Airbnb revenue worldwide 2017-2023
The total revenue of Airbnb worldwide reached 9.92 billion U.S. dollars in 2023. This was an increase over the previous year's total of 8.4 billion. The decrease in revenue in 2020 can be attributed to the coronavirus (COVID-19) pandemic, which caused travel disruption across the globe. When breaking down Airbnb revenue by region, North America, where Airbnb was founded, brought in the most revenue in 2022.
Where are Airbnb’s biggest markets?
Airbnb is a home sharing economy platform that operates in many countries around the world. The company’s biggest market is in North America where Airbnb’s gross booking value per night was also the highest at approximately 240.29 U.S. dollars in 2022. Meanwhile, Latin America had the cheapest gross booking value per night and travelers there stayed more nights with Airbnb on average than the Asia Pacific region.
How did COVID-19 impact Airbnb?
The COVID-19 pandemic impacted the travel and tourism industry worldwide, with many countries initiating stay at home orders or travel bans to prevent the spread of the virus. In addition to a decrease in revenue in 2020, the company also experienced a reduction in the number of nights and experiences booked with Airbnb. Bookings fell to a low of under 150 million in 2020 due to these travel restrictions which was less than half the total number of bookings from the previous year. In 2023, Airbnb reported over 448 million booked nights and experiences, a significant increase over the previous year.
