Airbnb announced today that they have delivered over $114,000 in home sharing tax revenue to the city of Green Bay, on behalf of its hosts.
In July 2017, Airbnb announced a tax agreement with Green Bay, authorizing the home sharing platform to automatically collect the 10% Green Bay room tax and send the revenue directly to the city.
That agreement took effect on August 1st, 2017, installing a new revenue stream for the city to capitalize on more people visiting Green Bay and staying longer, especially ahead of the football season.
At the time of the partnership, Airbnb expected the annual collections to be at least $55,000 in the Green Bay host community.
The $114,000 in revenue nearly doubled those projections due to the continued growth of the company throughout the state.
Throughout the duration of the agreement, over 7,400 guests have experienced Green Bay, representing a 57% year-over-year growth.
This comes ahead of the Packers-49ers Monday Night Game, as the Green Bay host community welcomes the largest amount of Green Bay Airbnb guests in the history of the platform.
This past weekend (through monday) Green Bay Airbnb hosts have welcomed a record 900 guests, while earining a combined $385,000 in supplemental income.
30% of the guests over this stretch are from California.