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,...

This statistic shows the growth in revenue of Airbnb rooms in New York City over the previous year from 2011 to 2015, with forecasts from 2016 to 2018. In 2015, the revenue of Airbnb rooms in New York City grew ** percent over the previous year.

This statistic shows the revenue of Airbnb in New York City from 2010 to 2015, with forecasts from 2016 to 2018. In 2015, Airbnb generated an estimated ****** million U.S. dollars and this is expected to rise to ****** million U.S. dollars by 2018.

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.

In financial year 2020, the revenue of accommodation platform Airbnb India stood at *** million Indian rupees. This was a significant increase compared to the previous two years. The financial year 2020 was already impacted by the coronavirus (COVID-19) pandemic. In late March 2020, the Indian government imposed a countrywide lockdown as well as travel restrictions.

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.

The statistic shows the increasing valuation of Uber and Airbnb from 2014 to 2018. In 2018, the market value of Uber amounted to 76 billion U.S. dollars, up from 72 billion U.S. dollars the previous year.

According to data reported by Airbnb, travelers that use this rental platform in Mexico generated *** billion U.S. dollars in tourism revenues in 2018, putting Mexico in the top ten ranking of countries with the greatest Airbnb direct economic impact in the world. This impact was calculated based on host income and estimated guest spending.

On a survey, most Mexican hosts (** percent) said they used the platform to have an additional income, while about ** percent claimed to use the money earned through renting their accommodation to pay and maintain it. On the other hand, half of the guests surveyed said they spent the extra money they saved by staying in Airbnb rentals on the local businesses of the communities they visited.

This statistic provides figures for the estimated contribution of Airbnb hosts and guests to the economy in the United Kingdom (UK) between July 2017 and July 2018. Overall Airbnb contributed an estimated 3.5 billion British pounds to the UK economy, 854 million pounds worth of which was through income earned by local hosts.

The South African advertising industry is projected to grow from 1.35 billion U.S. dollars in 2011 to 3.24 billion U.S. dollars by 2023, owing to factors such as the growing number of advertising agencies, increased advertising spend by enterprises and the growth in digital and mobile advertising. Although TV and video was the largest medium in 2019, internet advertising is expected to account for the major share in the medium term, owing to growing internet penetration and the increasing number of mobile internet users. In fact, mobile advertising revenue is projected to grow over two-fold between 2018-2023. In terms of ad spend, Shoprite Holdings is the highest spender, with a total spend of nearly 1.48 billion South African rand in 2017-18. Clientele Life, followed by Unilever South Africa, Outsurance Insurance and Coca Cola South Africa follow suit respectively. The Omnicom media group is the leading advertising agency, having garnered 582 million U.S. dollars in 2017, followed by the Media shop and Mindshare. Advertising industry likely to experience recession in the short term Industry experts predict that a recession in the advertising sector is highly probable as enterprises all over the world are reducing their ad spend and postponing ad campaigns, owing to Covid-19. According to data from the World Federation of Advertisers, nearly 81 percent of large advertisers are deferring planned ad campaigns, including Coca Cola, Unilever, Visa and Airbnb.

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).

This statistic shows the average rental income in selected large cities in Florida in 2018, by type. In 2018, the average rental income for traditional rental properties in Miami amounted to ***** U.S. dollars, whereas Airbnb rentals brought in ***** U.S. dollars.

COVID-19 restrictions decimated the industry in 2020-21, bringing an end to a robust period of revenue growth for UK hotels thanks to a weak pound attracting international tourists and more Britons indulging in domestic retreats. Despite a strong tourism rebound, adverse economic conditions and elevated operating costs have constrained revenue and profit growth since 2022-23. Hotels’ revenue is expected to contract at a compound annual rate of 1.4% over the five years through 2024-25 to £24.1 billion, including an estimated 0.2% drop in 2024-25. Social distancing and lockdown measures resulted in hotels closing for a large chunk of 2020-21. Travel restrictions sunk international tourism, dissipating revenue, despite some support from staycations. Revenue surged in 2021-22 and 2022-23 due to the removal of COVID-19 restrictions and pent-up demand for holidaying, though it remained below pre-pandemic levels. The return of international tourists boosted recovery, while an increasing number of UK consumers opted for staycations. In 2023-24 and 2024-25, resilient tourism levels continue to support revenue. However, the lingering financial effects of the cost-of-living squeeze, poor weather and waning domestic demand are holding revenue down. Inbound tourism has continued to recover well in the two years through 2024-25, supporting revenue growth. The popularity of short-term rentals, including listings on Airbnb, Vrbo and Booking, is luring consumers away from hotels. The digital revolution is transforming the industry's operations, with online travel agents allowing independent hotels to target a broader customer base but also imposing commissions. These competitive pressures, combined with higher operating costs amid severe inflationary pressures and labour shortages, has weighed on the average profit margin. Hotels’ revenue is forecast to expand at a compound annual rate of 2.4% over the five years through 2029-30 to £27.2 billion. Growing tourism numbers, particularly international visitors, and improving confidence and disposable incomes will drive revenue growth. VisitBritain forecasts a record 43.4 million inbound visits to the UK in 2025. Platforms like Airbnb will continue to threaten hotels, though potential new regulations on short-term rentals may weaken this. Hotels will invest in technology and facilities to meet growing consumer preferences for unique experiences, wellness and sustainability. Severe staff shortages and tax hikes will continue to keep wage costs high, while intense competition will pressure prices, restricting profit growth.

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.

This statistic shows the average daily rate of Airbnb properties by room type in the United States in 2015. The ADR of a private room in an Airbnb residence in the U.S. was ***** U.S. dollars.

Airbnb - additional information

Founded and headquarted in San Francisco in 2008, Airbnb is an accommodation platform which allows users to list, find and rent apartments for short-term vacation stays. The name ‘Airbnb’ was inspired by the air mattress the founders rented out in their apartment, due to the soaring demand for affordable accommodation in San Francisco. From that one air mattress the company has grown to have over *********** listings for beds, rooms, apartments as well as a wealth of unusual accommodation options including tents and boats.

As of September 2015, the city with the most Airbnb units, which were actively being rented, was New York City with ****** active units. This was almost 10,000 units more than Airbnb's second largest market Los Angeles. The revenue of Airbnb generated in New York City had grown annually between 2010 to 2015, from a mere ************ U.S. dollars to an estimated ************* U.S. dollars. The growth of Airbnb in the city is expected to continue with revenue forecasted to reach *********** U.S. dollars by 2018.

The benefits of renting accommodation through Airbnb in New York can be seen by the relative difference in average daily rate (ADR) when compared with hotels. In 2015, the ADR of Airbnb in New York was around ** percent less than the ADR of hotels in the city, making it the market with the largest difference in ADR. The ADR difference in Los Angeles, Airbnb’s second largest market, was much less significant with the Airbnb ADR working out at *** percent less than that of hotels. In fact, the ADR of hotels for the United States as a whole, was found to be ** percent cheaper than that of Airbnb.