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,...

The total revenue of Airbnb reached **** billion U.S. dollars in 2024. This was an increase over the previous year's total of **** billion. The decrease in revenue in 2020 can be attributed to the coronavirus (COVID-19) pandemic, which caused travel disruption across the globe. When breaking down Airbnb revenue by region, ***************************************, brought in the most revenue in 2024. Where are Airbnb’s biggest markets? Airbnb is a home sharing economy platform that operates in many countries around the world. The company’s biggest market is in ************* where Airbnb’s gross booking value amounted to **** billion U.S. dollars. Meanwhile, Latin American travelers stayed more nights with Airbnb on average than those in the Asia Pacific region. How did COVID-19 impact Airbnb? The COVID-19 pandemic impacted the travel and tourism industry worldwide, with many countries initiating stay at home orders or travel bans to prevent the spread of the virus. In addition to a decrease in revenue in 2020, the company also experienced a reduction in the number of nights and experiences booked with Airbnb. Bookings fell to under *** million in 2020 due to these travel restrictions. In 2024, Airbnb reported over *** million booked nights and experiences, a significant increase over the previous year.

************* was the region that brought in the highest amount of Airbnb’s worldwide revenue in 2024, at ************ U.S. dollars. As the company is based in the United States, this is not surprising. However, the Europe, Middle East, and Africa (EMEA) region was not too far behind with *********** U.S. dollars in revenue.************** also reported the highest average number of nights booked by region with Airbnb in 2024.

This is the complete breakdown of how much revenue Airbnb makes in commission from listings in each region.

These are the Airbnb statistics on gross revenue by country.

Airbnb net profit margin for the quarter ending March 31, 2025 was 22.6%. Airbnb average net profit margin for 2024 was 33.79%, a 12.12% decline from 2023. Airbnb average net profit margin for 2023 was 38.45%, a 113.97% decline from 2022. Airbnb average net profit margin for 2022 was 17.97%, a 120.2% increase from 2021. Net profit margin can be defined as net Income as a portion of total sales revenue.

Airbnb net income/loss for the twelve months ending March 31, 2025 was $5.808B, a 47.03% decline year-over-year. Airbnb annual net income/loss for 2024 was $2.648B, a 44.74% decline from 2023. Airbnb annual net income/loss for 2023 was $4.792B, a 153.14% increase from 2022. Airbnb annual net income/loss for 2022 was $1.893B, a 637.78% decline from 2021.

Airbnb has a total of 6,132 employees that work for the company. 52.5% of Airbnb workers are male and 47.5% are female.

As of April 2022, one bedroom Airbnbs in Darwin had the highest average monthly revenue across Airbnbs in Australia, at around **** thousand Australian dollars. One bedroom Airbnbs in Melbourne had the lowest average monthly revenue at just over *** thousand Australian dollars.

The majority of guests on Airbnb are women. Most Airbnb guests are aged 25 to 34.

The current average price per night globally on Airbnb is $137 per night.

The Airbnb's mobile app had been downloaded nearly ********** times in Brazil as of July 2022, according to AppMagic data. Among the listed countries, Mexico ranked second, with *********** downloads of the U.S.-based accommodation platform app. In 2021, Airbnb generated a revenue of approximately *********** U.S. dollars in Latin America.

Listings per region on Airbnb declined from 2020 to 2021. Globally in 2021, there were a total of 12.7 million listings.

Short term rental bookings through Airbnb and Booking saw a decline that began towards the end of 2020. The travel and tourism industry was one of the worst hit by the coronavirus (COVID-19) pandemic, however, Airbnb did see a growth in bookings in January 2022 of 17 percent and in the same month Booking saw a decline of only 17 percent.

Which are the leading OTAs?

In recent years, the travel industry’s online presence has grown considerably, and travelers are now able to book trips themselves online through OTAs. The leading OTAs worldwide by revenue included Booking, Expedia, Airbnb, and Trip.com. Airbnb in particular has grown rapidly in recent years. In 2021, Airbnb’s revenue worldwide was nearly six billion U.S. dollars.

How did COVID-19 impact travel and OTAs?

In addition to the reduction in bookings experienced by leading OTAs in 2020 due to COVID-19, the travel industry as a whole was also forecasted to suffer a considerable decrease in revenue. As many countries enacted stay at home orders and travel restrictions, the change in revenue in the travel and tourism industry worldwide due to COVID-19 led to a decrease of over 40 percent from original forecasts for 2020’s revenue.

Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism fuelled accommodation demand prior to the COVID-19 outbreak, but travel restrictions then decimated revenue. Revenue is slated to contract at a compound annual rate of 9.5% over the five years through 2024 to €187.9 billion, including an expected 3.2% drop in 2024. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic. Strict restrictions on international travel decimated tourist numbers, with holiday accommodation sites forced to close for long periods in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets and made them less confident of their financial prospects confidence, limiting spending on holidays. European hotels and short-term accommodation providers faces intense competition, putting pressure on prices and RevPAR. The growing popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. Revenue is forecast to swell at a compound annual rate of 2.9% over the five years through 2029 to €217 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. As consumer confidence improves and inflation edges back down to more normal levels, disposable income will climb, stimulating holiday spending. Hotels and short-term accommodation providers will continue to face competitive pressures as the popularity of short-term rental platforms grows, hindering revenue and profit.

Total global revenue from sharing economy platform is expected to reach **** billion U.S. dollars in 2022. The sharing economy The sharing economy is where technology is used to match private owners of a product or service directly with consumers. This differs from traditional arrangements as the company who offers the product or service does not own it, they only facilitate an interaction between individuals. Uber is probably the name most associated with the sharing economy, whose online platform allowed for ridesharing services at rates generally cheaper than traditional taxies, leading to the company generating **** billion U.S. dollars in revenue in 2018. Airbnb is the other most prominent company within the sharing economy, providing an online platform allowing for private residential space to be rented to travelers. In most cases, this allows for accommodation at prices below that of a hotel. Further growth While the sharing economy overall is expected to continue growing, the market value of both Uber and Airbnb is slowing. There are several reasons for this. First, both companies have lost their first mover advantage, whereby being the first company of their type allowed for rapid growth. For example, Chinese ridesharing company DiDi was founded three years after Uber but started operating in the Chinese market several years before Uber. This allowed DiDi to eventually purchase Uber’s Chinese operations, making them now the second largest ridesharing company globally. The second reason is the increasing regulation of these services, which were often set up specifically to escape regulation. For example, in 2018 Berlin banned the renting of full apartments through Airbnb and in 2019, New York City implemented regulations requiring all ridesharing drivers to be paid a minimum wage of ***** U.S. dollars per hour before expenses (or ***** U.S. dollars after expenses).

As of December 2024, Airbnb's global market capitalization was **** billion U.S. dollars, down from around **** billion U.S. dollars the previous year. The company's market capitalization peaked in 2021 at over *** billion U.S. dollars.

Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism fuelled accommodation demand prior to the COVID-19 outbreak, but travel restrictions then decimated revenue. Revenue is slated to contract at a compound annual rate of 9.5% over the five years through 2024 to €187.9 billion, including an expected 3.2% drop in 2024. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic. Strict restrictions on international travel decimated tourist numbers, with holiday accommodation sites forced to close for long periods in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets and made them less confident of their financial prospects confidence, limiting spending on holidays. European hotels and short-term accommodation providers faces intense competition, putting pressure on prices and RevPAR. The growing popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. Revenue is forecast to swell at a compound annual rate of 2.9% over the five years through 2029 to €217 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. As consumer confidence improves and inflation edges back down to more normal levels, disposable income will climb, stimulating holiday spending. Hotels and short-term accommodation providers will continue to face competitive pressures as the popularity of short-term rental platforms grows, hindering revenue and profit.

Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism fuelled accommodation demand prior to the COVID-19 outbreak, but travel restrictions then decimated revenue. Revenue is slated to contract at a compound annual rate of 9.5% over the five years through 2024 to €187.9 billion, including an expected 3.2% drop in 2024. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic. Strict restrictions on international travel decimated tourist numbers, with holiday accommodation sites forced to close for long periods in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets and made them less confident of their financial prospects confidence, limiting spending on holidays. European hotels and short-term accommodation providers faces intense competition, putting pressure on prices and RevPAR. The growing popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. Revenue is forecast to swell at a compound annual rate of 2.9% over the five years through 2029 to €217 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. As consumer confidence improves and inflation edges back down to more normal levels, disposable income will climb, stimulating holiday spending. Hotels and short-term accommodation providers will continue to face competitive pressures as the popularity of short-term rental platforms grows, hindering revenue and profit.

The adoption of short-term rental platforms is expected to increase at a CAGR of 19.1% during the forecast period. The Short-Term Rental Platform market size is anticipated to rise from US$ 4,503.2 million in 2022 to US$ 25,829.9 million in 2032.

Attribute	Details
Short-Term Rental Platform Market Estimated Size (2022)	US$ 4,503.2 million
Short-Term Rental Platform Market CAGR (2022 to 2032)	19.1%
Short-Term Rental Platform Market Forecasted Size (2032)	US$ 25,829.9 million

Scope of the Report

Attribute	Details
Growth Rate	CAGR of 19.1% from 2022 to 2032
Base Year of Estimation	2022
Historical Data	2017 to 2021
Forecast Period	2022 to 2032
Quantitative Units	Revenue in US$ million and Volume in Units and F-CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis
Key Segments Covered	By Deployment By Accommodation By End User By Region
Regions Covered	North America Latin America Europe East Asia South Asia Middle East & Africa Oceania
Key Countries Profiled	USA Canada Brazil Mexico Germany Italy France United Kingdom Spain Russia China Japan India GCC Countries Australia
Key Companies Profiled	9flats.com Pte Ltd. Airbnb Inc. Booking Holdings Inc. Expedia Group Inc. Hotelplan Holding AG MakeMyTrip Pvt. Ltd. NOVASOL AS Oravel Stays Pvt. Ltd. TripAdvisor Inc. Wyndham Destinations Inc.
Customization & Pricing	Available upon Request