
US vacation renters are wasting $2B worth of food every year: Study
An average of $12 worth of uneaten groceries, takeout and restaurant leftovers are landing in the trash on a daily basis, according to the study, published in Waste Management.
That sum is about equivalent to 5.1 percent of a nightly rental fee — similar to tax rates applied to lodging in many locations, per the research.
'So people are basically paying an additional lodging tax through the money they spend on food that they never eat while they're in the Airbnb,' lead author Brian Roe, a professor in agricultural economics at the Ohio State University, said in a statement.
To draw their conclusions, Roe and his colleagues conducted an online survey of 502 U.S. adults who reported on their most recent trip to an Airbnb, VRBO or other short-term rental during the past year.
Almost all respondents said that their stays were for vacation purposes, while just 3 percent reported taking a business trip.
By combining statistical analyses with relevant national data, the researchers projected an annual estimate of up to $2.3 billion spent on food that was not consumed by the end of these vacations.
Travelers tended to pay about $231 per night for lodging, generating $12 in waste food per night: $7 in groceries and $5 in items prepared elsewhere, per the study.
About 80 percent of travelers reported eating at least one meal per day in the rental, and 6.3 percent said they ate in for every meal. Spending on groceries in general added up to an average of $34 per day, the data showed.
When children were present at the rental, there was a greater amount of uneaten food remaining at the end of the stay, the authors found.
Nearly half of the respondents said they throw away more food when traveling than they do at home, while just 21 percent reported greater food waste at home.
Produce and pantry staples topped the charts of most discarded vacation groceries, according to the study.
Guests reported that about 46 percent of hosts provided them with an opportunity to recycle and more than 20 percent gave instructions about what to do with uneaten food.
Although food waste may currently be piling up at short-term rentals, most travelers expressed a willingness to receive information from their rental hosts about composting and donating uneaten food.
'There's some interest among travelers to try to reduce their footprints,' Roe observed.
Building off that interest, the researchers suggested that local and regional short-term rental host associations could help individual hosts to include information about compost and donation options.
Peer-to-peer platforms like Airbnb or VRBO could also consider integrating food waste as additional criteria, alongside a publicly identifiable tag of 'sustainable hosts,' the authors noted.
'One can imagine this as a simple addition to a host's information booklet — probably a very doable implementation,' Roe said.
'And if that knocked that $2 billion number down to $1.5 billion, that's half a billion dollars less each year of wasted food,' he added.

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The Hill
10 hours ago
- The Hill
The reverse migration: African Americans relocating to Kenya cite heritage and restoration
NAIROBI, Kenya (AP) — Kenneth Harris spent most of his days in Atlanta yearning for a life in a place where his dark skin color is not a source of suspicion, but a mark of a shared heritage. His chance came two years ago when he bought a one-way ticket to Kenya. The 38-year-old retired veteran has found a community in the east African country's capital, where he now runs an Airbnb business. He loves admiring Nairobi's golden sunset from a rooftop terrace, and enjoys a luxurious lifestyle in a tastefully furnished apartment in an upmarket neighborhood. Harris is part of a growing wave of African Americans who are relocating to Kenya, citing the need to connect with their ancestors — or 'coming home,' a phrase often used among the Black community. Like dozens of other African Americans who have moved to Nairobi in recent years, Harris was attracted to Kenya's tropical climate and what he describes as the warmth and friendliness of the people he believes he shares a history and culture with. In search of community and a better life 'I have always had that adventurous spirit, especially when I joined the military and got to go to different countries. So I am taking the opportunity to venture out to new places,' he said. 'That is what allowed me to make a home away from home and Kenya is my new home.' Some friends have been reaching out to him to explore a 'change from the U.S for their peace of mind,' he said. Several other African Americans who have 'come home' like him have set up thriving businesses in Nairobi that include travel agencies, restaurants and farms. Many African Americans who have sought a better life abroad or are considering it said President Donald Trump's administration — with its crackdown on diversity programs — isn't the main reason they want to move. Rather, most say they had been mulling a move for some time, and the current political environment in the U.S. may be pushing them to act sooner than initially planned. 'I can't say the administration is the reason why the people I know want to part ways from America. Some are planning to move for a better quality of living life,' Harris said. Auston Holleman, an American YouTuber who has lived in various countries for almost a decade, said he settled on Kenya nine months ago because people 'look like me.' 'It is not like going to Europe or going to some Latin American countries where there are not many Black people,' he said. Holleman, who often films his daily life, said he felt that the social fabric in the U.S. was 'broken.' In contrast, he said he felt socially accepted in Kenya. He cited an experience when his taxi driver's car stopped, and in five minutes they got help from a random stranger. 'That made me realize I was in the right place,' he said. Growing numbers are interested in leaving the US Other African countries have attracted even larger numbers of African Americans. Ghana, which launched a 'Year of the Return' program to attract the Black diaspora in 2019, said last year it held a ceremony that granted citizenship to 524 people, mostly Black Americans. African American businesses such as Adilah Relocation Services have seen a notable rise in the number of African Americans seeking to move to Kenya. The company's founder, Adilah Mohammad, moved to Kenya four days after her mother's funeral in search of healing. She says the peace and restoration she experienced in Kenya made her stay — and advocate for those searching for the same. Her company helps clients relocate by house hunting, shopping for furniture and ensuring banking and medical services are seamless. 'There are 15 families that have come so far, and we have five more on the calendar that are coming in the next 90 days. We have people that have booked for 2026 with no date, they just know that they are leaving,' she says. Mohammad said many African Americans have been planning their move for decades. 'For me it is a movement. It is people deciding to make a choice for themselves, they are not being forced, shackles are being broken. When they say they are coming home, they are choosing to be free and it is mental freedom and so I am ecstatic,' she says. Experts say African economies are likely to benefit from these moves, especially from those willing to tackle corruption and create a healthy environment for investors. Raphael Obonyo, a public policy expert at U.N-Habitat, says the U.S is losing resources — as well as the popular narrative that America is the land of opportunities and dreams. 'This reverse migration is denting that narrative, so America is most likely to lose including things like brain drain,' he explained. For Mohammad, the sense of belonging has given her peace within. 'I love being here. Returning to Africa is one thing, but finding the place that you feel like you belong is another,' she said. _____________ The Associated Press receives financial support for global health and development coverage in Africa from the Gates Foundation. The AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at
Yahoo
18 hours ago
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Many homeowners' associations also have rules that are unfriendly to owners who want to turn their properties into short-term rentals. However, the news isn't all bad for Airbnb. The market it operates in is massive and continues to grow. There are also demographic tailwinds, as younger generations tend to gravitate toward Airbnbs more than their parents. Short-term rentals (labelled vacation rentals on the chart below) make up a significant portion of a market that is forecast to exceed $1.1 trillion by 2029. What does this mean for Airbnb? Cash, and lots of it. Terrific business model Airbnb is just a software platform at its core. There is also a customer service element. However, companies in this industry lack the factories, expensive equipment, and other major infrastructure that many other industries have. Property and equipment purchases are often referred to as capex (short for capital expenditures) and reduce the amount of cash a company can keep. Free cash flow is one reason why software companies, such as CrowdStrike (NASDAQ: CRWD) and Palantir (NASDAQ: PLTR), often trade at higher valuations than companies in other industries. For instance, Intel (NASDAQ: INTC), a semiconductor designer and manufacturer, spent $5.2 billion on capex in its most recent quarter, a whopping 40% of its revenue. Airbnb spent just $14 million last quarter on capex, less than 1% of its revenue. Meanwhile, its free cash flow -- the amount that's left over after operating expenses and capital expenditures -- has soared. The $4.4 billion shown above is 40% of revenue over the same period. A 40% free cash flow margin is an incredible figure and bodes well for shareholders. Airbnb uses its cash to fund growth initiatives and reward shareholders through stock buybacks, which reduce the number of shares available, thereby increasing the value of each remaining share. Think of a company like a giant pizza, and every share is a slice. If the number of slices decreases, each of the remaining slices represents a larger portion of the pizza. Airbnb has repurchased $3.5 billion worth of its stock over the last 12 months, accounting for approximately 4% of its total market capitalization. It's likely to continue in this pattern for a long time, given its fantastic cash-producing business model. Is Airbnb a buy? Since free cash flow is what attracts me to Airbnb, the price-to-free-cash-flow ratio is my preferred metric for valuing the company. Airbnb currently trades for around 20 times free cash flow. This is well under its 2024 high of 29, and slightly below its 3-year average of 22. It is also lower than rival Booking Holdings, which trades for 23 times its own excellent free cash flow. In short, Airbnb is a better value based on cold, hard cash. Booking Holdings is also a fantastic company and is worth having in a portfolio. However, its market cap is more than twice that of Airbnb's, which means that Airbnb could have an easier time growing faster from here. At this valuation, it is an excellent buy-and-hold stock. Should you buy stock in Airbnb right now? Before you buy stock in Airbnb, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Airbnb wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Bradley Guichard has positions in Airbnb and CrowdStrike. The Motley Fool has positions in and recommends Airbnb, CrowdStrike, Intel, and Palantir Technologies. The Motley Fool recommends the following options: short August 2025 $24 calls on Intel. The Motley Fool has a disclosure policy. Airbnb's Cash Cow Can Thrive Despite Its Challenges was originally published by The Motley Fool
Yahoo
21 hours ago
- Yahoo
A growing number of African Americans are leaving the US. Kenya is welcoming them with open arms
For years, Kenneth Harris yearned for a place where his dark skin was a mark of shared heritage, not suspicion. Two years ago, the 38-year-old retired veteran found that solace in Kenya, buying a one-way ticket from Atlanta. Now based in Nairobi, Mr Harris has established an Airbnb business and found a vibrant community. He enjoys a luxurious lifestyle in an upmarket apartment, often admiring the city's golden sunsets from his rooftop terrace. Mr Harris is among a growing number of African Americans choosing to relocate to the East African nation, often describing the move as 'coming home' – a phrase commonly used within the Black community to signify a reconnection with their ancestral roots. Like many others drawn to Nairobi in recent years, he was attracted by Kenya's tropical climate and the warmth and friendliness of its people, with whom he feels a profound historical and cultural connection. 'I have always had that adventurous spirit, especially when I joined the military and got to go to different countries. So I am taking the opportunity to venture out to new places," he said. 'That is what allowed me to make a home away from home and Kenya is my new home.' Some friends have reaching out to him to explore a 'change from the U.S for their peace of mind,' he said. Several other African Americans who have 'come home' like him have set up thriving businesses in Nairobi that include travel agencies, restaurants and farms. Many African Americans who have sought a better life abroad or are considering it said President Donald Trump's administration — with its crackdown on diversity programs — isn't the main reason they want to move. Rather, most say they had been mulling a move for some time, and the current political environment in the U.S. may be pushing them to act sooner than initially planned. 'I can't say the administration is the reason why the people I know want to part ways from America. Some are planning to move for a better quality of living life,' Harris said. Auston Holleman, an American YouTuber who has lived in various countries for almost a decade, said he settled on Kenya nine months ago because people 'look like me.' 'It is not like going to Europe or going to some Latin American countries where there are not many Black people,' he said. Holleman, who often films his daily life, said he felt that the social fabric in the U.S. was 'broken." In contrast, he said he felt socially accepted in Kenya. He cited an experience when his taxi driver's car stopped, and in five minutes they got help from a random stranger. 'That made me realize I was in the right place,' he said. Growing numbers are interested in leaving the US Other African countries have attracted even larger numbers of African Americans. Ghana, which launched a 'Year of the Return' program to attract the Black diaspora in 2019, said last year it held a ceremony that granted citizenship to 524 people, mostly Black Americans. African American businesses such as Adilah Relocation Services have seen a notable rise in the number of African Americans seeking to move to Kenya. The company's founder, Adilah Mohammad, moved to Kenya four days after her mother's funeral in search of healing. She says the peace and restoration she experienced in Kenya made her stay — and advocate for those searching for the same. Her company helps clients relocate by house hunting, shopping for furniture and ensuring banking and medical services are seamless. 'There are 15 families that have come so far, and we have five more on the calendar that are coming in the next 90 days. We have people that have booked for 2026 with no date, they just know that they are leaving,' she says. Mohammad said many African Americans have been planning their move for decades. 'For me it is a movement. It is people deciding to make a choice for themselves, they are not being forced, shackles are being broken. When they say they are coming home, they are choosing to be free and it is mental freedom and so I am ecstatic,' she says. Experts say African economies are likely to benefit from these moves, especially from those willing to tackle corruption and create a healthy environment for investors. Raphael Obonyo, a public policy expert at U.N-Habitat, says the U.S is losing resources — as well as the popular narrative that America is the land of opportunities and dreams. 'This reverse migration is denting that narrative, so America is most likely to lose including things like brain drain,' he explained. For Mohammad, the sense of belonging has given her peace within. 'I love being here. Returning to Africa is one thing, but finding the place that you feel like you belong is another,' she said. Solve the daily Crossword