Airbnb's Growth Seems Much More Insane When You See It On a Chart

Airbnb has grown dramatically over the last few years, but a recent Airbnb report shows just how crazy the takeover has been. Since 2007, Airbnb has spread to 191 countries and 34,000 cities across the globe, serving 50 million total guests with 30 million in the last year alone. And just this summer, more than 17 million guests chose Airbnb over hotels, 353 times more than the 47,000 lodgers in 2010. And don't even get us started on percentages...(Dadaviz’s León Markovitz visualized what that change looks like, shown above.) The report also bragged about the exotic locales offered to Airbnb guests, including 10,000 Airbnb treehouses, 12,000 yurts and 13,000 castles. With these numbers, you can probably understand why the hotel industry is shaken to its core and willing to engage in regulatory fights across the globe. While Airbnb’s report says the site’s popularity is due to middle class families trying sharing space in order to make ends meet (the average host makes approximately $7,350), it’s cleaning up a hefty profit while hotels are struggling to keep up. [BI]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI