- Airbnb’s current growth rate.
- What’s next?
Airbnb Key Stats 2023
Airbnb is an international platform that operates in 191 countries. Here are some important statistics about Airbnb: There are over 6+ million Airbnb listings and 4+ million hosts in the world. Airbnb has listings in over 100,000 cities around the world Airbnb users in the world number more than 150 million and have booked over 1 Billion stays Every second, six guests search for an Airbnb listing. The average price of an Airbnb in North America per night is $163 The average stay of Airbnb guests is 4.3 days per booking Booking a visit through the Airbnb app takes an average of 11 minutes and 31 seconds. The average host earns 13 800 per year Airbnb’s current value is approximately $113 Billion Airbnb is estimated to have a market share greater than 20+% of the vacation rental sectorAirbnb Statistics by Region
Airbnb has undergone a number of changes in the past few years. Airbnb listings have declined globally, but demand for Airbnb has increased. Here are some important Airbnb statistics for each region.Airbnb Listings by Region
Airbnb listings per region declined between 2020 and 2021. In 2021, the total number of listings was 12.7 million. The total number of listings is down from the previous year, which was 14,13 million. This is a 10.12% drop from 2020 to 2021. In 2021, Europe accounted for the largest number of listings, with 4,84 million. Asia Pacific was second with 2,21 million listings, and North America third with 2,55 million. Despite having the most listings on Airbnb over the past two years, Europe has seen the largest drop of all regions. There was an 11.38% decrease from 2020 to 2021. Why did Airbnb listings decrease worldwide? According to a study conducted by LendingTree, COVID-19 restrictions are the main reason Airbnb hosts remove their listings. The pandemic laws are too complex or not worth the effort for hosts to continue hosting during this time.Demands per Region
What is the market by region? Demand is calculated based on the total number of nights spent in each region. Airbnb demand has increased globally despite the fact that total listings in each region have decreased. Airbnbs will be hosting 251,12 million nights in 2020. In 2021, there will be a substantial increase in the number of nights spent. This is a 42.1% rise in percentage terms. The number of nights spent in hotels is expected to increase by 31% between 2022 and the previous year. Here are the latest statistics from Airbnb on the number of nights spent by region. In 2021, Europe will be the top destination for Airbnb nights, with a total of 144.76 million. It’s interesting to note that North America was ranked third in terms of the total number of Airbnb listings but came second when it comes to nights stayed. Asia Pacific is the next largest region. Latin America has seen the largest increase in nights stayed. In 2020, there will be 26.99 million nights, and in 2021, there will be 41.99 million. This is a growth of more than 55,5%. In 2021, COVID-19 restrictions in Latin America were generally lower than those of other regions. This likely contributed to an increase in demand for Airbnbs with the increased tourism. In 2021, the spending on Airbnb in Latin America was $8 billion. This represents a 41.9% rise from 2019. This is a huge jump.Gross Revenue by Region
Airbnbs’ gross revenues increased from $27,69 billion to $ 48.9 billion in 2021. Airbnb hosts have seen a 76.62% rise in their earnings. “Gross Revenue” is the total revenue from all bookings made on the platform. Here is a complete breakdown of the data by region. From 2020 to 2021, every region saw significant growth. North America grew the most in dollar terms by approximately $10 billion. Airbnbs may be more expensive in North America. Latin America grew the most in terms of gross revenues, by 80.54%. Airbnb’s statistics indicate that Latin America will continue to grow. They have also stated they are focusing more on this region. Europe’s gross revenues also grew strongly, increasing by $7.5 billion between 2020 and 2021.Airbnb Commission Revenue by Region
You can now see how much revenue was generated by Airbnb in each region. How much revenue does Airbnb earn from commissions? Here is a breakdown of the revenue Airbnb earns from listing in each region. The Region of the South-East Revenue in 2020 (USD).Revenue in 2021 (USD). Airbnb’s global revenue from listings has almost doubled from $3.88 Billion in 2020 to $6.85 Billion in 2021. This means that their revenue increased by 76.62%. North America was Airbnb’s biggest growth region, with revenues increasing at an 81.26% rate by $1.5 billion. Airbnb’s revenue is dominated by North America and Europe, which account for just under 80% of its total revenue. Airbnb’s statistics reveal that despite the fact that it has fewer listings than other platforms, its growth is extremely rapid.Airbnb Average Prices by Region
The cost of Airbnb differs in different regions. Accommodation costs are higher in places with high living costs. The average nightly price on Airbnb in the world is currently $137. The average price per night for Airbnb is broken down by region. The Region of the South-EastThe Average Nightly Rate in 2020Average Nightly Rates in 2021 From 2020 to 2021, the average nightly cost increased by 24%. North America saw the largest increase in prices, with an average price of $45 per stay, representing a 27.6% growth rate. The average price per night will increase in every region as there are fewer listings.Airbnb Statistics by Country
What about the individual countries? The latest Airbnb statistics by country.Airbnb Listings by Country
In the US, there are an average of 2,25 million listings per year. China, with 1,15 million listings on average in 2021, was third. The US was the country with the lowest decrease of all the top 10 countries. Its decrease rate was just 2.7%. Airbnb had over 2+ million listings in the US in 2020 and 2021. Mexico, with a drop of 3.4%, had the third-smallest drop in listings. Mexico was able to attract many tourists during the COVID-19 epidemic by keeping its border open and without restrictions.Airbnb Demand by Country
Listings are a good indication of how many guests can stay in a country on the Airbnb platform. However, the demand (number of nights remaining) will show which countries have the most listings. The top 10 countries for Airbnb listings are the same, but the number of nights that have been booked has increased in certain countries. The United States is the country that has the highest demand for Airbnb, with 99,5 million nights booked by 2021. The number of nights booked in the United States increased by approximately 33 million from 2020 to 2021. The demand for this product was significantly higher than in any other country. France saw a substantial increase in the number of nights spent, from 27,9 million in 2020 to more than 43 million in 2021. This is a 54% increase in two years. China has the lowest growth rate of the top 10 countries. The country ranked 7th in actual nights stayed despite the fact that it ranked third for most listings (demand) on Airbnb. The biggest difference between the total number of Airbnb listings and the demand for Airbnb is in the United States.Airbnb Gross Revenue by Country
Airbnb’s gross revenue is more important than the number of listings or demand. Just because a certain country is popular and has many listings doesn’t necessarily mean that it makes a lot. Airbnb’s gross revenue statistics by country. From 2020 to 2021, the gross revenue of Airbnb in the United States nearly doubled. Over $21.4 billion was generated by the country. The US generated more revenue in 2013 than the combined revenues of the other nine countries! Airbnb’s gross revenue in France was $4.56 billion. France grew by 76.4% between 2020 and 2021. Brazil’s ranking as the 5th largest Airbnb country is a misnomer. The country ranks 9th in gross revenue and will generate less than $900 million by 2021.Airbnb Statistics by City
Let’s take a look now at Airbnb statistics per city. The number of listings in some cities and the revenue generated by them are vastly different from what you should know.Airbnb Listings by City
London has the most Airbnb listings around the globe at 156 511. London is the most popular city in the UK, and it ranks 6th overall. Paris is ranked second with 107.241 listings, and New York City comes in third with an average of 94.998 Airbnb listings by 2021. All cities have seen a drop in Airbnb listings between 2020 and 2021. Beijing has dropped out of the Top 10 Airbnb Listings, and Istanbul has risen into the Top 10 with a combined total of 50344. London dropped almost 50,000 Airbnb listings between 2020 and 2021. Rio de Janeiro has also fallen significantly from 7th to 9th place.Demand for Airbnb by City
What is the need for Airbnb (nights stayed) by city? London was the only city that saw a decrease in demand. The number of people decreased from 2,5 million in 2020 to only 2.3 million by 2021. London is the city where the most nights are spent, despite a decrease in demand. New York saw the largest increase, jumping from 1,57 million nights in 2020 to 2,08 million in 2021. The COVID-19 pandemic has ended, and many people are returning to New York to work. Paris’s demand also grew by more than 400,000, but Rome saw the largest increase. Rome’s nightly stays increased from 1.15 million in 2020 to 1.72 million in 2021 This is a growth rate in demand of 49.45% per year.Airbnb Gross Revenue by City
Airbnb’s most profitable city is San Diego, California. San Diego earned $379.54 million in 2021 on the Airbnb platform. This comfortably put it ahead of London, which made $356.41million. Austin, Texas, ranked third in terms of 2021 gross revenues with $342.44 million. Austin saw the largest increase in revenue from 2020 to 2021, increasing by 235%. From 2020 to 2021, gross revenues in all ten cities grew significantly. The COVID-19 pandemic has had a reduced impact on the rental market.Airbnb Host Demographic Statistic
Airbnb hosts are one of the most significant aspects. Airbnb’s success is due in part to its ability to attract the right hosts, who provide a wide range of high-quality listings. The average Airbnb host earns $13,800 per year. The average earnings of hosts have increased by 43.8% from the start of 2021. Airbnb hosts have earned collectively over $150 billion since its inception. Airbnb has proved to be a reliable platform that hosts can use to make money consistently. What is the fastest-growing host demographic on Airbnb? Seniors are the fastest-growing demographic of hosts. Now, there are more than 400,000 senior hosts on the platform. Senior women also seem to make the best hosts. Airbnb consistently rates older women as the best hosts. Airbnb hosts are a great option for those over 60 who want to earn some extra income. Airbnb generated $747 million in revenue for 320,000 hosts aged 60+ alone. This figure has continued to rise. Airbnb is a place where female hosts seem to thrive. Since Airbnb’s launch in 2007, women have made up 56 percent of all hosts and earned over $32 billion. As Airbnb hosts, US women earned an annual income of $ 4 billion. 22% of hosts said they became Airbnb hosts only after being Airbnb guests.Airbnb Guest Demographic Statistics
You have seen the statistics on Airbnb hosts. What about guests? Women dominate Airbnb. It’s only a little bit. The majority of Airbnb guests (54%) are women, while 46% are male. This is not a big difference, and it shows that there is a good balance of guests on the platform. The majority of Airbnb guests are between the ages of 25 and 34. The platform is dominated by guests aged between 25 and 44. Just 13% of guests over 55 are present. Airbnb is a service designed to make booking a hotel room easier for young people. Why do guests prefer Airbnb to a hotel? An overwhelming 95 % of guests surveyed chose Airbnb because of the ease and security of payments. 86% of guests said that the location of their apartment was more convenient than staying in a hotel. The platform’s competitive edge is its ease of use, convenience, and security. That’s not all!- 77% said that they chose Airbnb to live like a local.
- According to 43% of guests, the most important amenity of an Airbnb is its functionality.
- 64% agreed that home sharing is more environmentally friendly or ecological.
Airbnb Corporate Statistics
Airbnb’s corporate culture has evolved a great deal over the past few years. Airbnb CEO Brian Chesky has announced that in 2022, the majority of Airbnb staff will be working remotely – this allows them to live and work anywhere. Airbnb employs 6,132 people. 52.5% of Airbnb workers were male, and 47.5% were female. Most tech companies are very well-balanced. Certain jobs appeal to at Airbnb different genders at Airbnb. 77.. Airbnb employees in the United States represent 12.3% underrepresented groups. What does the employee think of working at Airbnb? In a survey conducted by over 1000 employees, the workers gave Airbnb 3.8 stars out of 5. The following criteria were used to rate the ratings:- Career Opportunities
- Salary/benefits
- Management
- Culture/values
- Work-life balance
Airbnb Biggest Challenges
Airbnb’s ability to operate in so many different countries is a major challenge. The local and national governments have strict regulations that they must adhere to. Airbnb has now signed over 400 agreements to automate tourism taxes with local and national governments. Airbnb collects $2 billion in tourism taxes every year, which are then paid to the relevant government agency. Airbnb is facing a growing number of challenges, including regulations like these.Wrapping it Up
Airbnb has had a very interesting three-year period. These Airbnb statistics demonstrate that, even during the pandemic period, the platform has grown consistently in:- Demand
- Gross Revenue