Wyoming Airbnb hosts earned $13.2 million, welcomed more than 77,000 guest arrivals in 2018

WYOMING — Airbnb, the world’s leading community-driven hospitality company, announced today that its Wyoming host community earned a combined $13.2 million in supplemental income while welcoming approximately 77,800 guest arrivals to the state in 2018.

This comes as Wyoming residents increasingly embrace the home sharing platform as an opportunity to earn meaningful extra income and make ends meet. There are now approximately 1,600 Wyoming hosts who share their homes via Airbnb, typically earning about $5,600 annually in supplemental income – and 21% of these hosts are 60 years or older, highlighting how many seniors are turning to home sharing to earn supplemental income to age in place.

Additionally, the state is receiving new revenue due to a a tax agreement with the State of Wyoming, through which Airbnb collects and remits the state sales tax, municipal sales tax, local lodging taxes and the state-administered resort district tax, on all eligible bookings. Airbnb recently announced its community generated approximately $1.1 million in tax revenue during the first year of this agreement (August 1, 2017 through July 31, 2018).

The home sharing community provides significant value through expanded lodging capacity for Wyoming communities when hotels sell out during big events and popular weekends. These include Cheyenne during Frontier Days, Jackson Hole during festivals, and communities near the state’s beautiful national and state parks during peak visiting season.

What follows is an overview of 2018 guest arrivals and total host income, broken down by county.

County Total 2018 Guest Arrivals Total 2018 Host Income
Teton 26,700 $8.3m
Park 11,800 $1.2m
Laramie 7,800 $785,200
Albany 5,700 $519,100
Lincoln 4,900 $478,300
Natrona 3,600 $310,700
Fremont 3,200 $349,100
Sheridan 2,200 $282,600
Sublette 1,900 $204,200
Campbell 1,400 $91,000

 

Do NOT follow this link or you will be banned from the site!