Economic impact of Airbnb in India stood at $320 mn in 2019: Report

The contribution by Airbnb made to the Indian economy was driven by guest spending during their stay, hosts investment in their properties, among others, the report said

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Press Trust of India
The economic impact of online accommodation platform Airbnb in India last year stood at $320 million (around Rs 2,200 crore), a report said on Tuesday.

The contribution by Airbnb made to the Indian economy was driven by guest spending during their stay, hosts investment in their properties, among others, the report said.

"The economic activity supported by Airbnb's presence in India sustained 49,900 jobs in 2019. The sector with the most jobs supported by Airbnb was the agriculture, forestry and fishing sector," the report said.

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First Published: Aug 11 2020 | 10:30 PM IST

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