SAN FRANCISCO — Airbnb has committed to hosting at least 20,020 guests between the 2020 Republican National Convention in Charlotte and the Democratic National Convention in Milwaukee, according to a statement.

Charlotte is expected to have 50,000 attendees at the RNC in August of 2020. Nearly 100 guests have already booked an Airbnb accommodation for the event.

Hosts can expect to keep 97 percent of earnings from the transactions, the company said.

Over the past two election cycles, hosts earned nearly $300 million between the two conventions according to Airbnb.

Airbnb’s popularity has grown significantly since it hosted 80 guests at the 2008 DNC in Denver. Hosts welcomed almost 8,000 guests during conventions in Charlotte, Tampa, Cleveland and Philadelphia, Airbnb said in the statement.

‘“With both states key to the 2020 election, our North Carolina and Wisconsin communities of hosts and guests are excited to be ambassadors at large, welcoming visitors from around the world to their respective state,” said Chris Lehane, SVP of Global Policy for Airbnb. “The eyes of North Carolina and well beyond, will be upon Charlotte from August 24-27.”

Airbnb was founded in 2008, the same year as the company first hosted guests for the DNC in Denver.

This story is from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism.