Vermont’s Entrepreneurial Spirit
To the Editor:
In the first five months of 2019, Airbnb reported that Vermont had about 175,000 guest arrivals earning $25 million for those Vermonters who opened their homes to guest. This ranked Vermont as the number one rural state in both number of guests and earnings.
Fortunately, the entrepreneurial spirit of Vermonters is much greater than the beliefs of the naysayers who think Vermont is a poor place to live and work when compared to other states. They particularly like to say how much greener the grass is on the other side of the Connecticut River. Well, New Hampshire for the same time period had 80,000 fewer guests and earned $14 million less than Vermont. This year’s number continue a trend from 2018 when Vermont had 93,000 more Airbnb guest arrivals than New Hampshire and brought in $17 million more in revenue.
Dividing the revenue by the number guests shows that folks are willing to pay more on average to stay in Vermont than New Hampshire, which is just another way that things are truly greener here in Vermont
St. Johnsbury, Vermont