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.
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|
- 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)
|2020 (September)||$2.5 billion|
- 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.