Manila, Philippines. June 29, 2022 — Airbnb today releases the results from its latest survey of Hosts and guests. The findings among Hosts and guests who used the platform last year in the Philippines provide insights into how the Hosts are using their income from Airbnb in a time of broader economic challenges such as soaring inflation and how guests are using the platform amidst a travel revolution.
Mitigating higher prices with hosting
As external forces pushed inflation higher around the world last year, including in the Philippines, income earned through hosting helped Hosts surveyed1 in the country navigate higher prices. In response to why they host their space on Airbnb:
According to the Food and Agriculture Organization of the United Nations (FAO), the Food Price Index steadily increased globally last year, up to an all-time high in March 20222. Against the backdrop of higher prices for everyday goods, nearly 60 percent of Hosts surveyed in the Philippines said they use the income earned through hosting to buy food and other necessities that have become more expensive.
Hosts surveyed in the Philippines are also using the income earned on Airbnb to help pay for housing and home improvement needs. More than a third surveyed said that the income they earned through hosting has helped them stay at home in 2021. Of that group, over 50% percent said that hosting helped them avoid foreclosure or eviction. Beyond paying their rent and mortgages, almost half of the Hosts surveyed indicated that they use the money earned through hosting to improve their homes.
Hosts surveyed also indicated that they expect that income earned through hosting will become more important, with almost half saying they expect to become more reliant on Host income in the next 12 months.
Hosts are key contributors to their local communities. In addition to booking revenues from guests and guests’ local spending, Hosts surveyed in the Philippines are also contributing to the country’s tourism income:
Guests travel and work remotely, discover new places, and stay longer
The pandemic has changed the way people travel globally, with millions of people now more flexible about where they live and work. In a trend that began last year and has continued into Q1 2022, guests are staying longer — essentially living on Airbnb. Globally, long-term stays were at an all-time high in Q1 2022, more than doubling in size from Q1 2019, and continue to represent around one in every five nights booked. In the Philippines, more than a third of the guests surveyed3 said they stayed at an Airbnb listing to travel and work remotely.
To ensure that Airbnb is supporting the continuing travel revolution and optimizing for the new flexibility of guests, Airbnb introduced the biggest change to its platform in a decade earlier in May, which includes the Airbnb Categories, a redesigned user interface that makes it easy for guests to discover millions of homes they never knew existed – helping to spread tourism outside of typical destinations and Split Stays, an innovative feature that splits guests’ trips between two places to stay when they’re searching for a week or longer.
Airbnb is empowering guests to embrace new ways of living and traveling, including through its recent upgrades and innovations:
This further illustrates how Airbnb is encouraging guests to discover new destinations.
Those interested in learning more about how much could be earned through hosting should visit airbnb.com/host. Those interested in exploring the incredible places to stay listed across Airbnb’s 56 categories should visit airbnb.com or download the app.
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