Airbnb hosts in U.S. World Cup cities could earn $4,000 on average by renting out their homes during the tournament, company research shows.
Why it matters: Visiting fans are expected to boost local economies, with Airbnb guests pouring $865 million into accommodations, food, shopping and more nationwide, according to a Deloitte study commissioned by the platform.
The big picture: Roughly 2.1 million tourists needing a place to stay will visit the 11 host cities next year, including an estimated 232,000 Airbnb guests, per the report.
- New York-New Jersey, which hosts the July 19 final, could see nearly $6,000 in average Airbnb earnings — the highest in the group.
What they're saying: By welcoming visitors, "I can play my part in ensuring that the economic benefits of this once‑in‑a‑lifetime event are felt across the entire Houston community," Airbnb host Sébastien Long said in a news release.
- The company has partnered with FIFA to support host cities.
Caveat: As seasoned hosts prep and first-timers consider joining in, homeowners should review local rules before renting out their spaces.
Between the lines: Tourism is the main moneymaker for World Cup cities, Andrew Zimbalist, a professor emeritus of economics at Smith College in Massachusetts, previously told Axios.
- While local businesses (and short-term rental hosts) may see a boom, economists say the tournament's impact is more complicated than organizers project.
What we're watching: The first match played in the U.S. — USA vs. Paraguay — kicks off June 12 in Los Angeles.
- Bookings for that date already average $376, per AirDNA, a short-term rental analytics firm.
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