Airbnb Economic Impact and Housing Report San Diego Metro

This report presents an analysis of Airbnb's economic impact on the San Diego metropolitan area. It outlines the benefits of home sharing, noting that Airbnb hosts earned nearly $554 million in 2023, with many hosts relying on this income to afford their homes. The report details how Airbnb contributes to local economies by generating significant tax revenue and supporting jobs. In 2023, Airbnb hosts welcomed approximately 1.7 million guests, contributing an estimated $1.6 billion to the region's GDP. The report also addresses the challenges of housing affordability in San Diego, highlighting the chronic underproduction of housing as a primary driver of rising costs. It emphasizes that Airbnb listings represent a small fraction of the housing market and discusses the minimal impact of short-term rentals on rental prices. The report concludes with Airbnb's commitment to collaborate with local governments to address housing supply issues and support community needs.