Tourism solves New York City's financial problems by bringing in funds from abroad.

Established in 2008, Airbnb is an online community for people to list, find, and rent unique accommodations around the world. Proud of their accomplishments, Airbnb published a report highlighting the amount of business and positive economic impact the company has brought to NYC.

According to their new study, the site has generated over $600 million in economic activity, and collected nearly $31 million in sales tax from Airbnb guests. When compared to the typical tourist, Airbnb guests, on average, spend more time and money in New York.

READ THIS ARTICLE FOR $15
$15 provides access to this article and every case-study, interview, and analysis piece that we publish for the next 30 days. Our Premium Subscription also provides access to a database of over 100,000 articles on innovation in brand, customer, and retail experience.
Already a subscriber? Log in