According to a report from the Wyoming Tribune Eagle, online hospitality company Airbnb says it generated over $1.1 million in tax revenue during its first year of the agreement with the state of Wyoming.
Airbnb allows users to rent a house or room, or for a homeowner to put their house or room up for rent. Guests are charged taxes on their bill. Wyoming is one of 400 jurisdictions across the world that have a tax agreement with Airbnb.
Between August 1, 2017, and August 1, 2018, there were just over 56,000 Airbnb guests in Wyoming. There are currently just over 1,600 Airbnb hosts across the state.
Wyoming hosts, in total, earned nearly $9 million in revenue between August 2017 and August 2018. On average, that’s about $5,500 per host.