Airbnb nights and experiences booked worldwide 2019-2023, by region
The region with the most nights and experiences booked with Airbnb worldwide in 2023 was Europe, the Middle East, and Africa (or EMEA). That year, the EMEA region reported 187 million bookings. Asia Pacific had the lowest number of bookings at 51 million. The Asia Pacific region also had the lowest average number of nights per Airbnb booking in 2023.
How much revenue does Airbnb make worldwide?
Airbnb has expanded to most regions around the world and offers an alternative to hotels with Airbnb hosts offering their own properties for short term rent. When breaking down Airbnb’s revenue by region, North America had the highest revenue in 2023. Airbnb’s total worldwide revenue in 2023 was roughly 9.92 billion U.S. dollars, an increase over the previous year. The company's revenue fell to 3.38 billion in 2020 as a result of travel being severely limited during the coronavirus (COVID-19) pandemic, which reduced the number of travelers using Airbnb that year.
What was the impact of COVID-19 on Airbnb bookings?
Many countries limited international and domestic travel in 2020 to prevent the spread of COVID-19. The travel industry was most affected by this change, as fewer travelers were able to take trips either for leisure or for business. Given that Airbnb’s business model relies heavily on the travel industry, the company, perhaps unsurprisingly, experienced a reduction in bookings in 2020. In the first quarter of 2020 alone, the year-over-year growth in Airbnb’s reservations steadily declined, and dropped by 95 percent by the end of this period.
