Sophie Blake
Airbnb started in 2008 with two designers with a place to share, hosting three travelers looking for a place to stay. It is an e-commerce platform based on accommodation and service that brings together owners who want to rent their homes and people looking for accommodation in that area for a limited time.
Company Profile
- Founders: Brian Chesky, Joe Gebbia, Nathan Blecharczyk
- Founded Date: 2008
- Headquarter: San Francisco, California
- Number of Employees: 10000+
- Crunchbase Profile: Profile Link
Airbnb Usage Statistics (2024)
- For the forth quarter of 2023, Airbnb guests booked 98.8 million nights and experiences, representing a year-over-year increase of 12%, marking its highest fourth quarter ever.
- For the full year 2023, Airbnb reported 448.2 million nights and experiences booked, up 14% year-over-year.
| Year | Airbnb Bookings |
|---|---|
| 2023 | 448.2 million |
| 2022 | 393.7 million |
| 2021 | 300 million |
| 2020 | 193 million |
| 2019 | 272 million |
| 2018 | 140 million |
| 2017 | 115 million |
| 2016 | 52 million |
- Airbnb ended 2023 with 7.7 million active listings, up 18% year-over-year.
- As the coronavirus pandemic forced consumers to stay home, Airbnb customers canceled more than $1 billion in bookings as of June 2020. (Fortune)
- As of September 2020, an average host has earned $7,900 annually through Airbnb.
- From its launch in August 2008 to October 2020, hosts on Airbnb have earned more than $ 110 billion in total.
Airbnb Revenue Statistics (2024)
- For Q4 2023, Airbnb revenue was $2.2 billion, an increase of 17% year-over-year. For the full year 2023, Airbnb reported revenue of $9.9 billion, up 18% year-over-year.
| Year | Airbnb Revenue |
|---|---|
| 2023 | $9.9 billion |
| 2022 | $8.4 billion |
| 2021 | $5.99 billion |
| 2020 | $3.38 billion |
| 2019 | $4.81 billion |
| 2018 | $3.65 billion |
| 2017 | $2.56 billion |
| 2016 | $1.7 billion |
| 2015 | $900 million |
| 2014 | $423 million |
- Airbnb’s gross booking revenue for Q4 2023 was $15.5 billion, up 15% year-over-year. In Q4 2023. The company’s gross bookings value for the full year 2023 was $73.3 billion, up 16% YoY.
- Airbnb expects revenue of $2.03 billion to $2.07 billion in Q1 2024. This represents the year-over-year growth of between 12% and 14%.
- Airbnb filed for an initial public offering in November 2020.
- Airbnb opened at $146 on the Nasdaq, far above the IPO price of $68 per share that raised $3.5 billion for the company. The stock hit a high of $165 and closed at $144.71. (Reuters)
Airbnb Valuation
Shares of Airbnb Inc more than doubled in their stock market debut in the second week of December 2020, valuing the home rental firm at just over $100 billion in the biggest U.S. initial public offering (IPO) of 2020 and capping a bumper year in which investors flocked to tech stocks.
| Airbnb Valuation | |
| February 2023 | $73.71 billion |
| 2020 | $100 billion |
| 2019 | $35 billion |
| 2018 | $38 billion |
| 2017 | $31 billion |
| 2016 | $30 billion |
| 2015 | $20 billion |
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