Sophie Blake
Airbnb started in 2008 with two designers with a place to share, hosting three travelers looking for a place to stay. It is an e-commerce platform based on accommodation and service that brings together owners who want to rent their homes and people looking for accommodation in that area for a limited time.
Company Profile
Founders: Brian Chesky, Joe Gebbia, Nathan Blecharczyk
Founded Date: 2008
Headquarter: San Francisco, California
Number of Employees: 10000+
Crunchbase Profile: Profile Link
Airbnb Usage Statistics (2020)
- As of September 2020, there are 5.6 million active listings in 100,000 cities in more than 220 countries and regions on Airbnb. (Airbnb)
| Number of Airbnb Listings | |
| 2020 (September) | 5.6 million |
| 2019 | 7 million |
| 2018 | 6 million |
| 2017 | 4 million |
| 2016 | 2.1 million |
| 2015 | 1.2 million |
| 2014 | 0.8 million |
| 2013 | 0.3 million |
| 2012 | 0.12 million |
- As the coronavirus pandemic forced consumers to stay home, Airbnb customers canceled more than $1 billion in bookings as of June 2020. (Fortune)
- As of September 2020, an average host has earned $7,900 annually through Airbnb.
- From its launch in August 2008 to October 2020, hosts on Airbnb have earned more than $ 110 billion in total.
- As of September 2020, the number of hosts all-time on Airbnb exceeded 4 million.
- In week 14 of 2020, short-term rental bookings on the Airbnb platform saw a 95 percent drop over the previous year as a result of the coronavirus pandemic. (Statista)
- In 2019, Airbnb bookings more than quadrupled since 2015. (Statista)
Airbnb Revenue Statistics (2020)
- Airbnb filed for an initial public offering in November 2020.
- During the nine months ended September 30, Airbnb reported a revenue of $2.5 billion, down 32% year over year due to the coronavirus pandemic. (S-1 Filing)
| Airbnb Revenue | |
| 2020 (September) | $2.5 billion |
| 2019 | $4.8 billion |
| 2018 | $3.6 billion |
| 2017 | $2.6 billion |
| 2016 | $1.7 billion |
| 2015 | $900 million |
| 2014 | $423 million |
- During the nine months ended September 30, 2020, reported a net cash used in operating activities of $490.6 million, a decrease of $909.7 million year over year. (S-1 Filing)
- Airbnb opened at $146 on the Nasdaq, far above the IPO price of $68 per share that raised $3.5 billion for the company. The stock hit a high of $165 and closed at $144.71. (Reuters)
- Shares of Airbnb Inc more than doubled in their stock market debut in the second week of December 2020, valuing the home rental firm at just over $100 billion in the biggest U.S. initial public offering (IPO) of 2020 and capping a bumper year in which investors flocked to tech stocks.
| Airbnb Valuation | |
| 2020 | $100 billion |
| 2019 | $35 billion |
| 2018 | $38 billion |
| 2017 | $31 billion |
| 2016 | $30 billion |
| 2015 | $20 billion |
