Airbnb revenue worldwide 2017-2020

The total revenue of Airbnb worldwide reached 2.52 billion U.S. dollars in 2020. This was a decrease that followed years of growth, with the revenue in 2020 just over half of the revenue of the previous year. This was likely due to the coronavirus (COVID-19) pandemic, which caused travel disruption across the globe. When breaking down Airbnb revenue by region, North America, where Airbnb was founded, brought in the most revenue in 2019, followed by Europe, the Middle East, and Africa (EMEA) combined.

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 North America where Airbnb’s gross booking value per night was also the highest at nearly 165 U.S. dollars in 2019. Meanwhile, Latin America had the cheapest gross booking value per night, however, travelers there stayed more nights with Airbnb on average than in any other 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 a low of under 150 million in 2020 due to these travel restrictions which was less than half the total number of bookings from the previous year.