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Growth
As of 2021, Airbnb has over 4 million hosts across 220 countries and regions worldwide. Since its founding in 2008, the business has expanded quickly, welcoming more than 800 million visitors.
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Listing Types
Airbnb offers a range of accommodation types, from private rooms and shared spaces to entire homes and unique properties such as treehouses or castles. As of 2021, over 7 million listings are available on the platform.
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Host Income
According to Airbnb, the typical host earns around $9,600 per year from hosting on the platform. However, this varies widely based on location, type of listing, and other factors.
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Guest Demographics
Airbnb has a diverse user base, with guests from all over the world. In 2019, the top 10 guest nationalities were from the United States, China, France, Germany, the United Kingdom, Australia, Canada, Italy, Spain, and the Netherlands.
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Impact on Tourism
Airbnb has had a significant impact on the tourism industry. In some cities, the number of Airbnb listings has surpassed the number of traditional hotels, leading to concerns about the impact on local communities and housing availability.
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Economic Impact
In 2019, Airbnb's estimated economic impact was $100 billion, including the income hosts earned, the money guests spent on local businesses, and the savings from using Airbnb over traditional accommodations.
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COVID-19 Impact
The COVID-19 pandemic significantly impacted Airbnb, with travel restrictions and safety concerns leading to a decrease in bookings. However, the company has also seen an increase in domestic bookings and longer-term stays as people seek alternative options for working and living.
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Sustainability Efforts
In recent years, Airbnb has addressed sustainability and environmental issues, including launching a sustainability pledge and introducing eco-friendly features such as green cleaning practices and carbon offsets.
Airbnb Revenue and Usage Statistics
A well-known internet marketplace for vacation rentals and short-term housing is Airbnb. Founded in 2008, it has become a popular alternative to traditional hotels and has grown significantly recently. In this article, we will explore Airbnb statistics in 2023.
According to industry experts, Airbnb's revenue in 2023 is expected to reach $10.3 billion, up from $4.7 billion in 2020. This growth is largely due to the company's expansion into new markets and the increasing popularity of short-term vacation rentals.
In terms of usage, Airbnb is expected to have 800 million guest arrivals in 2023, up from 500 million in 2020. This growth is largely driven by the increased demand for alternative accommodations and the company's continued expansion into new markets.
Additionally, Airbnb is expected to continue investing in technology and expanding its services beyond accommodations. In 2023, the company is expected to launch new features that will enable guests to book experiences and local activities and provide hosts with more tools to manage their properties. As a result, airbnb statistics are expected to continue to grow in 2023, driven by the company's focus on providing unique and memorable experiences for its guests and hosts.
Key Airbnb Statistics
Airbnb is an online marketplace that allows individuals to rent out their homes, apartments or spare rooms to travelers. Here are some key Airbnb statistics:
Airbnb Overview
| Category | Description |
|---|---|
| What is Airbnb | Airbnb is an online marketplace connecting travelers seeking accommodation and hosts offering unique spaces to stay. |
| Founders | Brian Chesky, Joe Gebbia, and Nathan Blecharczyk |
| Founded | August 2008 |
| Headquarters | San Francisco, California, USA |
| Services | Vacation rentals, Experiences, and Restaurants |
| Number of Users | Over 500 million guests and 4 million hosts in over 220 countries and regions |
| Revenue (2021) | $4.7 billion |
| IPO Date | December 10, 2020 |
| Ticker Symbol | ABNB |
| Market Capitalization (as of Feb 23, 2023) | $107.6 billion |
| Key Competitors | Expedia, Booking.com, Vrbo |
| Impact | Airbnb has disrupted the traditional hotel industry and created new opportunities for hosts to monetize their homes and experiences. However, it has also faced criticism for exacerbating the housing shortage in some cities and contributing to overtourism. |
Airbnb Revenue
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According to Airbnb statistics showing earnings reports, the company made $5.99 billion in U.S. dollars in 2021.
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A total of 3.38 billion guests stayed on Airbnb last year. Airbnb is a platform that connects hosts with travelers, allowing hosts to rent out their homes or rooms.
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The company generates revenue by charging hosts and guests fees for using the platform.
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Hosts are charged a service fee of 3% for each booking, while guests are charged a service fee of 0-20% depending on the reservation subtotal.
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In addition to service fees, Airbnb generates revenue through various other offerings, including experiences and luxury rentals.
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Over the previous year, Airbnb statistics reported a gross booking value of 46.88 billion U.S. dollars in 2021.
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In 2020, Airbnb's total revenue was $3.4 billion, down from $4.8 billion in 2019 due to the COVID-19 pandemic's impact on travel.
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The company went public in December 2020 with an initial public offering (IPO) that raised $3.5 billion and valued the company at $47 billion.
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As of 2021, Airbnb operates in over 220 countries and regions worldwide, with over 4 million hosts and 800 million guest arrivals since its inception in 2008.
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In addition to its core platform, Airbnb has launched several other initiatives to drive revenue growth, including Airbnb Plus, Airbnb for Work, and Airbnb Luxe.
Airbnb Profit
Airbnb is a privately held company and does not publicly disclose its financial information regularly.
According to Airbnb statistics, it lost $352 million in 2021, down from $4.5 billion in 2020.
Airbnb Annual Net Income/Loss 2017 to 2021 ($mm)
| Year | Net income/loss ($mm) |
|---|---|
| 2017 | -70 |
| 2018 | -17 |
| 2019 | -674 |
| 2020 | -4525 |
| 2021 | -352 |
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However, it has filed paperwork with the Securities and Exchange Commission (SEC), indicating some details of its financial performance.
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According to its S-1 filing with the SEC in December 2020, Airbnb reported revenues of $2.5 billion in 2019 but incurred a net loss of $674 million for the same period.
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The company also reported a net loss of $696 million for the first nine months of 2020, attributed to the impact of the COVID-19 pandemic on the travel industry.
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It's worth noting that these figures only represent a snapshot of Airbnb's financial performance at a given time and do not provide a comprehensive overview of the company's earnings throughout its existence.
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Additionally, as a private company, Airbnb is not required to disclose its financial information publicly regularly, so it's difficult to estimate its overall profits.
Airbnb Statistics Bookings
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September 2021, Airbnb statistics reported having over 5.6 million active listings worldwide and more than 900 million guest arrivals since its founding in 2008.
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Airbnb statistics show bookings increased by 55% in 2021, from 193 million in 2020 to 300 million in 2021.
Airbnb Annual Bookings 2016 to 2021 (mm)
| Year | Bookings (mm) |
|---|---|
| 2016 | 52 |
| 2017 | 115 |
| 2018 | 140 |
| 2019 | 272 |
| 2020 | 193 |
| 2021 | 300 |
Airbnb Listings
In 2019, Airbnb statistics reported seven million listings, a 7% increase over 2020 figures but a decline from the six million listings reported by Airbnb in 2020.
Airbnb Annual Listings 2013 to 2021 (mm)
| Year | Airbnb Annual Listings |
|---|---|
| 2013 | 0.30 mm |
| 2014 | 0.60 mm |
| 2015 | 1.20 mm |
| 2016 | 2.30 mm |
| 2017 | 4.00 mm |
| 2018 | 5.30 mm |
| 2019 | 6.00 mm |
| 2020 | 4.50 mm |
| 2021 | 4.00 mm |
| 2022 | 4.20 mm |
Airbnb Statistics Users
According to Airbnb statistics, 150 million users were active in 2018. However, updates have yet to be made to this Airbnb statistics since then.
The number of active users is estimated to be around 200 million.
Airbnb Annual Users 2012 to 2018 (mm)
| Year | Airbnb Annual Listings |
|---|---|
| 2012 | 6 million |
| 2013 | 9 million |
| 2014 | 14 million |
| 2015 | 35 million |
| 2016 | 100 million |
| 2017 | 150 million |
| 2018 | 170 million |
| 2019 | 223 million |
| 2020 | 240 million |
Airbnb FAQ
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How Many Countries is Airbnb Active In?
In September 2021, Airbnb was active in over 220 countries and regions worldwide. However, the number of countries Airbnb operates in may have changed since then. Therefore, it's best to check Airbnb's website for the most up-to-date information on the countries where their services are available.
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What Are The Most Popular Cities For Airbnb?
According to the Airbnb statistics available in 2021, the top five most popular cities for Airbnb globally were:
- Tokyo, Japan
- Paris, France
- New York City, USA
- London, UK
- Los Angeles, USA
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How Much Does It Cost To Build an App Like Airbnb?
The cost to build an app like Airbnb can vary widely depending on factors such as the features, complexity, platform, and development team's rates. Generally, it can range from $20,000 to $50,000 or more.
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Who are the most frequent Airbnb users?
Millennials are the generation that uses Airbnb the most, according to various studies. They are more likely to prioritize unique experiences over traditional hotel stays and are comfortable with sharing economy platforms. Additionally, many millennials are budget-conscious and see Airbnb as a more affordable option for travel accommodations.
