With each acquisition, they gain more and more traction and are now venturing into luxury and upmarket properties.ĭid you know you can earn money on Airbnb without owning property? Why not take a leaf out of their book. For example, split payments, pricing tips, and business travel. With the new technology, they offer up a better user experience. But no, the company make all their money off property that WE own!īut don’t get me wrong, Airbnb has been acquiring a lot of tech companies in the accommodation industry. With the above valuation and the staggering amount of money that Airbnb is making, you would think they have a huge property empire. As a result, the Airbnb Luxe brand was created, and they are now dominating the luxury home space. It means Airbnb is now one of the largest companies on the planet.Īlso worth mentioning is back in 2017, they bought out Luxury Retreats for $300 million. This will send their valuations soaring even higher. Their latest round of funding came in at 1.8 billion and now there is talk that the company is going public. The company is reportedly worth a whopping $31 billion. They are now in over 81,000 cities with 6 million properties listed on their home sharing website.
Cue the jaw-drop action here.Īirbnb is on track to net around 3.5 billion in the year 2020. A week later they had their first guests at $80 a night.Īnd, well, we all know what happened next, Airbnb was born! How much is Airbnb Worth?įrom a modest lounge room with three blow up beds, Airbnb is now worth around $38 Billion dollars. They blew them up and advertised them on their website which they called Airbed and Breakfast. So they went out and purchased 3 air beds.
Being savvy entrepreneurs, they thought to themselves “why not rent out our floor space in our lounge room?”. Every year a design conference came to town, filling every hotel room he brink. But what’s the Air part all about? You would think it relates to flying up in the air right? Not even close!īack in 2007, cash strapped Joe Gebbia and Brian Chesky were living in San Francisco.
Airbnb stands for Air Bed and Breakfast, a fairly simple meaning.
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