Airbnb, Inc.
Economic Impact of Airbnb in Malaysia
Pages
17
Time to read
31 mins
Publication
Language
English
Pages
17
Time to read
31 mins
Publication
Language
English
This report analyzes the economic impact of Airbnb in Malaysia, commissioned by Airbnb and conducted by Oxford Economics. It outlines the spending associated with Airbnb, including guest and host expenditures, and assesses the overall economic footprint of Airbnb in the country. The report details the direct, indirect, and induced impacts of Airbnb on the Malaysian economy, highlighting how guest spending on accommodation and ancillary services contributes to local businesses and employment. It presents data on tourism flows, with a focus on domestic and international guest demographics, and discusses the distribution of spending across various sectors such as restaurants, transport, and entertainment. The methodology employed for the analysis is based on a globally recognized economic impact assessment framework, which quantifies total expenditures and estimates the resulting economic activity. The report aims to provide a comprehensive understanding of Airbnb's role in stimulating economic growth and supporting jobs in Malaysia.