Airbnb Revenue and Usage Statistics (2021)

David Curry

Updated: February 28, 2021

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 has been 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 recently 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.

We’ve collected data and statistics on Airbnb’s users, bookings, revenue and valuation throughout the years below. Read on to find out more.

Airbnb key statistics

  • Airbnb generated $3.4 billion in revenue in 2020, a 30 percent loss year-on-year due to the coronavirus pandemic
  • Airbnb has 150 million users, though that number has not been updated since 2018
  • In 2020, 193 million bookings were made on Airbnb, a 41 percent contraction on the 272 million in 2019
  • There are over seven million listings on Airbnb, run by four million hosts

Airbnb overview

Launch date11 August 2008
HQSan Francisco, California
PeopleBrian Chesky (CEO), Joe Gebbia (chief product officer), Nathan Blecharczyk (chief strategy officer)
Business typePublic
IndustryVacation rental

Airbnb revenue

YearRevenue
2014$0.4 billion
2015$0.9 billion
2016$1.7 billion
2017$2.6 billion
2018$3.6 billion
2019$4.7 billion
2020$3.4 billion

Sources: CB Insights, Fortune, Bloomberg, Airbnb

Airbnb users

YearUsers
20126 million
201450 million
2016100 million
2018150 million

Sources: RJMetrics, Skift, The Guardian

Note: Airbnb has not updated its active users since 2018. We suspect it has not passed 200 million 

Airbnb bookings

YearBookings
201652 million
2017115 million
2018140 million
2019272 million
2020193 million

Sources: Statista, Forbes, CNBC

Airbnb listings

YearListings
20130.3 million
20140.8 million
20151.2 million
20162.1 million
20174 million
20186 million
2019 7 million

Sources: TechCrunch, Airbnb

Airbnb valuation

YearValuation
2014$10 billion
2015$20 billion
2016$30 billion
2019$38 billion
2020$18 billion

Sources: TechCrunch, Bloomberg, MarketWatch, Re/Code, The Wall Street Journal

Airbnb rivals

RivalsSubsidiaries and other websites
Expedia GroupExpedia.com, trivago, HomeAway, Vrbo, Hotels.com
TripadvisorFlipKey, Housetrip, Viator
Booking HoldingsBookings.com, Priceline, Agoda, Kayak

Airbnb gross bookings vs rivals

Note: Gross bookings for 2019. Amount in billions. 

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

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