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Moonrise and AFRAM Festivals break Airbnb rental records in Baltimore

Moonrise and AFRAM Festivals break Airbnb rental records in Baltimore
Posted at 10:54 AM, Aug 07, 2018
and last updated 2018-08-07 10:58:05-04

Travelers heading to Baltimore to participate in the Moonrise and AFRAM Festivals help break the city's single-day Airbnb rental record for the second-straight year, the company said Tuesday.

For Aug. 11, 2,960 guests booked rentals in Baltimore, breaking the previous single-day record of 2,320 set on May 19 for the 143rd running of the Preakness Stakes. 

Baltimore residents renting property through the site will earn $290,000 in additional income from the rentals, Airbnb said.

“Home sharing continues to provide Baltimore with an easy way to host major events and thousands of visitors year-round,” said Will Burns, director of public policy for Airbnb in Maryland. “And Baltimore’s flagship music festivals are the perfect opportunity for our local hosts to make supplemental income, open their homes to visitors, and serve as ambassadors for this great city.”