We’ve got lengthy seen how hosts on Airbnb who share their houses and boutique motels can provide distinctive, memorable hospitality. As we proceed to welcome boutique motels onto the Airbnb platform, we’re additionally seeing continued development within the variety of hosts who share their houses.
Others within the hospitality business have additionally famous this pattern and we’re flattered that these within the journey sector who have been as soon as skeptical of house sharing now search to duplicate the Airbnb mannequin. Many conventional hospitality corporations and the organizations they fund have resisted house sharing, spending hundreds of thousands of {dollars} to marketing campaign towards individuals sharing their houses. We’re gratified to see these organizations now acknowledge that house sharing is an appropriate, and for a lot of, most popular technique to journey. Whereas they have been towards it earlier than they have been for it, it’s higher to reach late than by no means arrive in any respect.
These current bulletins additionally validate the easy incontrovertible fact that house sharing is rising quick: vacationers are in search of genuine experiences and extra individuals will likely be opening their houses tomorrow than at this time.
Although Airbnb is a younger firm, house sharing is an outdated idea. For hundreds of years, individuals have been sharing areas for each short- and long-term stays. CityLab famous that “Indiana College historical past professor Wendy Gamber estimates that ‘between one third and one half of nineteenth-century city residents both took in boarders or have been boarders themselves.'” Moreover, sharing a house when touring has been performed by rank-and-file vacationers and outstanding leaders alike. As a lawyer training in central Illinois within the 1850s, Abraham Lincoln usually stayed in boarding homes the place he made people-to-people connections that formed his views. Greater than a century later Jimmy Carter, partially to remain carefully linked to individuals, stayed within the houses of volunteers whereas in search of the Presidency in 1976.
Airbnb was formally launched in 2008 through the midst of the Nice Recession. The expansion of Airbnb was fueled by hosts who sought to earn more money and millennial vacationers particularly in search of out genuine experiences. In 2018, 58 p.c of our hosts and reserving friends world wide have been millennials. Millennials and Era Z are projected to signify over 75% of the important thing shopper demographic by 2022 and can proceed to form the journey and tourism sector. The millennial populations of each India (410 million) and China (400 million) are bigger than the whole inhabitants of the U.S.
These youthful vacationers have additionally helped unfold the phrase about Airbnb to others. In the present day, over 400,000 senior residents are internet hosting on Airbnb and greater than 400,000 corporations actively handle their enterprise journey with Airbnb.
As we glance to the longer term, our mission is to create a world the place anybody can belong anyplace. To advance our mission, we’re centered on reimagining journey by constructing an end-to-end journey platform that mixes the place you keep, what you do, and the way you get there, multi functional place. To attain this objective, we’re investing in creating new companies that may energy our development over the long-term.
On the middle of the whole lot we do is neighborhood. Our neighborhood of hosts is what delivers magical journey to our neighborhood of friends. For greater than 10 years we now have labored to construct this neighborhood, which now contains hosts in almost 100,000 cities.
As we proceed this work, we often survey Airbnb hosts and friends. In the present day, we’re releasing new knowledge concerning our neighborhood, together with findings from a current survey of greater than 230,000 hosts and friends world wide (for extra on survey methodology, please see the underside of this publish). The findings provide key insights concerning Airbnb’s world community and enlargement:
Listings in Practically 100,000 Cities
The Airbnb neighborhood is world and at this time we’re saying that there are Airbnb listings in additional than 99,800 cities world wide. Six friends test into an Airbnb itemizing each second.
Importantly, our listings usually are not concentrated in anyone market. Over 900 cities have greater than 1,000 listings. In the present day, lower than three p.c of all energetic listings are in New York Metropolis, London, and Paris. 5 years in the past, over 10 p.c of all energetic listings have been in these three markets.
Nobody metropolis accounts for greater than 1 p.c of our listings worldwide.
Airbnb’s International Community Generates Extra Locations to Keep
Our neighborhood has created a very world community. Friends who’re in search of distinctive listings and experiences world wide discover what they need at Airbnb. That demand generates better alternatives for much more hosts and in flip, extra choices for friends. Thus far, there have been greater than half a billion visitor arrivals at Airbnb listings worldwide and hosts – who hold the overwhelming majority of what they cost for his or her listings – have earned greater than $65 billion by sharing their houses on Airbnb. Communities profit, too. Airbnb friends have spent billions in neighborhoods that won’t have benefited from tourism up to now.
Whereas different manufacturers rely on multibillion-dollar advertising and acquisition packages, the Airbnb community, mixed with the instruments and companies we provide, has confirmed to draw new hosts and generate extra locations to remain for friends. When requested to establish the explanations motivating them to share their house, 22 p.c of Host respondents stated they first loved being an Airbnb visitor, then determined to host.
Hosts and Friends participating with Airbnb after their keep additionally makes our community even stronger. Airbnb hosts and friends have left greater than 250 million opinions, an accumulation of opinions that has created an incredible forex of belief.
Distinctive, Excessive-High quality Lodging and Companies
Our neighborhood presents distinctive, high-quality lodging and Experiences which have created a brand new technique to journey that didn’t exist earlier than and can’t be discovered anyplace else. For instance, there are over 14,000 tiny homes listed on Airbnb, over 4,000 castles, and over 2,400 tree homes.
Typically, lodging out there by way of Airbnb are extra reasonably priced than conventional motels, however survey outcomes present that low costs are just one cause why friends flip to Airbnb. When Visitor respondents have been requested to establish elements that have been “vital” or “considerably vital” of their choice to make use of Airbnb:
95 p.c chosen ease and safety of fee. In contrast to most different short-term rental platforms, Airbnb securely handles all funds and transactions.
86 p.c of Visitor respondents stated the placement was extra handy, whereas 77 p.c stated they wished to stay like a neighborhood.
64 p.c of Visitor respondents stated house sharing is best for the setting. In keeping with our evaluation, within the final yr alone, there have been 4.5 million visitor arrivals at eco-friendly Airbnb listings.
Vacationers Belief Airbnb Experiences
Airbnb Experiences immerse vacationers in native communities world wide by providing one-of-a-kind actions which can be handcrafted and led by native specialists. From strolling with wolves in Los Angeles to listening to stay jazz in a repurposed London transport container, Experiences transcend typical excursions or lessons by immersing friends in every host’s distinctive world.
After launching Experiences with 500 in 2016, Airbnb now presents 30,000 of them world wide. In 2018, the variety of seats booked on Airbnb Experiences elevated almost 7x, yr over yr, and our knowledge presents proof concerning the success of this new enterprise. When Visitor respondents have been requested concerning the elements that have been vital or considerably vital of their choice to e book an Airbnb Expertise:
96 p.c stated they wished a extra native, genuine expertise.
94 p.c stated they wished ease and safety of fee supplied by Airbnb.
92 p.c trusted the Airbnb model to have higher high quality Experiences.
Shifting Ahead
There are over 6 million Airbnb listings world wide—extra listings than the six largest resort teams have rooms, mixed—and we’re extra than simply houses: Airbnb is creating the place to plan each a part of your journey. From providing extra sorts of lodging to investing in Experiences and transportation, we’re making main investments in individuals, expertise and techniques that may energy long-term development sooner or later and we’ll proceed to supply extra updates concerning this work within the weeks and months forward.
Survey knowledge is predicated on a voluntary survey despatched to a pattern of Airbnb host and visitor accounts that had hosted or taken a visit or Expertise in 2018. Airbnb acquired over 147,000 responses to the host survey and 90,000 to the visitor survey. The survey was despatched to host and visitor accounts worldwide in cities and international locations with giant numbers of Airbnb contributors; places with fewer Airbnb contributors usually are not represented. Survey was administered from January 25 to February 10, 2019. No fee or different incentive was offered in trade for finishing the survey.

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About Airbnb
Based in 2008, Airbnb is a world journey neighborhood that provides magical finish­to­finish journeys, together with the place you keep, what you do and the individuals you meet. Airbnb uniquely leverages expertise to economically empower hundreds of thousands of individuals world wide to unlock and monetize their areas, passions and skills to turn into hospitality entrepreneurs. Airbnb’s lodging market presents entry to hundreds of thousands of locations to remain in additional than 191 international locations, from flats and villas to castles, treehouses and B&Bs. With Experiences, individuals can see a distinct aspect to a vacation spot by means of distinctive, handcrafted actions run by locals, whereas a partnership with Resy offers entry to the very best native eating places in chosen international locations. All of that is introduced collectively in a single simple­to­use and fantastically designed web site and app.