Airbnb has become a global phenomenon since its founding in 2008. As of April 2023, Airbnb's market capitalization valued at 73.34 billion U.S. dollars, up from 54.13 billion U.S. dollars the previous year. Over the past four years, the company's market capitalization peaked in 2021 at over 100 billion U.S. dollars.
Airbnb's revenue
While Airbnb’s speedy growth has caused bad press due to issues such as property rental shortages for locals, illegal sub-letting & safety concerns, it has still got a substantial number of loyal users. The privately-owned accommodation rental and sharing website has becoming increasingly well-known all over the world, mostly due to the company providing cheaper more ‘authentic’ alternatives to a hotel room. Given its high market capitalization, it comes as little surprise that Airbnb's revenue has increased in recent years.
Airbnb in Latin America
Latin America, the Middle East, and Africa (EMEA), and the North American regions are some of the most productive and profitable markets for Airbnb users. In 2022, the average number of nights per Airbnb booking worldwide was a tie between all three of these regions. Guests stayed on average over four nights per booking inside Latin America, the Middle East, and Africa (EMEA), and North America.
Market capitalization of Airbnb worldwide from 2020 to 2023
(in billion U.S. dollars)
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CompaniesMarketCap.com. (April 18, 2023). Market capitalization of Airbnb worldwide from 2020 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/339845/company-value-and-equity-funding-of-airbnb/
CompaniesMarketCap.com. "Market capitalization of Airbnb worldwide from 2020 to 2023 (in billion U.S. dollars)." Chart. April 18, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/339845/company-value-and-equity-funding-of-airbnb/
CompaniesMarketCap.com. (2023). Market capitalization of Airbnb worldwide from 2020 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/339845/company-value-and-equity-funding-of-airbnb/
CompaniesMarketCap.com. "Market Capitalization of Airbnb Worldwide from 2020 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Apr 2023, https://www.statista.com/statistics/339845/company-value-and-equity-funding-of-airbnb/
CompaniesMarketCap.com, Market capitalization of Airbnb worldwide from 2020 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/339845/company-value-and-equity-funding-of-airbnb/ (last visited November 21, 2024)
Market capitalization of Airbnb worldwide from 2020 to 2023 (in billion U.S. dollars) [Graph], CompaniesMarketCap.com, April 18, 2023. [Online]. Available: https://www.statista.com/statistics/339845/company-value-and-equity-funding-of-airbnb/