Connect with us

Tourism

Airbnb estimates direct economic impact in Thailand exceeds 33.8 billion baht

Thaiger

Published

 on 

image
image

• 80 percent of local Airbnb hosts saying they recommend restaurants and cafes to guests

• Airbnb guests saying that 46% of their spending occurs in the neighbourhood where they stay.

According to new survey findings and an analysis of internal data released today, Airbnb’s host and guest community generated over 33.8 billion baht in estimated direct economic impact in Thailand in 2018. The survey also found that Airbnb’s host and guest community generated over USD$100 billion in estimated direct economic impact across 30 countries in 2018.

Importantly Airbnb’s community-based model means this significant economic impact is shared by local families, businesses and communities across Thailand, including those places that have traditionally missed out. According to the survey of hosts and guests in Thailand, 80% of local Airbnb hosts say they recommend restaurants and cafes to guests, and on average Airbnb guests say 46 percent of their spending occurs in the neighbourhood where they stay.

Mike Orgill, General Manager for Southeast Asia, Hong Kong and Taiwan, Airbnb shared, “The Airbnb community of hosts and guests makes a large and increasingly important contribution to Thailand’s economy. As our community of hosts and hospitality entrepreneurs grows, it generates more economic opportunities for local businesses and communities right across Thailand.”

Other key findings from the survey of local hosts and guests in Thailand include…

• Guests who say Airbnb impacted the length of their stay on average added 8.1 days to their trip.

• 52% of Airbnb hosts say they recommend cultural activities such as museums, festivals and historical sites to guests.

• 46% of Airbnb hosts say hosting has helped them afford their homes.

• 31% of hosts say Airbnb provides supplementary income they rely on to make ends meet.

• 62% of guests say the environmental benefits of home sharing matters in their decision to use Airbnb.

• 95% of guests say the security of payment matters in their decision to use Airbnb.

Airbnb estimates direct economic impact in Thailand exceeds 33.8 billion baht | News by Thaiger

 

Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forum
🔔 Subscribe to our daily newsletter
📺 Subscribe / Join for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram

image

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

If you have story ideas, a restaurant to review, an event to cover or an issue to discuss, contact The Thaiger editorial staff.

Follow Thaiger by email:

Coronavirus (Covid-19)11 hours ago

Wednesday Covid Update: 4,886 new cases; provincial totals

Thailand11 hours ago

Thailand News Today | Substandard masks, PM to decide on Omicron, lingerie worker demands | Dec 1

Southeast Asia11 hours ago

Vietnam to welcome fully vaccinated tourists from Thailand this month

Sponsored19 hours ago

Hungry Hub Bangkok Rooftop Festival 2021

advertiseadvertise
Southeast Asia11 hours ago

Myanmar junta likely to be temporarily barred from the UN, along with Taliban

Coronavirus (Covid-19)11 hours ago

Hospital warns not all PCR tests properly detect Omicron variant

Thailand12 hours ago

Thailand’s exclusion from US Summit for Democracy could impact foreign investment

image
Join the conversation on the Thaiger Talk forums today!
Tourism12 hours ago

TAT predicts 500,000 travellers before 2022, 133,000 arrived so far

Thailand12 hours ago

Kanchanaburi park ranger reportedly stabbed co-worker, shot himself

Crime13 hours ago

Former Deputy PM Suthep indicted over construction contracts

Transport14 hours ago

New variant casts shadow over Thailand Motor Expo, concerns outbreak could affect the industry

Thailand15 hours ago

Thai porn industry, Forget about Pattaya nightlife, Hualampong station | Thaiger Bites | Ep.72

Transport16 hours ago

Cabinet sets aside over 5 billion baht to improve Bangkok’s public transportation

Drugs16 hours ago

Men arrested at Bangkok airport for allegedly smuggling drugs valued at 95 million baht

Thailand16 hours ago

Victoria’s Secret Thailand supplier faces labour abuse by laid off workers

Coronavirus World18 hours ago

Health officials say Omicron probably in the Netherlands prior to South Africa reports

Thailand3 months ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand9 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism9 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket9 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism9 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand9 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism9 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand10 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand11 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand11 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand11 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand11 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand11 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand11 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand11 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending