KNOXVILLE, Tenn. (WVLT) -- Knoxville's Airbnb host community had 3,400 guests and gained $520,000 in income during University of Tennessee home football games this year. The income helped expand lodging capacity and also helped handle the amount of peak visitors during the football season.
Tourists made up a prime portion of Knoxville's economy. The Airbnb host community tripled in size last year, even while numbers of people that chose hotels grew at the same time. The influx of visitors into the area that were housed by Airbnb had an economic benefit in food and merchandise sales.
During the 2016 football season 300 Airbnb hosts were active, 17,000 guest used Airbnb for lodging. People renting out property through Airbnb earned $4,500 in extra income last year, and 44% of those people just rented out unused rooms on their property.
In 2016 the UT football seasons highest grossing game for Airbnb renters was the Alabama game, bringing in $119,336.