The Economic Impact of Short-Term Rentals in Arizona

Honored to be apart of AZTR.org and we have been working tirelessly on protect vacation rentals in Arizona. We teamed up with Airbnb and Expedia Group to provide hard facts on the impact short term rentals have on Arizona.

Click to see full report.

This report, prepared by Rounds Consulting Group, Inc. (RCG), is intended to provide context on the economic impacts of short-term rentals (STR) in Arizona. STRs provide travelers and tourists with alternatives to hotels and generate significant economic benefits for local communities.

The tourism industry is an integral part of the Arizona economy, where visitor spending supports local businesses, creates jobs, drives economic growth, and generates significant tax revenues. This is especially true in regions such as rural areas, where traditional accommodations are unavailable or unaffordable. Homeowners also benefit when they use their properties as STRs by earning alternative sources of income.

This analysis quantifies the jobs, income, economic output, and tax revenue impacts created by the visitors that stayed at STRs across the state in 2021. The analysis quantifies the direct impacts as well as the ripple effects created as the cycle of spending and re-spending circulates throughout the local economy.

The following summarizes the key findings of the analysis.