Airbnb Revenue and Usage Statistics (2024)

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.

• 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.

• 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.