Maryland Airbnb’s 2018 earnings top $57 million
ANNAPOLIS — Airbnb recently announced that its Maryland host community earned about $57 million in supplemental income in 2018, including more than half a million dollars in Kent County.
According to a news release, the company also welcomed about 383,600 guest arrivals to the state in 2018. This comes as Maryland residents increasingly embrace the homesharing platform as an opportunity to earn supplemental income, the release states.
There are reportedly more than 6,500 Maryland hosts who share their homes via Airbnb, typically earning about $5,600 annually in supplemental income.
Airbnb spokesman Liz Debold Fusco said more local residents and small businesses were able to benefit from the economic opportunities created by home sharing in 2018 than ever before.
“As we reflect on this past year and celebrate the beginning of a new one, we are proud to have played a small role in countless memories and cultural exchanges statewide, from summer trips to the holiday season,” Fusco said the release. “We look forward to continuing to help families across Maryland earn extra income while allowing countless communities to enjoy the tourism economy in 2019.”
In Kent County, there were 4,100 guest arrivals in 2018, generating $580,500 in income for Airbnb hosts. A search for accommodations in Kent County on the site yields more than 100 results, though not all are located in the county.
The site puts the average rate per night in Kent County at $222. On the low end is a room in a house in Rock Hall that runs $62 a night. On the high end is 14-bedroom Brittland Manor, just across the Chester River in Queen Anne’s County, at $1,750 a night. There is a “cozy” Airstream trailer on a horse farm that runs $120 a night.
Among other Eastern Shore counties, Worcester, home of Ocean City, saw the most Airbnb guests, 10,800, and earned the most revenue, $1.5 million. Right behind Worcestor is Talbot County, which booked 6,300 guests for $1.3 million.
There were 5,000 guests that provided $817,800 income for Queen Anne’s County hosts. Cecil County saw 2,200 guests bringing in $350,600 in revenue.
This apartment located above the Java Rock coffee house in Rock Hall lists for $150 a night on home-sharing site Airbnb.