Airbnb and Expedia Group release new data on the economic impact of short-term rentals in Arizona
Airbnb and Expedia Group are releasing a new report – The Economic Impact of Short-Term Rentals in Arizona – by Rounds Consulting Group, Inc. (RCG). This new report was commissioned by Airbnb and Expedia Group to better understand how short-term rentals support cities, towns and the state. The study finds that short-term rentals are an integral part of the Arizona economy, with visitor spending lifting up local businesses, creating jobs, driving growth and generating significant tax revenue.
Source: hospitalitynet.org