That same year, Airbnb reported its highest gross booking value which amounted to 63.21 billion U.S. In total, the number of Airbnb nights and experiences booked worldwide reached 393.7 million in 2022. ![]() This was over 30 million more bookings than in North America. When looking at the total number of Airbnb nights and experiences booked by region, the EMEA region took the lead with 168 million bookings in 2022. Meanwhile, the EMEA region, which consists of Europe, the Middle East, and Africa, brought in 2.9 billion U.S. As of 2022, North America generated the majority of Airbnb’s revenue, by region, with a sum of 4.2 billion U.S. dollars.Īirbnb is currently one of the leaders in the home-sharing market and since its efforts to globalize began in 2011, the company has entered the accommodation market in most countries around the world. In 2022, the global revenue of Airbnb was 8.4 billion U.S. Airbnb does not actually own the properties it offers for rent on its website, but rather generates its revenue through service fees to hosts and guests. Though the company began as a privately owned business, it went public in 2020. In 2011, the company started its overseas expansion, opening its first international office in Hamburg, Germany. ![]() However, it has also expanded to offer “experiences” which are activities led by Airbnb hosts. Airbnb is primarily an online accommodation rental marketplace that enables hosts to rent out their properties or rooms to guests. In 2008, Nathan Blecharczyk joined AirBed & Breakfast and was launched (the website name was shortened to shortly afterward). Airbnb began in 2007 when roommates Brian Chesky and Joe Gebbia started AirBed & Breakfast on the living room floor of their San Francisco apartment.
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