On this page:
- Airbnb's revenue, gross profit, EBITDA, and free cash flow
- How Airbnb makes money (Its business model)
- Airbnb's key business metrics: no. of nights and experiences booked, gross booking value (GBV), and average daily rate (ADR)
- Ticker: $ABNB
- Industry: Hotels, Restaurants, and Leisure
- CEO: Brian Chesky
- Year Founded: 2018
- IPO Date: December 10th, 2020
- Website: https://www.airbnb.com
Last twelve month's (LTM) data
Airbnb is a marketplace business model like eBay or Amazon. It makes money by taking a cut from each transaction.
And recently, it's pushing into business travel management, but it doesn't break out this segment in its financial statements.
There's a lot of spending up for grabs. Here are a two stats from Allied Market Research about the business travel market:
- The global business travel market size was valued at $695.9 billion in 2020.
- It's expected to reach $2 trillion by 2028; that's a 13% CAGR from 2021 to 2028.
Airbnb tracks three metrics to measure the health of its business.
- Number of nights and experiences booked
- Gross booking value (GBV)
- Average daily rate (ADR)
Number of nights and experiences booked
- Number of nights and experiences booked: The total number of nights booked for stays and the total number of seats booked for experiences, net of cancellations.
Gross booking value (GBV)
- GBV (gross booking value): The dollar value of each booking on Airbnb's platform during a specified period. The amount includes host earnings, service fees, cleaning fees, and taxes, net of alterations and cancellations.
Average daily rate (ADR)
- Average daily rate (ADR): The average price for stay during a quarter.