REI Wealth Issue #60 featuring Steve Davis, Total Wealth Academy | Page 25

Highest Gross Revenues Worldwide for Airbnb Properties
Surprisingly , these populous metropolitan regions such as Los Angeles , San Francisco , New York City , Paris , London , or Hong Kong weren ’ t ranked # 1 for being the most profitable Airbnb region in the world with the highest gross revenues . No , the honor for the most profitable Airbnb region in the world in 2021 was San Diego , California .
City and Nation Airbnb Gross Revenues 2021
# 1 San Diego , CA
$ 379,545,050
# 2 London , UK
$ 356,409,907
# 3 Austin , TX
$ 342,436,482
# 4 Kissimmee , FL
$ 339,989,616
# 5 Paris , France
$ 334,161,877
# 6 New York City , NY
$ 296,517,051
# 7 Los Angeles , CA
$ 240,120,391
# 8 Nashville , TN
$ 221,618,657
# 9 Scottsdale , AZ
$ 220,246,621
# 10 Rome , Italy
$ 193,643,787
City and Nation Airbnb Gross Revenues 2020
# 1 London , UK
$ 293,564,292
# 2 Los Angeles , CA
$ 203,650,634
# 3 Paris , France
$ 202,501,933
# 4 San Diego , CA
$ 187,739,325
# 5 New York City , NY
$ 178,378,216
# 6 Kissimmee , FL
$ 147,542,802
# 7 Sydney , Australia
$ 134,621,118
# 8 Big Bear Lake , CA
$ 103,181,841
# 9 Austin , TX
$ 102,216,494
# 10 Las Vegas , NV
$ 96,821,706
In 2020 , seven of the Top 10 highest gross revenues for Airbnb properties were all in the US . One region that stands out is Big Bear , California , which is the bestknown mountain resort community in Southern California . Listed below are the 2020 gross revenue numbers for the Top 10 regions in the world :
Compounding Wealth With Equity Gains
There are many individual or family investors across the nation who have acquired 5 , 10 , 15 , or 20 + short­term rental properties . The bulk of their family ’ s net worth doesn ’ t usually come from the net annual rental income . No , the family ’ s net worth is compounding each year with double­digit appreciation rates like we ’ ve all seen for several years now .
To better understand how the acquisition of multiple rental properties is more likely to create the bulk of your net worth , let ’ s take a look at a fictional California property owner who saw each of his rental homes appreciate $ 11,000 per month or $ 132,000 for the entire year in 2021 :
Number of rental properties gain in 2021
Image by JOSE MARTINEZ JUSTO from Pixabay Average annual equity
1
$ 132,000
2
$ 264,000
3
$ 396,000
5
$ 660,000
10
$ 1,320,000
15
$ 1,980,000
20
$ 2,640,000
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