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.
“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 Blecharczyk, Airbnb Co-Founder, CSO and Chairman of China. “We’re excited to continue these efforts and support APEC’s goal of driving sustainable and inclusive tourism to Asia-Pacific economies.”
A comparison of Airbnb guest arrivals in 2016 to overall Euromonitor-calculated arrivals that year shows Airbnb already accounting for significant percentages of international arrivals in a number of APEC economies.
In terms of international travelers in 2016, Airbnb accounted for at least 5% of all arrivals at six APEC member economies: the US (5%), Canada (6%), Chinese Taipei (8%), Australia (11%), New Zealand (14%), and Japan (15%).
APEC member economies that have seen at least 100% year-on-year growth in inbound guest arrivals on Airbnb include: Korea (104%), 2018 APEC Leaders’ Summit host Papua New Guinea (110%), Philippines (133%), 2017 APEC Leaders’ Summit host Vietnam (154%), Brunei (170%), Mexico (175%), Malaysia (179%), 2019 APEC Leaders’ Summit host Chile (195%), and China (268%).