Airbnb Report
USVI Division of Economic Research examined Airbnb and Tourism related indicators for the period of January 2018 December 2019. Airbnb Report April 2020 USVI Division of Economic Research USVI Division of Economic Research Overall Summary The agreement between Airbnb and the Government of the Virgin Islands was signed in late May of 2017. The agreement was a part of Government’s Five Year Plan to fully restore economic stability through economic growth, increased revenue collection and better resource management. Additionally, the accord would assist in improving and diversifying the tourism industry and create unique experiences by local Airbnb hosts and their guests. In September 2017, Hurricanes Irma and Maria caused over 60 percent loss of traditional hotel room inventory. Presently, Airbnb accommodations have partly contributed to the number of increase rental units’ availability to stay-over visitors to the Territory. …
Download the original document · Browse the archive · How this archive works
Archive identifier LF-18d4629454fe