Airbnb, a home sharing economy platform, gives users an alternative to traditional hotel accommodation by allowing them to rent accommodation from people who are willing to share their homes. From 2017 to 2019, Airbnb reported year-over-year growth in all expense categories. Costs and expenses in 2020 decreased significantly as of September 30, with product development taking up the largest share of overall expenses in 2020 at 690.68 million U.S. dollars.
Costs and expenses of Airbnb worldwide from 2017 to 2020, by type (in million U.S. dollars)
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Airbnb. (November 16, 2020). Costs and expenses of Airbnb worldwide from 2017 to 2020, by type (in million U.S. dollars) [Graph]. In Statista. Retrieved March 05, 2021, from https://www.statista.com/statistics/1193157/airbnb-expenses-worldwide-by-type/
Airbnb. "Costs and expenses of Airbnb worldwide from 2017 to 2020, by type (in million U.S. dollars)." Chart. November 16, 2020. Statista. Accessed March 05, 2021. https://www.statista.com/statistics/1193157/airbnb-expenses-worldwide-by-type/
Airbnb. (2020). Costs and expenses of Airbnb worldwide from 2017 to 2020, by type (in million U.S. dollars). Statista. Statista Inc.. Accessed: March 05, 2021. https://www.statista.com/statistics/1193157/airbnb-expenses-worldwide-by-type/
Airbnb. "Costs and Expenses of Airbnb Worldwide from 2017 to 2020, by Type (in Million U.S. Dollars)." Statista, Statista Inc., 16 Nov 2020, https://www.statista.com/statistics/1193157/airbnb-expenses-worldwide-by-type/
Airbnb, Costs and expenses of Airbnb worldwide from 2017 to 2020, by type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1193157/airbnb-expenses-worldwide-by-type/ (last visited March 05, 2021)