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Airbnb hosts in the Triangle just earned ‘record income,’ company says

Raleigh leaders continue to debate short-term rentals

Supporters and critics continue to weight the options of short-term rentals like Airbnb and VBRO within the city of Raleigh. The City Council debated rules that would ban entire homes from being rented out.
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Supporters and critics continue to weight the options of short-term rentals like Airbnb and VBRO within the city of Raleigh. The City Council debated rules that would ban entire homes from being rented out.

Airbnb hosts in the Triangle set records this month for the number of guests and money earned — all as Raleigh leaders weigh rules for short-term rentals.

The hospitality company on Wednesday announced “records were set overwhelmingly” in Chapel Hill and Durham last weekend. Throughout the Triangle, eight universities held graduation ceremonies Friday through Sunday.

Among the communities experiencing a spike in Airbnb guests was Raleigh, where city leaders have proposed rules for short-term rentals. They are illegal in most parts of the city, but the ban won’t be enforced until regulations are in place.

The city could vote as soon as next week on a plan that “would limit short-term rentals to one or two rented rooms inside of a home that must also be occupied during the rental by the primary resident, among other rules.”

Raleigh from Friday to Saturday had 1,600 total Airbnb guest arrivals, earning hosts in the city $98,000, according to a company news release. The time period represented the largest-ever guest “surge” for the city, Airbnb says.

Also on graduation weekend, Chapel Hill hosts made $65,000 from 740 guest arrivals, the company says. Durham hosts took in $273,000 and had 1,900 guests.

Outside of the Triangle, record guest arrivals were reported in Boone, Greenville and Greensboro while those cities’ major universities held their graduations.

“For every one of these communities with large universities, the college commencements represented the largest surges of guests to the respective cities in the history of Airbnb’s platform,” the news release said.

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