Airbnb stands for Air bed and Breakfast, and this web application works as a global marketplace for people who might be looking for a place to stay or some kind of accommodation. No matter what region you are in, this website is excellent for finding affordable housing options.
It is a remarkable web forum that helps connect Airbnb hosts with travelers who want to find any kind of rental property. This also gives a chance for hosts to earn some extra money without having to get into much hassle.
Due to its revolutionary app idea, Airbnb is among the most popular apps being highly discussed and used among the masses. Another important factor contributing to this app’s popularity is the Webby Award that its site received in 2014 for its functionality and user experience.
Airbnb Statistics Worldwide in 2022
Starting in 2008, Airbnb has become one of the leading websites to find accommodations in almost any region of the world. It provides travelers with the utmost convenient options to find a suitable temporary place.
Considering that, here are some globally recorded statistics about the success of Airbnb in 2022:
- Over 100,000 cities have active Airbnb listings
- Approximately 2.9 million hosts use Airbnb
- Almost 220 countries and regions have active Airbnb listings
- More than 14,000 hosts are joining Airbnb every month this year
- Worldwide, there are +7 million listings on Airbnb
Airbnb Growth Facts
- First funding of $20,000 by Y Combinator in 2009
- In 2014, TPG Capital invested $450 million
- Technology Crossover Ventures and Google Capital invested $555.5 million in 2016
- The growth rate increased 40% in 2018
- The compound growth rate calculated was 153% from 2009 to 2019
Annual Revenue Statistics from 2019 to 2022
Year | Revenue | Increment |
2019 | $4.805B | 31.58% |
2020 | $3.378B | 29.7% decline |
2021 | $5.992B | 77.37% |
2022 | $7.383B | 66.89% |
Reasons for Popularity of Airbnb
Back in the day, travelers really needed to struggle a lot when it came to finding an accommodation at affordable prices as well as convenient locations. However, with Airbnb coming into business, things really took a new turn.
Here are some of the common reasons of popularity and success of Airbnb:
- Open Platform
- Affordability
- Convenient
- Diverse Locations
- household Amenities
How Much Does it Cost to Make an App like Airbnb
Here is an in-depth review of how much it is likely to take to build a clone app like Airbnb:
Airbnb Tech Stack
Programming Languages | Ruby, Javascript |
Framework | Ruby on Rails |
Web Server | Nginx |
Javascript Framework | React |
Key-Value Storage | Redix |
Cloud Storage | Amazon S3, EBS |
Cloud Hosting | Amazon EC2 |
Cloud Database | Amazon RDS |
Big Data Tools | Presto, Druid, Airpal |
Features of Airbnb for Guests
- Registration
- Login
- Search
- Payments
- Profiles
- Chats
- Favorites
- Order
Features of Airbnb for Hosts
- Advertisements
- GPS
- Push Notifications
- Requests
Estimated Costs According to Features
Features | Web Development | Android Development | iOS Development |
Features for Guest | $25,000- $27,000 | $19,000- $21,000 | $19,000- $21,000 |
Features for Hosts | $11,000- $13,000 | $10,000- $12,000 | $10,000- $12,000 |
Design | $7,000- $9,500 | $6,000- $8,000 | $7,500- $10,000 |
Estimated Costs According to Regions
Regions | Web Development | Android Development | iOS Developmen |
North America | $75-$120 | $90-$130 | $90-$130 |
Central Europe | $30-$65 | $35-$75 | $35-$75 |
Western Europe | $70-$90 | $80-$110 | $80-$110 |
Australia | $41- $70 | $45-$70 | $45-$70 |