Airbnb provides Arizona homeowners a good chance at earning extra cash

Mar 9, 2018, 4:10 AM
(AP Photo/Eric Risberg)...
(AP Photo/Eric Risberg)
(AP Photo/Eric Risberg)

PHOENIX — More Arizona residents are cashing in, turning their homes into Airbnbs in the popular tourism area.

According to the Airbnb industry, people are traveling more than ever. The way people are traveling is also changing, according to spokeswoman Laura Rillos.

“Arizona continues to be a really popular destination for Airbnb travelers who really want to live like a local,” Rillos said. “These are people who are looking for authentic experiences that are very unique to the desert Southwest.”

There are currently 10,000 Airbnb hosts in Arizona. According to Rillos, some have earned as much as $6,000 a year hosting guests inside their home.

“That’s money that many hosts used to help pay their bills, pay for their retirement, or maybe even save up some to go on their own vacation,” Rillos said.

The state also cashed in earning more than $11 million in extra tax income.

Combined, Airbnb said Arizona hosts pulled in nearly $100 million in 2017 by hosting nearly 650,000 guests.

The city that’s seen the most money from the Airbnb trend is Scottsdale, pulling in more than $20 million dollars last year, according to Airbnb. Phoenix earned $14.5 million from people staying as guests at an Airbnb.

Lifetime Windows & Doors

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Follow @KTAR923...

Phoenix Police searching for missing 6-year-old boy

Phoenix Police is asking for help to locate six-year-old Gerardo Romero Barrera. The child was reported missing on Friday night.
1 day ago
(Photo courtesy of City of Phoenix)...

Firefighters save dog with ‘Fido Bag’ from apartment in Phoenix

Phoenix firefighters rescued a family dog from a smoke-filled apartment using a life-saving 'Fido Bag' on Thursday.
1 day ago
(Twitter Photo/@ArizonaDOT)...

Heavy rain, strong winds roll through the Valley on Friday

Parts of the Valley were hit with heavy rain and strong winds on Friday, causing some flooding on highways and power outages. 
1 day ago
(Google Maps Screenshot)...

Suspect still on loose, 3 parents arrested following lockdown at El Mirage elementary school

A suspect who reportedly had a handgun at an El Mirage elementary school is on the loose and three parents who attempted to enter the grounds were arrested Friday, authorities said.
1 day ago
(Facebook Photo/White Castle)...

White Castle to open spot in Tempe in 2023, 2nd in Arizona

Popular fast-food chain White Castle announced plans to open a restaurant in Tempe next year, its second location in Arizona.
1 day ago
(Facebook Photo/Phoenix VA Health Care System)...
SuElen Rivera

Phoenix VA says rat infestation at medical center could be over

The Phoenix VA Health Care System said Friday rodent activity at its medical center appears to have slowed down in the last eight days, more than two weeks after rats were found.
1 day ago

Sponsored Articles

Sanderson Ford

Don’t let rising fuel prices stop you from traveling Arizona this summer

There's no better time to get out on the open road and see what the beautiful state of Arizona has to offer. But if the cost of gas is putting a cloud over your summer vacation plans, let Sanderson Ford help with their wide-range selection of electric vehicles.
Mayo Clinic Orthopedics and Sports Medicine

Why your student-athlete’s physical should be conducted by a sports medicine specialist

Dr. Anastasi from Mayo Clinic Orthopedics and Sports Medicine in Tempe answers some of the most common questions.

Best retirement savings rates hit 4.30%

Maximize your retirement savings with guaranteed fixed rates up to 4.30%. Did you know there is a financial product that can give you great interest rates as you build your retirement savings and provide you with a paycheck for life once you retire? It might sound too good to be true but it is not; this product is called an annuity.
Airbnb provides Arizona homeowners a good chance at earning extra cash