Vermonters renting out their properties on Airbnb this summer brought in $20.4 million in rental income, and Lamoille County had the second-highest haul of the state’s 14 counties, despite being one of the least-populated.
According to data from the online rental marketplace, 139,400 guests stayed in Vermont this summer between Memorial Day weekend and Labor Day.
Chittenden County, far and away the most populous county in the state, had the most rental revenue, $5.1 million. But Lamoille — the third-least populous county — was comfortably in second place, with $3.1 million.
Rutland and Washington counties each brought in $2 million.
The numbers are not broken down by town, but tourist magnet Stowe seems to be doing the heavy lifting for Lamoille County. According to the Airbnb data, Stowe renters brought in the third-highest amount of rental income in the state, behind Burlington and Rutland.
A spokesperson for Airbnb said, “Unfortunately, we do not have this data available on a more granular level.”
The data suggests that out-of-towners were paying more to stay in Lamoille County — which is to say, mainly Stowe — than anywhere else in Vermont. Based on the numbers, the average cost per guest per night was $174.16 in Lamoille County, almost $30 more than in Chittenden County.
A quick perusal through the Airbnb website offerings bear this out. As of press time, a search for properties in the Stowe/Morristown area for this coming weekend showed roughly 300 available. The vast majority of them were in Stowe, and most were well over $100 per night.
Airbnb said the summer hosting business followed a similarly busy ski season, in which 123,600 guest arrivals and local hosts brought in a total of $22.3 million.
A number of Vermont towns and cities, including Rochester, Richmond and Richford, marked their biggest weekend for Airbnb ever during this past ski season.
“Throughout the summer of 2019, we have continued to see the significant, positive impact of our short-term rental community across Vermont,” said Josh Meltzer, head of Northeast Public Policy. “With more guest arrivals this summer than ever before, hosts and small businesses have been able to enjoy the opportunities created by an expanded tourism economy, while the state has benefited from additional tax revenue as a result of this growth.”
The top five city destinations for Airbnb guests to Vermont this summer were, in order: Burlington, Rutland, Stowe, Montpelier and Lyndon.
The top four origin cities for Vermont’s Airbnb guests were, in order: New York City, Boston, Montréal and Philadelphia. Burlington was fifth.
As of July 2019, about 171,900 Vermont residents had used Airbnb to travel over the past year.