Airbnb, Inc.
Economic Impact of Airbnb in Thailand
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 Thailand, commissioned by Airbnb and conducted by Oxford Economics. It outlines the spending associated with Airbnb, including tourism flows, guest spending, and host spending. The report details how Airbnb guests contribute to the local economy through direct spending on accommodation and ancillary goods and services, such as dining and transportation. It also examines the indirect and induced impacts of this spending, highlighting how host earnings stimulate further economic activity in the region. The assessment includes an economic impact analysis that quantifies the total expenditure made by Airbnb guests and hosts, estimating the direct, indirect, and induced economic activities. The report presents the findings on Airbnb's contribution to GDP, employment, and wages in Thailand, providing a comprehensive view of its economic footprint. Additionally, it includes a glossary of terms related to Airbnb and economic impact assessments, enhancing the understanding of the report's content.