11 Airbnb Statistics and Facts – 2022 Update

Airbnb has totally revolutionized the holiday market place. Now, the regular particular person can list their home or even a place as a short-term rental for individuals coming to the location. Not only has this authorized average people to make cash from houses and rooms they at the moment are not employing, but it has also allowed renters to accessibility chances and “live like a indigenous.”

It is probably that this firm will keep on to expand for some time. Nonetheless, it has hit some snags together the way, like COVID-19, which naturally fully upended the tourist business.

Beneath, we’ll discuss some of the most telling Airbnb statistics. No matter whether you are contemplating listing a home or investing in the company, these figures need to tell you all you need to know about the organization and the adhering to:

statistic dividerThe 11 Airbnb Statistics in 2022

  1. Airbnb exhibits a 73% increase on average in revenue annually.
  2. In 2019, Airbnb saw its earnings hit a record of $4.7 billion.
  3. The company’s market value topped $35 billion back in 2019.
  4. On average, hosts make about $924 per month.
  5. According to Airbnb, there are over 4 million listings across the globe.
  6. There are many unique stays listed on Airbnb—not just houses.
  7. Compared to the rest of the world, the USA has the highest average host earnings at $18,285.
  8. The average Airbnb occupancy rate is 45.5%, and it has been increasing slowly over the last few years.
  9. Airbnb had to lay off around 25% of its employees during Covid-19.
  10. During the pandemic, the company’s gross booking amount when down by about 17%.
  11. Over 70% of guests were afraid to rent from Airbnb at the beginning of the pandemic.

Revenue Statistics

1. Airbnb exhibits a 73% increase on average in revenue annually.

modular house
Image Credit: Pixabay

(Business of Apps)

Airbnb displays a really large profits increase every 12 months. Even though Covid did dampen this relatively, the organization continues to expand strong and probably will in the future.


2. In 2019, Airbnb saw its earnings hit a record of $4.7 billion.

(Business of Apps)

This is a report. Even so, COVID did put a damper on their profits in the adhering to a long time, so they have nevertheless to conquer this profits. With that mentioned, with cases receiving decrease, they could beat it but.


3. The company’s market value topped $35 billion back in 2019.

(Financial Times)

Mediterranean house
Image Credit: orico_22, Pixabay

Despite competing with other major brand names, Airbnb did meet up with a market place benefit of $35 billion in 2019. Even so, this truly lowered in price from 2018. COVID also did injury to their general valuation.


4. On average, hosts make about $924 per month.

(CNBC)

Of program, some hosts have numerous listings, which very likely clarifies why the average is so high. For a lot of hosts, they may possibly only have a single or two listings, which would direct to them making significantly less funds.


Listing Statistics

5. According to Airbnb, there are over 4 million listings across the globe.

(Airbnb)

There are more than 4 million active listings on Airbnb. That does not depend listings that are only open up at specific times of the calendar year or individuals that are no lengthier accepting listings.


6. There are many unique stays listed on Airbnb—not just houses.

(Airbnb)

There are in excess of 40,000 farms, three,five hundred castles, and 90,000 cabins for hire on Airbnb. If you are looking for an exciting experience, then these houses are excellent alternatives. They also permit customers to dwell like a native.


7. Compared to the rest of the world, the USA has the highest average host earnings at $18,285.

(All The Rooms)

In the United States, California had the maximum earnings per host. Following that, Colorado is the up coming most well-known destination. All of the leading states generate tens of thousands a yr from their homes.


8. The average Airbnb occupancy rate is 45.5%, and it has been increasing slowly over the last few years.

(Phocus Wire)

Dependent on this data, just about fifty percent of Airbnbs listings are occupied at any one particular time. On the other dates, they are vacant. As you’d assume, they almost certainly have the greatest occupancy rate on the weekends and close to vacations.


Covid Statistics

9. Airbnb had to lay off around 25% of its employees during Covid-19.

(Observer)

Owing to the really diminished losses the firm endured for the duration of the pandemic, it had to lay off a lot of of its staff. Right after all, the tourism industry endured significant losses during this period.


10. During the pandemic, the company’s gross booking amount when down by about 17%.

(Statista)

As you’d expect, individuals stopped touring very as considerably throughout the pandemic. For that reason, the gross reserving volume on Airbnb went down thoroughly. The situation luckily grew to become far better soon after a few months—originally, the pandemic dropped charges by as considerably as one hundred% in March of 2020.


11. Over 70% of guests were afraid to rent from Airbnb at the beginning of the pandemic.

(Forbes)

tudor styled house
Image Credit: terimakasih0, Pixabay

For this explanation, attendees frequently did not hire from Airbnb and selected seemingly a lot more reliable techniques, these kinds of as resorts or condos. A lot of considered that cleansing tips at Airbnb have been not proper for the Covid pandemic.

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Frequently Asked Questions About Airbnb Statistics

Is Airbnb Profitable in 2021?

Airbnb is obtaining a lot more and more profitable more than the many years. Their profits was up by 80% in the fourth quarter of 2020, symbolizing an practically complete bounce-again from the pandemic. Nonetheless, the rest of their bounce-back again was a bit slower.

Nevertheless, new variants did not impact their revenue as significantly as earlier ones. In addition, with most nations around the world no longer avoiding traveling and cases remaining mainly stable, it is anticipated that they will carry on to increase into the long term.

What is the average Airbnb booking rate?

The regular reserving rate is close to fifty%. Consequently, most spots are booked about fifty% of the time. Nevertheless, as an regular, this isn’t correct for all listings. Some are booked less than this and others are booked practically all the time.

It is dependent on the area. Some regions get regular visitors during the calendar year, whilst other individuals are seasonal. No one rents a Colorado skiing cabin in the summer, for instance.

How Many Listings Does Airbnb Have?

The variety of Airbnb listings differs from working day to working day. It also is dependent on how you count listings. Some listings are only offered part of the 12 months, for instance. Do you consist of these in the whole? Or do they only count if you are chatting about that certain time of year?

Therefore, it genuinely is dependent on your definition.

Even so, the listings are usually all around five.5 million at any one particular time. Throughout the summer season, this tends to go up, as there are more men and women vacationing.

Is Airbnb still growing?

Airbnb recovered speedily after the Covid pandemic and is continuing to increase at a pretty fast price. Their annual revenue and listings have absent up over the very last number of quarters. For that reason, they are nevertheless developing and likely will for some time.

In reality, their cash flow elevated by about 70% in 2021 and is most likely to boost by a equivalent amount in 2022. They are developing speedily.

Where is Airbnb most popular?

The United States is the most popular country for Airbnb, very likely because that’s in which the business started out. Driving that, Australia is an additional widespread Airbnb rental.

Inside of the United States, California and Colorado appear to be the most significant income sources. However, New York Town is the most well-known city overall.

Other well-liked metropolitan areas contain Tokyo and Paris, which also make loads of cash. Most key towns in the western entire world and even some over and above have a healthy Airbnb presence.

How many Airbnb hosts are Superhosts?

There are over 4 million hosts on Airbnb. A Superhost badge helps hosts stand out and could have a positive effect on your reservations. This badge does require constantly excellent testimonials and visitor activities. Consequently, individuals with a badge are far more probably to offer a good expertise and have excellent reviews total.

To grow to be a Superhost, you have to satisfy specific conditions. You have to have bookings at least ten times a year, a reaction rate of ninety% or higher, and an common assessment of four.eight. Cancelation costs need to also be lower at 1%. Even so, some circumstances could make them far more accepting of increased cancelation prices.

After this, you have to be assessed by Airbnb. They will overview your performance listing every single three months. If you fulfill these requirements throughout this assessment, you may qualify. They track this progress on your dashboard so that you can see when you might qualify.

Simply because this overview process consistently moves men and women on and off the Superhost checklist, the quantity is constantly changing. Nevertheless, it seems that only about 7% of hosts on Airbnb are Superhosts. Therefore, acquiring the rank really sets you apart from the rest.

statistic dividerConclusion

Airbnb is a quickly growing business and is residence to thousands and thousands of listings. Above 4 million hosts are presently on the system and the firm owns about seventeen% of the present trip rentals out there. This business is nevertheless increasing in spite of the pandemic and recovered really speedily. They have been strike extremely difficult at very first. Nevertheless, it came back again quickly and recovered its losses.

Most of this company’s existence is in the United States. Even so, they are very likely heading to turn into more common in other areas as time goes on. They have a wide subsequent in well-liked towns close to the planet, although, which includes in Tokyo and Paris.

Sources

Showcased Impression Credit rating: Pixabay

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