Airbnb: Guests Contributed $4.4 Billion to Los Angeles Economy Last Year

Airbnb: Guests Contributed $4.4 Billion to Los Angeles Economy Last Year
Airbnb app on a smartphone in this photo illustration taken on Feb. 27, 2022. Dado Ruvic/Illustration/Reuters
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LOS ANGELES—Airbnb’s guests contributed $4.4 billion to Los Angeles’ economy in 2023—with nearly 3.3 million guests arriving to visit the city—while supporting 43,000 jobs and generating $1.2 billion in total tax revenue, the company reported Friday, May 31.

The company generated more than $35 million in local occupancy taxes contributed to the city of Los Angeles last year, Airbnb reported in its newly issued Economic Impact and Housing Report for the L.A. metropolitan area.

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