Wednesday, September 30, 2020

Airbnb helped earn over Bt33 bn in Thailand in 2018

Jul 04. 2019
Facebook Twitter

By The Nation

Airbnb’s mission is to create a world where anyone can belong anywhere, and in order to advance this mission, it is building an end-to-end travel platform that combines accommodation, activities and transportation. 

Its aim is to also generate substantial economic benefits for hosts and communities. 

According to a new survey, Airbnb’s community generated over Bt33.8 billion in estimated earnings in Thailand last year. The survey also found that Airbnb’s network generated over US$100 billion (Bt3 trillion) in estimated earnings across 30 countries in 2018. 

Airbnb’s community-based model means this economic impact is shared by local families, businesses and communities across the country, including in places that have traditionally missed out. According to the survey, 80 per cent of Airbnb hosts in Thailand say they recommend restaurants and eateries to their guests, and on average Airbnb guests say 46 per cent of their spending is done in neighbourhoods where they stay.

Mike Orgill, general manager for Airbnb in Southeast Asia, Hong Kong and Taiwan, said: “The Airbnb community of hosts and guests make a large and increasingly important contribution to the Thai economy. As our community of hosts grows, it generates more opportunities for local businesses and communities across the country.”

Tags:
Facebook Twitter
More in Business
Editor’s Picks
wmg-logo
Top News
wmg-logo