Airbnb announced today that Floridian hosts and homeowners earned a combined $810 million in supplemental income while welcoming approximately 4.5 million guest arrivals to the state in 2018 through the platform.
This comes as Floridian homeowners increasingly embrace the home sharing and vacation rental platform as an opportunity to earn supplemental income and make ends meet. There are now over 45,000 Floridian hosts who share their homes via Airbnb, typically earning about $6,500 annually in supplemental income.
Yet, statewide data indicates that Airbnb and its host community appear to be complementing — rather than competing with — the Florida hotel industry. The most recent state-commissioned report demonstrates that Florida hotel occupancy rates, daily prices and revenue have grown steadily even as local hosts welcomed millions of guests. This suggests that vacation rentals are opening up the state to a new slice of prospective tourists by catering to travelers less able to afford hotels, those who desire to stay in neighborhoods or cities that lack hotels, and families who prefer to be together under one roof.
This most recent announcement comes on the heels of previous Airbnb reports documenting the disproportionally positive impact of vacation rentals for Floridian senior hosts as well as for rural Florida counties that lack hotels. At this time, over 932,000 Floridians are Airbnb users (as either hosts or guests).
What follows is an overview of 2018 guest arrivals and total host income, broken down by counties where hosts earned over a combined $1 million.
2018 Florida Host & Guest Data by County
|County||2018 Total Host Income||2018 Total Guest Arrivals|
|Palm Beach||$30.6 million||126,000|
|Saint Johns County||$17.2 million||113,000|
|Santa Rosa||$3.5 million||23,500|
|St. Lucie||$2.4 million||14,000|
|Indian River||$1.9 million||8,900|