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Research Summary. Airbnb has taken the accommodation market by storm and rivaled even the largest hotels. Today, it is available as a hotel alternative in nearly every country around the world. While Airbnb took a hit during the pandemic in 2020, they’re now back and bigger than ever to capitalize on people’s newfound urge to travel.
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There are 150 million active users on Airbnb around the world
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There are 6 million active listings on Airbnb worldwide as of 2021
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There are over 4 million hosts on Airbnb worldwide as of 2021
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Airbnb operates in 100,000 cities and towns
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There have been over one billion guests that have stayed at AirBnBs
For further analysis, we broke down the data in the following ways:
General | Guests | Trends and Projections | Hosts
General Airbnb Statistics
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Airbnb has a market cap of $78.92 billion.
According to market capitalization, Airbnb is the world’s 165th most valuable company.
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Airbnb is available in over 100,000 cities and towns worldwide.
You can stay in an Airbnb in over 191 countries around the globe. That means that Airbnb is available in 97.9% of the world.
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In 2021, 356.9 million nightly bookings were made on Airbnb.
The number of annual AirBnB bookings increased dramatically from 2020 when there were only 251.1 million bookings. In 2021, Airbnb reported a gross booking value of $46.88 billion.
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Between 2008 and 2017, Airbnb had a compound annual growth rate (CAGR) of 100% over ten years.
The majority of this growth has been seen in the United States. Although, this has included expansion abroad too.
Airbnb Statistics by Guests
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Millennials account for 77 million of all the guest arrivals on Airbnb
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On any given night, 2 million people are staying at AirBnBs around the world on average
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The average price of an Airbnb stay in the United States is $208 per night as of 2021
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The average price of an Airbnb stay globally is $137 per night as of 2021
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The average price of a hotel stay in the United States is $135.28 per night as of 2021
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While AirBnBs were once as much as 21% cheaper than hotels in 2013, they have become much more expensive in recent years
Airbnb Trends and Projections
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Airbnb’s net income increased by 0.97% between 2020 and 2021.
Comparatively, Airbnb guest arrivals increased by over 42% between 2017 and 2018. The pandemic has put a major damper on AirBnB’s massive wave of growth.
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In Q1 of 2020, AirBnB’s revenue was $842 million.
By Q4 of 2021, AirBnB’s revenue had reached 1.532 billion. Suffice to say that they have come back from the setbacks of COVID-19.
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Airbnb’s annual revenue was $0.4 billion in 2014, and by 2017, its revenue had reached $2.6 billion.
In 2019, Airbnb was bringing in $4.7 billion in revenue annually. Even though the company took a dip to $3.4 billion in 2020, they’re better than ever before today in terms of revenue. In 2021, AirBnB had revenues of $5.9 billion.
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There were 52 million bookings on AirBnB in 2016, and by 2018, there were 140 million bookings.
In 2019, Airbnb reached its pinnacle of 272 bookings, but the pandemic set them back to 193 million in 2020. As of 2021, things are back in business, though. There were 300 million bookings made on AirBnB in 2021.
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AirBnB’s year-over-year revenue increased by almost 80% between Q4 of 2020 and Q4 of 2021.
While the COVID-19 pandemic slowed AirBnB down a little during 2020, the company is definitely capitalizing on people’s desire to get back out into the world.
Airbnb Statistics by Hosts
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Airbnb hosts in the United States make an average of $13.8K per year
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The average Airbnb occupancy rate in the United States is 48%
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Airbnb accounts for 18% of the total lodging options in the United States
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There are over 4 million hosts on AirBnB around the world
Airbnb Statistics FAQ
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Is Airbnb profitable?
Airbnb is a profitable business that brought in revenue of 1.5 billion in 2021. It can be a lucrative endeavor for the site’s 4 million+ hosts around the world. However, it is pretty difficult to get rich just by hosting Airbnbs.
On average, Airbnb hosts in the United States make 13,800 per year, or a little over $1,000 per month. Sure, that’s great if you can accumulate 10-20 properties, but it’s hard to reach and maintain that milestone.
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What is the average Airbnb booking rate?
The average Airbnb booking rate is between 1% and 3%.
A host’s booking rate on Airbnb is the percentage of how many guests booked a place after viewing the listing. A good Airbnb booking rate is around 2%, but it can vary depending on a few factors, like the availability of different properties in a particular location.
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What is the average Airbnb occupancy rate?
The average Airbnb occupancy rate in the United States is 48%.
A listing’s occupancy rate on Airbnb refers to the number of days during a period of time that the listing is occupied by a guest. In other words, all the Airbnbs in the U.S. has guests in them about half the time. That’s a pretty good margin.
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How many listings does Airbnb have?
There are six million active listings on Airbnb worldwide as of 2021.
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How much is Airbnb worth?
Airbnb is worth approximately $113 billion as of 2021.
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Is Airbnb growing?
Yes, Airbnb is growing massively in 2022 after hitting some road bumps amidst the pandemic. Even though Airbnb’s revenue dipped down to $3.4 billion in 2020 when COVID happened, it’s risen back better than ever. In 2021, Airbnb brought in $5.9 billion, nearly 1 billion more than they had in 2019 before the pandemic.
Conclusion
Airbnb is a major player in the accommodations industry, with more than 150 million active users around the world. It’s actually one of the richest companies in general, and it’s easy to see why. Right now, there are six million active rental listings and over 4 million hosts on Airbnb, with more joining every year. Over one billion guests have stayed in Airbnbs.
Today, Airbnb is everywhere. It operates in 100,000 cities and almost every single country in the world. On any given night, there are 2 million people staying at Airbnbs globally.
While Airbnbs was as much as 21% cheaper than hotels in 2013, they’re now just as expensive, if not more. In the United States, the average price of an Airbnb is $208 per night, while the average hotel cost per night is $135.
While Airbnb’s Q1 2020 revenue dropped down to $842 million, its revenue ballooned back up to $1.5 billion in 2021 – higher than it had ever been. It’s predicted that this burst of Airbnb revenue and bookings will continue because people are craving travel more than ever.
References
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Statistica. • Airbnb: number of users US 2016-2022. Accessed on May 10, 2022
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Airbnb. About us – Airbnb Newsroom. Accessed on May 10, 2022
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Airbnb. Airbnb Trust & Safety – Your safety is our priority. Accessed on May 10, 2022
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Business of Apps. Airbnb Revenue and Usage Statistics (2022). Accessed on May 10, 2022
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Companies Market Cap. Airbnb (ABNB) – Market capitalization. Accessed on May 10, 2022
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Statistica. • Airbnb gross booking value worldwide 2021 | Statista. Accessed on May 10, 2022
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All the Rooms. Airbnb Statistics: Airbnb Stats For Your Market [2022]. Accessed on May 10, 2022
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Boston University. Airbnb and the Hotel Industry: The Past, Present, and Future of Sales, Marketing, Branding, and Revenue Management | Boston Hospitality Review. Accessed on May 10, 2022
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Airbnb. Airbnb and The Rise of Millennial Travel. Accessed on May 10, 2022
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All the Rooms. Average Airbnb Prices By City [2022]. Accessed on May 10, 2022
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Money Under 30. Hotels Vs. Airbnb: How Much Can You Save? – Money Under 30. Accessed on May 10, 2022
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Airbnb. Airbnb fourth quarter and full-year 2021 financial results. Accessed on May 10, 2022
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All the Rooms. Average Airbnb Occupancy Rates By City [2022] | AllTheRooms. Accessed on May 10, 2022
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Reuters. Shift to sun, ski and suburbs gives Airbnb advantage over hotels | Reuters. Accessed on May 10, 2022
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Unbound Investor. My Average Airbnb Booking Rate Percentage. Accessed on May 10, 2022
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Statistica. Company value of Airbnb worldwide 2016-2021. Accessed on May 10, 2022
Author
Sky Ariella is a professional freelance writer, originally from New York. She has been featured on websites and online magazines covering topics in career, travel, and lifestyle. She received her BA in psychology from Hunter College.
