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This statistic highlight shows Airbnb’s Revenue Breakdown Worldwide, split across France, U.S., and Other international nations, reported on a quarterly basis from 2020 onwards.
Airbnb is a hotel and travel service provider that was founded in 2007 when two hosts welcomed three guests to their San Francisco home and since then, it has grown to 4 million hosts who have welcomed over 800 million guests to almost 100,000 cities in every country and region across the globe. Hosts on Airbnb are everyday people who share their worlds to supply guests with the sensation of connection and being received.
|Revenue Breakdown Worldwide||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
(All figures are in billions, except percentages)
Airbnb’s revenue is increasing on both, a quarter-on-quarter basis and a year-on-year basis. In the latest quarter of Q3 2021, the company generated a revenue of $24 billion. During both the other quarters, i.e., Q3 2020 and Q2 2021, the revenue stood at $14 billion. Due to this, the revenue witnessed a rise of 71.43% on both, a quarterly and yearly basis, from $14 billion to $ 24 billion.
From the revenue breakdown for the third quarter of 2021, we can conclude that France contributes the least, almost 12.50% to the total revenue of the company, whereas the US contributes 41.65% of the total revenue. The other international regions constitute 45.85% of the total revenue generated in Q3 2021.
Airbnb’s total revenue can be further bifurcated into the following regions:
This region of the company showed immense up and down in revenue. Earlier, in the same quarter of the previous year, i.e., Q3 2020, the company generated a total of $2 billion, while in the latest quarter, i.e., Q3 2021, the revenue increased to $3 billion. This shows that there is a 50% growth in revenue from this region on a year-on-year basis. However, in the previous quarter of the same year, i.e., Q2 2021, this region generated no revenue. Thus, on a quarter-on-quarter basis, the revenue grew from $0 in Q2 2021 to $3 billion in Q3 2021. Overall, France contributes the least revenue out of all the other regions, accounting for 12.5% of the total revenue in Q3 2021.
The revenue from this region has been rising with each passing quarter. Earlier, in the same quarter of the previous year, i.e., Q3 2020, the company generated a total of $6 billion in revenue, while in the year Q3 2021 it increased to $10 billion. This shows that there is a 66.67% growth in revenue on a year-on-year basis. The quarter-on-quarter growth stood at 25%, from $8 billion in Q2 2021 to $10 billion in Q3 2021. Overall, the United States contributes 41.65% of the total revenue in Q3 2021.
This region contributes 45.85% to the total revenue generated by the company in Q3 2021, amounting to $11 billion. Earlier, in the same quarter of the previous year, i.e., Q3 2020, and in the previous quarter of the current year, i.e., Q2 2021, the company generated a total of $6 billion in revenue, witnessing no growth. Thus, the year-on-year growth and the quarter-on-quarter growth, both, stood at 83.34%.
Airbnb is an American company which provides an online marketplace and lodging facilities, mainly rental properties for vacations, homestays, and tourism activities. The headquarters of the company is located in San Francisco, California, United States, and was founded by Brian Chesky, Joe Gebbia, and Nathan Biecharczyk in the year 2008. The services of the company can be accessed through the website and mobile app. The company earns majority of its revenue by charging a service fee during each booking.
The company operates in the lodging and hospitality industry. It has multiple subsidiaries like Tilt.com, Aibiying, Trooly Inc and many more. As of December 2021, the company has 6,132 employees. The company operates in 220 countries and almost 100,000 cities and provides its services to the users with its easy user experience platform. The hosts of the company are categorized into 2 parts, individuals and professionals. They find Airbnb as a stress-free way of earning income from their property. Guests prefer Airbnbs over hotels and resorts as they have a cozier and more home-like feeling and are relatovely cheaper. The common stock of the company is listed on Nasdaq Global Select Market (NASDAQ) under the ticker symbol “ABNB” and is a component of the NASDAQ 100 index.
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