Airbnb is one of the most influential entities in the western vacation rental industry. Since the pandemic, its revenue numbers have rising year after year, amounting up to a whopping 2.9 billion USD. This reflects the companies opulence, as well as the trend of success in the industry as a whole.
Over the past 3 years, growth in vacation rental rooms has been equivalent to all the existing hotel rooms in Italy, France, Spain & Germany combined. Now, as travel trends mould to post-pandemic reality and vacation rentals appear primed for even greater growth, we’ve built a ‘Vacation Rental Map of the World’. The report takes you through current industry trends, including supply, rates, occupancy & professionalisation.
By redefining traveler expectations and establishing a new type of lodging, Airbnb built the second most valuable travel company in the world in just a decade. As investors consider the Airbnb IPO, we analyse key questions facing the company. How will the Airbnb brand, hosts, guests, competitors & COVID impact its IPO?
Airbnb’s vision of ‘belonging anywhere’ has captured the imagination and custom of millions. With brand so critical in a travel industry dominated by Google, a question surrounding the Airbnb IPO is: just how powerful is the Airbnb brand? Moreover, can it retain and attract yet more consumers to continue to grow in the face of changing demand and competition?