 million
Volusia 51,100 $7.5 million
Brevard 45,500 $6.5 million
Okaloosa 45,200 $8.5 million
Duval 42,600 $6.1 million
Walton 41,200 $8.5 million
Collier 35,400 $8.1 million
Escambia 31,700 $4.6 million