There are over 7 million Airbnb listings in the world. However, about 47% of hosts didn’t feel comfortable renting their property when the Coronavirus pandemic broke out. The latest Airbnb statistics also show that about 70% of guests weren’t comfortable using Airbnb during the pandemic. Unfortunately, Airbnb had to lay off about 25% of its employees.
Furthermore, in the early days of the pandemic, Airbnb expected a 44% reduction in revenue over the following months. However, Airbnb is still rivaling traditional accommodation, even in these uncertain times. The following Airbnb statistics will show you how the company—which rents out rooms, houses, apartments, and even more exotic spots—is rivaling hotel chains around the world.
The Top 10 Stats and Facts About Airbnb
- 47% of Airbnb hosts weren’t comfortable renting to guests in the early stages of the pandemic.
- At the beginning of the pandemic, Airbnb had to let go of 25% of its staff.
- There are more than 7 million Airbnb listings throughout the world.
- Airbnb co-founder and CEO, Brian Chesky, is worth $4.1 billion.
- In March 2018, Forbes estimated that Airbnb was worth around $38 billion, according to an Airbnb data analysis.
- In the United States, around 33.9 million people made use of Airbnb in 2017.
- 56% of hosts are female, while 44% are male.
- Millennials are the generation that uses Airbnb the most.
- As of 2018, London, England, was the city with the highest number of Airbnb listings worldwide.
- The United States has the most Airbnb listings of any country, at 660,000.
Airbnb Rental Statistics and COVID-19
In this section, we’ll be looking at the ways in which COVID-19 has affected Airbnb.
1. 47% of Airbnb hosts weren’t comfortable renting to guests in the early stages of the pandemic.
(Forbes)
In June 2020, it was noted that hosts had rising fears of renting out their Airbnb properties. In addition to this, 70% of guests didn’t feel comfortable making use of Airbnb during the pandemic.
2. In June 2020, hosts were dropping their rates by an average of about $90.
(Forbes)
A decrease of around 44% in Airbnb revenue was expected between the months of June and August 2020.
3. At the beginning of the pandemic, Airbnb had to let go of 25% of its staff.
(CNBC)
Nearly 1,900 people lost their jobs at Airbnb in May 2020. This was due to a proven reduction in rentals, proven by Airbnb occupancy rate data.
Airbnb Facts About the Company
Here, we’ll be taking a closer look at Airbnb as a business.
4. Airbnb, as we know it, launched in 2008, founded by Joe Gebbia, Nathan Blecharczyck, and Brian Chesky.
(Business Insider)
The original idea for Airbnb came from Joe Gebbia and Brian Chesky when they needed a quick way to pay their rent. They rented out their loft as a place for designers who were coming into San Francisco for a conference and provided them with air mattresses.
5. There are more than 7 million Airbnb listings throughout the world.
(Airbnb)
Recent Airbnb statistics show that the company is represented in more than 220 countries and regions and has listings in more than 100,000 cities globally. This shows how large the Airbnb market share is throughout the world.
6. If you want to stay in a castle, you’re in luck because Airbnb has more than 4,900 listings for castles.
(Airbnb)
You could also stay in one of the 14,000 listings for tiny houses or one of the 2,400 listings for treehouses.
7. In 2018, Airbnb launched Airbnb Concerts and Airbnb Plus.
(Airbnb)
Later that same year, they celebrated 10 years since the launch of the company, which now has a global client list.
8. Another of our Airbnb fun facts: Airbnb co-founder and CEO Brian Chesky is worth $4.1 billion.
(Forbes)
Before Airbnb became the success it is today, Chesky was an industrial designer and earned around $40,000 a year.
9. In March 2018, Forbes estimated that Airbnb was worth around $38 billion.
(Business Insider)
All three co-founders of Airbnb are now billionaires thanks to the rental website.
10. 34 cities around the world have Airbnb offices.
(Airbnb)
This is a rather high number of offices given that the company owns none of the real estate that’s rented through its app. Developing this many offices in a 12-year period clearly demonstrates the quick Airbnb growth, which statistics confirm.
11. Airbnb employs 14,577 people.
(Craft)
They cover a variety of roles, including positions as full-stack developers, data scientists, and software engineers. The most lucrative career at Airbnb is in human resources, with a median salary of around $240,000.
12. The top Airbnb competitors include Tripping.com, HomeToGo, FlipKey, HomeAway, and VRBO.
(Tripping)
Other competitors include HouseTrip, VayStays, VacayHero, Luxury Retreats, and Wimdu. Of course, Airbnb is already a household name, more so than many of its competitors.
13. When comparing Airbnb vs. any hotel, statistics from 2016 showed Airbnb had more listings than any hotel chain around the world had rooms available.
(str)
The hotel group that had the second largest number of rooms after Airbnb’s 3 million listings was Marriott International, with a total of 1.1 million rooms.
14. In most cases, Airbnb has more competitive rates than hotels.
(Busbud)
Twelve cities were used for this data, and in seven of them, Airbnb had better rates than hotels. Airbnb also has a wider range of the types of places you can rent.
Airbnb Stats on Hosts and Guests
In this section, we’ll be looking at the people who host Airbnb properties and their guests.
15. In the United States, around 33.9 million people made use of Airbnb in 2017.
(Statista)
That number grew from 29 million in just one year. It’s predicted that by 2022, this number will total around 45.6 million people making use of Airbnb.
16. In March 2019, it was reported that Airbnb had hosted around 500 million guests since its launch.
(Skift)
In 2018, that number was around 400 million, which shows that the online rental website increased its number of guests by 100 million in less than a year.
17. Airbnb host demographics show that 56% of hosts are female, while 44% are male.
(Airbnb)
Altogether, women have earned $32 billion since the company was founded.
18. In one second, approximately 6 people will have checked in as Airbnb guests.
(Skift)
You can find listings for Airbnb locations all over the world. On a global scale, over 900 cities have a minimum of 1,000 listings.
19. Millennials are the generation that uses Airbnb the most.
(Statista)
In 2017, in Europe and the US, those aged between 25 and 34 made up the largest number of guests using Airbnb, according to Airbnb statistics on popularity among age groups. Those over the age of 65 only made up 5% of Airbnb guests.
20. If you want to succeed as a host on Airbnb, there are a number of things you need to do, including communicating with guests in real-time.
(LearnBnB)
You also need to communicate in a way that’s clear and easy to understand, ensure that check-ins and check-outs are simple and convenient, and ensure that the place you’re renting out is clean and neat.
21. In order to limit Airbnb crime, statistics and data help the company check those who register on its website.
(Airbnb)
The company checks public county and state criminal records and national sex offender registries as part of a background check on potential US customers. Outside the US, it does as much of a background check as it can, given the applicable laws.
22. Officially, Airbnb hosts are allowed 24 hours to decide whether to say yes or no to a reservation request.
(Airbnb)
However, around 50% or more of these requests are approved within an hour, and most hosts will respond within the space of 12 hours.
Interesting Airbnb Statistics on Cities, States, and Countries
In this section, we’ll be taking a look at Airbnb around the world.
23. As of 2018, London, England, was the city with the highest number of Airbnb listings worldwide.
(Statista)
London at the time had more than 64,000 listings on the popular website, according to Airbnb UK statistics.
24. Santa Monica, Paris, and Barcelona have the tightest red tape around who can be an Airbnb host.
(Investopedia)
Alternatively, Berlin, Amsterdam, San Francisco, New York, and London have some of the most relaxed laws surrounding who can register as an Airbnb host.
25. Of the 10 cities in the United States with the most Airbnb listings, Florida has 7 of them.
(Inman)
According to Airbnb statistics by city, the top 10 cities with the most listings on Airbnb are Miami Beach, Kissimmee, Sarasota, Bend, Daytona Beach, Asheville, Miami, Atlanta, Fort Lauderdale, and Orlando. Good to know if you’re into surfing.
26. If you’re planning on renting out your place on Airbnb, the US city that’s most financially rewarding is Palm Springs, California.
(Investopedia)
The rest of the top five places to rent out on Airbnb are Lahaina, Hawaii; Davenport, Florida; Bend, Oregon; and Nashville, Tennessee.
27. The least financially rewarding city in the US for Airbnb hosts is Miami Beach, Florida, according to Airbnb statistics.
(Investopedia)
The remaining five least financially rewarding cities in the US to be an Airbnb host are Venice, California; Berkely, California; Oakland, California; and Houston, Texas.
28. The United States has the most Airbnb listings of any country, at 660,000.
(Statista)
France comes in second with 485,000 listings. Italy is third with around 340,000, Spain is fourth with 245,000, and the United Kingdom is fifth with 175,000.
Final Thoughts
Airbnb is a fascinating company that provides real estate to rent in an innovative way. People all around the world are now making use of these apartments, rooms, and houses. The above Airbnb statistics leading up to 2021 should have given you some good insight into the company itself, the places where it operates, and who chooses to use Airbnb.
If you’re planning on renting out your property on Airbnb, it’s a good idea to check what people expect as guests. This may include smart home devices or simply a recently renovated kitchen.
FAQ
What is the average occupancy rate for Airbnb?
The average occupancy rate for houses, apartments, or rooms for rent on Airbnb is 48% in the United States. If you have a house, room, or apartment for rent on Airbnb and you have an occupancy rate over 65%, consider that a very good result.
An excellent occupancy rate for any accommodation on Airbnb is around 75%. Anything above that, and your vacation rental is in the top percentile. So while having a higher occupancy rate is always preferred, you should be happy with 65% or more.
(AllTheRooms)
How many people use Airbnb yearly?
In 2017, 33.9 million used Airbnb for travel, vacations, and houses or apartments for rent. That was up from the previous year by 4.9 million people using Airbnb. By 2022, it’s estimated that around 45.6 million people use Airbnb.
However, with the world in its current state, the statistics covering the number of people looking for a vacation room or house for rent may decline. We’ll only be able to see the truth of the matter once we look at statistics in a year or so.
(Statista)
How many Airbnbs are there in the world?
There are more than 7 million listings on Airbnb for places all around the world. Among the places that you can rent with Airbnb, there are countless houses, apartments, and rooms. There are listings in more than 220 countries and 100,000 cities throughout the world.
However, it’s not just ordinary accommodations that you can book with Airbnb. In fact, the company has around 4,900 castles listed for rent, 14,000 tiny houses available, and 2,400 treehouses to rent.
(Airbnb)
Who uses Airbnb the most?
In the United States and Europe in 2017, Airbnb appeared to be the most popular among millennials. More specifically, the majority of people who used Airbnb were aged between 25 and 34. At the time, less than 5% of Airbnb guests were over the age of 65.
According to Airbnb statistics in 2018, the top destinations around the world for Airbnb guests were first, Kaikoura, New Zealand; followed by Xiamen, China; Puebla, Mexico; Normandy in France; and the Great Smoky Mountains in the US.
(Statista, Forbes)
