Mary­land Airbnb’s 2018 earn­ings top $57 mil­lion

Kent County News - - REAL ESTATE & BUSINESS -

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.

AIRBNB PHOTO

This apart­ment lo­cated above the Java Rock cof­fee house in Rock Hall lists for $150 a night on home-shar­ing site Airbnb.

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