Airbnb Revenue and Usage Statistics (2024)

David Curry

Updated: March 15, 2024

In 2007, a cash-strapped Brian Chesky came up with a shrewd way to pay his $1,200 San Francisco apartment rent. He would offer “Air bed and breakfast”, which consisted of three airbeds, breakfast, WiFi and a desk to work, to attendees of the Industrial Design Conference, who needed a place to crash over the weekend.

After an initial period of uncertainty, in which the founders sold Barack Obama and John McCain cereal to sustain the business (seriously), the company received $20,000 in seed funding from Y Combinator and Sequoia Capital. The next year, it ran a Series A round which generated $7.2 million for the startup.

Things moved quickly from there, in May 2011 Airbnb acquired Accoleo, a German clone of the website and launched in Europe. International expansion continued at a rapid pace, reaching South America, Asia and Australia by the end of 2012.

As it expanded, Airbnb has faced persistent opposition from several major cities, due to a perceived increase in the cost of rent for locals. Barcelona, Amsterdam, Paris, Venice and San Francisco, amongst others, have enacted regulations specifically targeted at the short-term rental market Airbnb popularized.

In 2016, Airbnb expanded its service to include experiences, in which a host could offer tours or tickets to events through the app. The company planned to launch an airline, although with the coronavirus pandemic those plans have been delayed indefinitely.

For the past three years, Airbnb has consolidated its position in the market. It acquired Luxury Retreats in 2017 for $200 million, followed by a $400 million acquisition of HotelTonight in 2019. Even with these acquisitions, it is still considered a rather “light” asset company in comparison to its main rivals, Expedia and Bookings.com.

Airbnb was one of the hardest hit platforms by the COVID-19. At the pandemic peak, new bookings were down 85 percent, although app usage has gradually increased as countries have relaxed travel restrictions.

Many Airbnb hosts in major cities switched to long-term rentals as the short-term market collapsed in March, as a way to maintain a steady (if lower) income. To keep hosts on the platform, Airbnb launched monthly stays, similar to a normal rental service, but without the usual yearly rental agreement.

Airbnb planned to IPO in early 2020, but with the pandemic it delayed its public launch until December 2020. By the middle of 2021, it was reporting activity on level with pre-pandemic levels, and 2022 saw it surpass 2019 figures in booking volume and usage.

We’ve collected data and statistics on Airbnb. Read on to find out more.

Airbnb Key Statistics

  • Airbnb generated $9.9 billion in revenue in 2023, a 19.2% year-on-year increase
  • Airbnb has an estimated 265 million users, though the official number has not been updated since 2020
  • In 2023, 448 million bookings were made on Airbnb, a 13.9% increase on 2022
  • There were 7.7 million listings on Airbnb, run by four million hosts

Airbnb Overview

Title 1Title 2
Launch date11 August 2008
HQSan Francisco, California
PeopleBrian Chesky (CEO), Joe Gebbia (Chairman), Nathan Blecharczyk (CSO)
Business typePublic (NASDAQ: ABNB)
IndustryTravel

Airbnb Revenue

Airbnb saw its revenues increase by 19.2% in 2023, another strong year of growth and double pre-pandemic levels.

Airbnb quarterly revenue 2019 to 2023 ($mm)

Airbnb annual revenue 2014 to 2023 ($bn)

YearRevenue ($bn)
20140.4
20150.9
20161.7
20172.6
20183.6
20194.8
20203.3
20215.9
20228.3
20239.9

Sources: Bloomberg, CB Insights, Company data

Airbnb Profit

Airbnb reported a net income of $4.7 billion, the company’s second year of profit in a row.

Airbnb annual net income/loss 2017 to 2023 ($mm)

YearNet income/loss ($mm)
2017-70
2018-17
2019-674
2020-4525
2021-352
20221893
20234791

Source: Company data, Fortune

Airbnb Gross Bookings Value

Airbnb had a gross bookings value of $73.3 billion in 2023, a 15.9% increase on the previous year.

Airbnb annual gross bookings value 2017 to 2023 ($bn)

YearGross booking value ($bn)
201720.9
201829.4
201937.9
202023.9
202146.8
202263.2
202373.3

Airbnb Bookings

Airbnb bookings increased by 13.9% in 2022, from 393 million in 2022 to 448 million in 2023.

Airbnb annual bookings 2016 to 2023 (mm)

YearBookings (mm)
201652
2017115
2018140
2019272
2020193
2021300
2022393
2023448

Sources: CNBC, Company data

Airbnb Listings

Airbnb has 7.7 million listings worldwide, a 16.6% increase on 2022 figures and a new record for Airbnb.

Airbnb annual listings 2013 to 2023 (mm)

YearListings (mm)
20130.3
20140.8
20151.2
20162.1
20174
20186
20197
20205.6
20216
20226.6
20237.7

Sources: Company data, TechCrunch

Airbnb Users

Airbnb said it had 200 million active users in 2020, but has not updated this statistic since. We estimate it is at 265 million now.

Airbnb annual users 2012 to 2023 (mm)

YearUsers (mm)
20126
201450
2016100
2018150
2020200
2022230
2023265

Note: Airbnb has not updated its active users since 2020. Sources: RJMetrics, The Guardian

Airbnb vs Competitors: US Market Share


Airbnb FAQ

How many people have stayed in Airbnb homes?

Over half a billion guests have stayed in an Airbnb home, earning the hosts $65 billion

How many countries is Airbnb active in?

Airbnb is active in over 200 countries and 81,000 cities

What are the most popular cities for Airbnb?

Tokyo, Paris, Osaka, New York City and London are the most popular cities

How many experiences are available on Airbnb?

Over 50,000 experiences are available, including DNA necklace crafting, learning how to eat fire and a neural enhancement experience

What generation uses Airbnb the most?

60% of Airbnb’s userbase are millennials

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