Rude Baguette: Airbnb adds €185M to Paris economy

Peer-to-peer marketplace Airbnb has released an economic study of its Airbnb hosts and guests in Paris, looking at key figures pertaining to guests & hosts. The study, which comes a few months after a similar study on Airbnb’s effect on the San Francisco economy, showed some pretty interesting stats, such as the €185 Million contributed to the Paris economy, much of which is new (as opposed to professional short-term rentals that existed before Airbnb).

The report also found interesting statistics for Airbnb guests in comparison to hotel guests. Airbnb guests stay, on average, 5.2 nights and spend €865 during their stay, while hotel guests stay 2.3 nights and spend €439. 27% of Airbnb guests said they “would not have come to Paris or stayed as long without Airbnb.” – Liam Boogar, Rude Baguette.

Read more about Airbnb’s impact on the Paris economy at Rude Baguette.

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