Airbnb provides Arizona homeowners a good chance at earning extra cash
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.