Airbnb Statistics

In 2021, Airbnb generated enabled $46.9 Billion in Gross Booking Value, and it generated $6 Billion in service fee revenues. In 2021, there were $300.6 Million Nights and Experiences Booked, ad an average service fee of 12.78%, at an Average Value per Booking, of $155.94.

Key FactsTotal Revenues in 2021$5.99 BNet Losses in 2021-$352 MillionFoundersBrian Chesky, Nathan Blecharczyk, Joe GebbiaYear & Place FoundedAugust 2008, San Francisco, CAAirbnb’s first investor
Y Combinator, on January 2009Year of IPODecember 10, 2020IPO Price$146.00Total Revenues at IPO$2.5 billion as of Nine Months Ended on September 30, prior to the IPOAirbnb Employees6,132 employees in 27 cities around the worldRevenues per Employee$977,129.81Key Financial Facts (Analysis by FourWeekMBA)2021Gross Booking Value$46.9 BillionRevenue$6 BillionNights and Experiences Booked$300.6 MillionAverage Service Fee12.78%Average Value per Booking$155.94Airbnb is a platform business model making money by charging guests a service fee between 5% and 15% of the reservation, while the commission from hosts is generally 3%. For instance, on a $100 booking per night set by a host, Airbnb might make as much as $15, split between host and guest fees. The Airbnb story began in 2008 when two friends shared their accommodation with three travelers looking for a place to stay. Just over a decade later, it is estimated that the company now accounts for over 20% of the vacation rental industry. As a travel platform, Airbnb competes with other brands like Booking.com, VRBO, FlipKey, and given its massive amount of traffic from Google. Also, platforms like Google Travel can be considered potential competitors able to cannibalize part of Airbnb’s market.

Read Next: Airbnb Business Model.

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