Airbnb revenue worldwide 2019-2023, by region
North America was the region that brought in the highest amount of Airbnb’s worldwide revenue in 2023, at 4.6 billion U.S. dollars. As the company is based in the United States, this is not surprising. However, the Europe, Middle East, and Africa (EMEA) region was not too far behind with 3.6 billion U.S. dollars in revenue. The EMEA region also reported the highest average number of nights booked by region with Airbnb in 2023.
Airbnb hosts and bookings
The Airbnb platform users consist of both travelers needing a place to stay and hosts offering their property for short term rent. In 2023, a gender distribution of Airbnb hosts worldwide reported that slightly fewer than half identified as women. The number of nights and experiences booked with Airbnb hosts worldwide showed growth over the last few years but dropped to a low of under 200 million bookings in 2020 due to the coronavirus (COVID-19) pandemic when global travel was severely disrupted. In 2022, Airbnb reported nearly 450 million booked nights and experiences, a significant increase over the previous year.
How did COVID-19 affect Airbnb’s revenue?
In addition to a reduction in the number of bookings, Airbnb also experienced a loss in revenue due to the coronavirus (COVID-19) pandemic, as many countries implemented travel bans and restrictions to slow the spread of the virus across international borders. This reduced the total number of travelers worldwide In 2020, the revenue of Airbnb fell to 3.38 billion U.S. dollars. Airbnb’s revenue in 2021, however, rebounded and amounted to 5.99 billion U.S. dollars. In 2023, that figure reached 9.92 billion.