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. The platform also allows consumers to book "experiences" in the regions they visit. In 2023, Airbnb reported over 448 million booked nights and experiences, an increase of 14 percent over the previous year.
How much revenue does Airbnb make?
In 2023, the total revenue of Airbnb worldwide increased by about 18 percent compared to the previous year. This continued the upward trend which the company has experienced since recovering from the coronavirus (COVID-19) pandemic. North America generated the highest share of Airbnb’s worldwide revenue in 2023, at 4.6 billion U.S. dollars. However, the combined regions of Europe, the Middle East, and Africa were not too far behind.
Nights and Experiences Booked on the Airbnb platform in a period represents the sum of the total number of nights booked for stays and the total number of seats booked for experiences, net of cancellations and alterations that occurred in that period.
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Airbnb. (February 16, 2024). Nights and experiences booked with Airbnb from 2017 to 2023 (in millions) [Graph]. In Statista. Retrieved November 11, 2024, from https://www.statista.com/statistics/1193532/airbnb-nights-experiences-booked-worldwide/
Airbnb. "Nights and experiences booked with Airbnb from 2017 to 2023 (in millions)." Chart. February 16, 2024. Statista. Accessed November 11, 2024. https://www.statista.com/statistics/1193532/airbnb-nights-experiences-booked-worldwide/
Airbnb. (2024). Nights and experiences booked with Airbnb from 2017 to 2023 (in millions). Statista. Statista Inc.. Accessed: November 11, 2024. https://www.statista.com/statistics/1193532/airbnb-nights-experiences-booked-worldwide/
Airbnb. "Nights and Experiences Booked with Airbnb from 2017 to 2023 (in Millions)." Statista, Statista Inc., 16 Feb 2024, https://www.statista.com/statistics/1193532/airbnb-nights-experiences-booked-worldwide/
Airbnb, Nights and experiences booked with Airbnb from 2017 to 2023 (in millions) Statista, https://www.statista.com/statistics/1193532/airbnb-nights-experiences-booked-worldwide/ (last visited November 11, 2024)
Nights and experiences booked with Airbnb from 2017 to 2023 (in millions) [Graph], Airbnb, February 16, 2024. [Online]. Available: https://www.statista.com/statistics/1193532/airbnb-nights-experiences-booked-worldwide/