Tech Firm Airbnb Contributes $56 million To San Francisco Economy
According to a study by HR&A Advisors, Airbnb, which bills itself as the “world’s leading marketplace for booking, discovering, and listing unique spaces around the world,” provides a major economic boost both to its users and the neighborhoods and cities where they visit and live.
The study found that people who rent their homes on Airbnb use the income they earn to stay afloat in difficult economic times. Additionally, the study determined that travelers who use Airbnb enjoy longer stays, spend more money in the cities they visit, and bring income to less-touristed neighborhoods. See this link for more...Airbnb Users Contribute $56 million To San Francisco’s Economy