Economic Impact of Airbnb in Vietnam Report

This report analyzes the economic impact of Airbnb in Vietnam, commissioned by Airbnb and conducted by Oxford Economics. It outlines the spending associated with Airbnb, detailing both guest and host expenditures. The report indicates that in 2024, Airbnb guests contributed significantly to the local economy, with total spending reaching VND 16 trillion on accommodation and ancillary services. The document presents a breakdown of guest spending, which includes categories such as restaurants, groceries, shopping, and local transport. Additionally, it discusses the direct, indirect, and induced economic impacts of Airbnb, emphasizing how host earnings and guest spending stimulate further economic activity within the local supply chain. The report employs a globally recognized economic impact assessment methodology to quantify these effects, providing insights into the contributions of Airbnb to GDP, employment, and wages in Vietnam. The findings are supported by data from various sources, including tourism statistics and economic modeling.