D.C. Airbnb Hosts Earn $2.4 Million During 2018 College Graduations

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Crystal Davis

D.C. Airbnb Hosts Earn $2.4 Million During 2018 College Graduations

May 19 Will Mark Airbnb’s Biggest Night In D.C. For 2018

WASHINGTON, D.C. – May 16, 2018 – Home sharing continues to be a valuable travel resource for thousands of travelers visiting the nation’s capital for special events. Airbnb’s D.C. hosts will earn $2.4 million in supplemental income sharing their homes during graduation events at the District’s five largest universities — American University; Catholic University; George Washington University; Georgetown University; and Howard University.

Over 21,700 Airbnb guest arrivals will occur during the graduation events — a combined jump of 14% from the spring 2017 commencement activities. And the commencement ceremonies at George Washington University and Georgetown University will contribute to Airbnb’s biggest night in the District of Columbia for 2018 to date with over 8,300 guest arrivals booked for the evening of May 19.

“Home to the some of the country’s top universities, D.C. is always a top destination during the spring graduation season and Airbnb creates a way for Washingtonians across all eight wards to benefit economically from these events while offering visiting families a more cost-effective way to travel,” said Will Burns, director of public policy for Airbnb in the District of Columbia.

The typical booked Airbnb listing during these graduation events ranged between $34 for a shared room to $148 for an entire home. And more and more District of Columbia families are using home sharing to help pay their mortgage, rent, save for retirement and age in place. Of the D.C. residents sharing their home during the graduation events, 2% are first-time Airbnb hosts, 52% are female hosts, and 8% are senior hosts (ages 60 and up).

To learn more about Airbnb’s host community and small business support in the District of Columbia, visit washington-dc.airbnbcitizen.com.

About Airbnb

Founded in 2008, Airbnb is a global travel community that offers magical end-to-end trips, including where you stay, what you do and the people you meet. Airbnb uniquely leverages technology to economically empower millions of people around the world to unlock and monetize their spaces, passions and talents to become hospitality entrepreneurs. Airbnb’s accommodation marketplace offers access to millions of places to stay in more than 191 countries, from apartments and villas to castles, treehouses and B&Bs. With Experiences, people can see a different side to a destination through unique, handcrafted activities run by locals, while a partnership with Resy provides access to the best local restaurants in selected countries. All of this is brought together in one easy-to-use and beautifully designed website and app.

(1) Percentage increase is based on internal data and 2018 figures compared to the same period in 2017.