Fighting Back: Airbnb Says Its Guests Spent $50 Million at Local Restaurants Last Year

by Laine Doss | Miami New Times


For months, the City of Miami Beach has been cracking down on Airbnb. In March, the city increased penalties on illegal renters from $500 for a first violation to $20,000. And from March through August, the city — where a huge part of Airbnb properties are located — levied $1.6 million in fines and evicted 31 renters caught in apartments.


Now the property rental business is fighting back. It has issued a report that claims it has done a great service for Miami’s restaurant scene.


Airbnb guests in major destinations across the world were queried about their activities from September 2015 to September 2016. The findings show that about $1.5 billion was spent on restaurants in 19 major U.S. cities, with about $50 million spent at Miami restaurants. Each guest spent an average of $253 per day, with 29 percent of that amount on food. About $50 to $90 was spent per night on dining.


Other U.S. cities fared just as well or better. New York City was the clear winner, with $470 million in restaurant revenue generated by Airbnb guests, followed by Los Angeles, with $236 million, and San Francisco, with $107 million.


Most surprising is the fact that the survey included only the city of Miami — not Miami Beach, according to Ben Breit, public affairs lead for Airbnb in Florida. In fact, some of the most popular destinations for Airbnb guests are in neighborhoods not traditionally known for high tourism traffic. “Wynwood is skyrocketing. People just want to be there. Little Haiti has been very popular.” Little Haiti alone has 88 Airbnb listings. Breit also cited Little Havana and Coconut Grove as some of the more popular Airbnb destinations.


Read full article here.