Airbnb nights and experiences booked worldwide 2019, by region

The region with the most nights and experiences booked with Airbnb worldwide in 2019 was Europe, the Middle East, and Africa (EMEA), with 139 million bookings. Latin America reported the lowest number of bookings that year. However, Latin America had the highest average number of nights per Airbnb booking in 2019, while EMEA placed third after North America.

How much revenue does Airbnb make worldwide?

Airbnb has expanded to most regions around the world and offers an alternative to hotels with Airbnb hosts offering their own properties for short term rent. When breaking down Airbnb’s revenue by region, North America and EMEA had the highest amounts revenue in 2019. Airbnb’s total worldwide revenue in 2020 was over 2.5 billion U.S. dollars which was just over half that of the previous year. This was because travel was severely limited in 2020 as a result of the coronavirus (COVID-19) pandemic, which reduced the number of travelers using Airbnb that year.

What was the impact of COVID-19 on Airbnb bookings?

Many countries limited international and domestic travel in 2020 to prevent the spread of COVID-19. The travel industry was most affected by this change, as fewer travelers were able to take trips either for leisure or for business. Given Airbnb’s business model relies heavily on the travel industry the company, perhaps unsurprisingly, experienced a reduction in bookings in 2020. In the first quarter of 2020 alone, the year-over-year growth in Airbnb’s reservations steadily declined, and dropped by 95 percent by the end of this period.