Yesterday at the APEC CEO Summit in Da Nang, Airbnb announced it will invest 68 million baht through 2020 to promote and support innovative and responsible tourism projects throughout Asia-Pacific.
This commitment is part of Airbnb’s vision to strengthen communities through healthy tourism and empower hospitality entrepreneurs across the region.
The fund will be available to organizations—including destination marketing organizations, NGOs, non-profit agencies and community social groups—in need of financial support for innovative tourism projects.
The announcement was made today by Nathan Blecharczyk, Airbnb co-Founder, CSO and chairman of China at the APEC CEO Summit in Da Nang, during a panel discussion on the ‘New Job Creators’.
“Airbnb is dedicated to empowering people and communities through healthy tourism, and we have a long tradition of supporting local projects in Asia-Pacific,” said Nathan. “We’re excited to continue these efforts and support APEC’s goal of driving sustainable and inclusive tourism to Asia-Pacific economies.”
Empowering hospitality entrepreneurs
New data shared today also highlights how Airbnb is empowering hospitality entrepreneurs across APEC member economies through healthy travel—authentic, affordable experiences that distribute the economic benefits to more people and more places, and that occur through use of people’s existing resources.
New data shows that the Airbnb community boosted APEC economies by 952 billion baht and supported 370,000 jobs across 116 APEC cities in 2016. In the past 12 months, 55 million guest arrivals to APEC member economies were made on Airbnb, while Airbnb hosts in APEC member economies earned about 272 million baht during the same time period.