Philadelphia is poised to reap the financial benefits of hosting World Cup soccer fans next summer, with Airbnb predicting significant economic gains from the influx of tourists. According to a report compiled by Deloitte and released by the vacation rental company, approximately 17,000 users will book stays in the Philadelphia region for the games, resulting in a predicted $52 million in spending among lodgers. Local hosts are expected to earn around $8 million in profit from Airbnb bookings alone.
The economic impact of these visitors is expected to extend beyond the World Cup itself, with increased demand on local businesses and higher employee wages leading to additional spending. Deloitte researchers argue that this ripple effect could generate an estimated $115 million in extra revenue for the local economy over 2026. This translates to a total of $167 million in direct, indirect, and induced revenue.
Philadelphia is expected to come out ahead of several other US host cities when it comes to generating revenue from Airbnb guests, with estimates suggesting that the city will rake in $167 million compared to Atlanta's $70 million, Kansas City's $105 million, and San Francisco's $144 million. However, Dallas is set to be a major beneficiary, with an estimated $502 million.
While the World Cup is expected to bring significant economic benefits to Philadelphia, it's worth noting that these gains will continue beyond the tournament itself, with 65% of tournament tourists predicted to return to host cities over the next five years. This could result in an additional $70 million in direct revenue and another 280 full-time equivalent jobs.
The economic impact of these visitors is expected to extend beyond the World Cup itself, with increased demand on local businesses and higher employee wages leading to additional spending. Deloitte researchers argue that this ripple effect could generate an estimated $115 million in extra revenue for the local economy over 2026. This translates to a total of $167 million in direct, indirect, and induced revenue.
Philadelphia is expected to come out ahead of several other US host cities when it comes to generating revenue from Airbnb guests, with estimates suggesting that the city will rake in $167 million compared to Atlanta's $70 million, Kansas City's $105 million, and San Francisco's $144 million. However, Dallas is set to be a major beneficiary, with an estimated $502 million.
While the World Cup is expected to bring significant economic benefits to Philadelphia, it's worth noting that these gains will continue beyond the tournament itself, with 65% of tournament tourists predicted to return to host cities over the next five years. This could result in an additional $70 million in direct revenue and another 280 full-time equivalent jobs.
I'm sure Philadelphia is super stoked about hosting the World Cup next summer! It's amazing how tourism can bring so much life and energy to a city 
. Those $167 million in revenue are gonna be a huge help for local businesses, and it's awesome that hosts on Airbnb will get to earn around $8 million 
. I'm also loving the idea that 65% of those tourists might come back after the tournament - can you imagine all the new friendships formed over a game or two of soccer? 
It's not just about the World Cup, it's about building a stronger community too! 
. I mean, sure, Dallas might get a massive chunk of change but it's also super likely that the city's gonna be slammed with visitors, leading to some crazy traffic and overcrowding issues 
. On the other hand, Philly seems like it's got a better handle on things - they've already seen what it means to host big events (Super Bowl, anyone?) so I think they'll be more prepared for the influx of tourists 
. Plus, Airbnb is predicting some serious gains from bookings alone, which is a great sign for local hosts and the city as a whole 
like yaaas! Philly is gonna get SO much $$$ from hosting World Cup soccer fans!!! I mean, can u believe that Airbnb is predicting a whopping $8 million for local hosts alone?! That's literally insane! 
It's gonna be a total game-changer for Philly's economy! 
But for real, it's cool that local hosts are gonna get a cut of the action too - $8 mil is no joke 
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! It's awesome that local hosts are gonna make some serious cash off Airbnb bookings - I mean, who doesn't love hosting tourists and showing them around the city? The estimated $167 million in revenue is pretty impressive, especially considering it'll have a ripple effect on local businesses too. And the fact that 65% of visitors will return over the next five years means we're looking at some sustainable growth 
. Dallas is gonna benefit big time, but Philly's still got some serious bragging rights here 
The city is gonna make a killin' from all those tourists, and local hosts are gonna get to reap some serious profits too 
I love that 65% of visitors are predicted to come back in 5 years - it's like a little economic boost booster shot 
.