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This statistic highlights Airbnb’s Number of Nights and Experiences Bookings, reported on a quarterly basis from Q4 2019 onwards.
Airbnb Incorporation is a web market that connects individuals who need to lease out their houses with individuals who are seeking out motels in particular locales. Airbnb incorporation gives people an easy, especially stress-free manner to earn an extra income from their property. Guests frequently consider Airbnb to be cheaper, having greater character, and homier than hotels. The corporation makes the majority of its sales by charging a provider charge for every booking.
|Nights and experiences Booked||Q3 2020||Q4 2020||Q1 2021||Q2 2021||Q3 2021||Q4 2021|
|Nights and Experiences Booked||61.80||46.30||64.40||83.10||79.70||73.40|
(All the figures are in millions)
In Q3 2020, the company’s Nights and Experiences Bookings were 61.80 million, which increased to 79.70 million in Q3 2021, indicating a year-on-year growth of 28.96% or 17.90 million. In Q4 2020, the number of Nights and experiences Bookings was 46.30 million, which further increased to 73.40 million in Q4 2021, showing a year-on-year growth of 58.53% or 27.10 million.
Airbnb Incorporation reported the total number of Nights and Experiences booked was 61.80 million in Q3 2020 which further decreased to 46.30 million in Q4 2020, indicating a quarter-on-quarter fall of 33.47% or 15.50 million. However, in the next quarter of Q1 2021, the company’s number of Nights and Experiences bookings rose to 64.40 million, showing a quarter-on-quarter growth of 39.09% or 18.10 million. In Q2 2021, it reported 83.10 million Nights and experiences Bookings, indicating a quarter-on-quarter growth of 29.03% or 18.70 million. Further, in Q3 2021, the Nights and experiences Bookings receded to 79.70 million, showing a quarter-on-quarter fall of 4.26% or 3.40 million. In the latest quarter of Q4 2021, the company’s Nights and experiences Bookings was 73.40 million, showing a quarter-on-quarter decline of 7.90% or 6.30 million on a quarterly basis.
From the above the table an overall observation can be drawn, that is, the number of Nights and Experiences Bookings of the company showed minor fluctuations in the above quarters. Earning well in Q3 2020, it declined in the next quarter, again it made its comeback in the starting quarters of the year 2021, and then started declining. From Q3 2021, company’s number of Night and Experiences bookings started declining. Between Q4 2019 and Q4 2021, the number of nights and experiences bookings of the company has witnessed a decline, from 75.8 million to 73.4 million, making a fall of 3.16% in two years.
What is the number of Nights and Experiences Bookings?
Nights and Experiences Booked is an important key to measure the scale of the company’s platform, which successively drives its economic performance. Nights and Experiences Booked on the company’s platform in the course of a period represents the sum of the whole range of nights booked for remains and consequently the whole range of seats booked for experiences. For instance, if a reservation is made on February 15, then it would be meditated in Nights and Experiences Booked for the period ended March 31. Cancellation of the booking influences the number of Nights and Experiences Booked at the end of that particular quarter.
The enterprise believes that Nights and Experiences Booked is a key commercial enterprise metric to assist investors. Understanding and comparing its outcomes are associated with operations in the same way as its management team as it represents one unit of the transaction at the enterprise’s platform.
Airbnb Incorporation is an American public company with its headquarters in San Francisco, California, United States. The company was founded in August 2008 by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk. The company serves its services worldwide, almost in every country. These include Europe, Japan, India, the United States, and Singapore. The company trades on NASDAQ (National Association of Securities Dealers and Automated Quotations) using the ticker “ABNB” and is a component of the NASDAQ-100index.
The company had 6,132 active working employees in 2021. The company has created a website, where it provides all information about the enterprise, its investors, and upcoming plans. Luxury Retreats International Incorporation, Deco Software Incorporation, Trip4real Experiences, S.L. Lapka Incorporation, Airbnb UK Limited, and HotelTonight are a few of the subsidiaries owned and run by the enterprise. Airbnb faces stiff opposition from Agoda, Booking.com, Expedia, HomeToGo, Google, TravelStaytion, Tripadvisor, TUI Villas, and Vrbo.
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