Supporting Kentucky’s monetary resilience
Airbnb hosts are a critical part of Kentucky’s growing tourism industry and assist generate worthwhile income for the native financial system. In 2023, Airbnb hosts welcomed multiple million visitors to Kentucky1, who contributed an estimated $588 million yearly to the Commonwealth’s GDP2, together with:
- 8,600 tourism jobs supported by Airbnb hosts welcoming visitors3, which in flip generated roughly $354 million in revenue for native employees in 20234
- $161M generated by Airbnb hosts in whole whole tourism tax in Kentucky in 20235
- $16.5 million in native occupancy taxes collected and remitted by Airbnb on behalf of hosts in Kentucky in 20236
The Airbnb host group in Kentucky
In Kentucky, Airbnb is a crucial financial instrument for residents who share their properties to earn more money, the overwhelming majority of hosts share only one house7. By welcoming visitors who spend cash at small companies, native eating places and pure points of interest, hosts throughout Kentucky assist assist their native economies.
- 76% approximate share of hosts with just one whole house itemizing8
- 61% approximate share of girls hosts9
- 1 in 5 hosts over the age of 6010
- 15% approximate share of hosts who work in healthcare and training11
A supply of supplemental revenue
The vast majority of hosts in Kentucky share their house often—roughly 58 nights per 12 months—to complement their revenue12. For many individuals in Kentucky, the revenue they earn by sharing their house on Airbnb has allowed them to maintain up with the rising prices of residing and keep of their house.
- 58 approximate nights a typical itemizing was hosted in 202313
- 40% of hosts verify Airbnb has helped them cowl rising prices of residing14
- 33% of hosts verify Airbnb has helped them keep of their house15
- 83% of hosts verify they use Airbnb as a second type of revenue16
Distilling bourbon tourism throughout the Bluegrass State
From Bardstown to Clermont and past, the Kentucky Bourbon Path gives a uniquely Bluegrass expertise—historical past, scenic small cities, and world-renowned distilleries. Many of these iconic distilleries are located in areas with few or no hotels, making short-term leases very important to supporting native tourism and driving financial vitality for rural communities. By enabling visitors to remain nearer to the distilleries they got here to expertise, Airbnb helps fill the lodging hole, guaranteeing that guests additionally spend time in—and cash at—family-owned eating places, native retailers, and close by points of interest.
In 2022 alone, hosts in communities with few or no hotels welcomed thousands of guests, highlighting the essential position short-term leases play in dispersing journey throughout the state17 and fueling Kentucky’s bourbon trade:18
- Frankfort (Buffalo Hint)
- Practically 80% of census tracts in Frankfort have Airbnb listings however no resorts
- Hosts in these neighborhoods welcomed over 6,000 visitors, incomes greater than $900,000
- Versailles (Woodford Reserve)
- Greater than 70% of census tracts in Versailles are house to Airbnb listings however no resorts
- Hosts in these neighborhoods welcomed over 3,000 visitors, incomes almost $700,000
- Bardstown (BEAM and Heaven Hill)
- Greater than 70% of census tracts in Bardstown have Airbnb listings however no resorts
- Hosts in these neighborhoods welcomed over 2,500 visitors, incomes greater than $400,000
- Lawrenceburg (Wild Turkey)
- 100% of census tracts in Lawrenceburg are house to Airbnb listings however no resorts
- Hosts welcomed almost 3,000 visitors, incomes greater than $400,000
- Shelbyville (Diageo)
- Greater than 40% of census tracts in Shelbyville have Airbnb listings however no resorts
- Hosts in these neighborhoods welcomed over 4,500 visitors, incomes greater than $250,000
Trending Merchandise
