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 (2023)
+ For the forth quarter of 2022, Airbnb guests booked 88.2 million nights and experiences, representing a year-over-year increase of 20%. Four million hosts have listed 142.7 million properties around the world. (Airbnb)
+ For the full year 2022, Airbnb reported 393.7 million nights and experiences booked.
| Year | Airbnb Bookings |
|---|---|
| 2022 | 393.7 million |
| 2021 | 300 million |
| 2020 | 193 million |
| 2019 | 272 million |
| 2018 | 140 million |
| 2017 | 115 million |
| 2016 | 52 million |
+ Airbnb ended 2022 with 6.6 million active listings, up 16% 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 (2023)
+ For Q4 2022, Airbnb revenue was $1.9 billion, an increase of 24% year-over-year. For the full year 2022, Airbnb reported revenue of $8.4 billion, up 40% year-over.year.
| Year | Airbnb Revenue |
|---|---|
| 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 2022 was $13.5 billion, up 20% year-over-year. In Q4 2022, long-term stays of 28 days or more accounted for 21% of gross nights booked in Q4 2022, stable with Q4 2021.
+ Airbnb expects revenue of $1.75 billion to $1.82 billion in Q1 2023. This represents the year-over-year growth of between 16% and 21%.
+ 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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