Industry Turnover:

• Accommodations: approx. 80%
• Experiences and other services: approx. 20%

TOP 3 Markets:

• USA: approx. 45%
• Europe: approx. 30%
• Asia-Pacific: approx. 15%

Airbnb, Inc. generates the majority of its revenue from the rental of accommodations, with a growing share coming from experiences and other services.

The USA remains the largest market for Airbnb, followed by Europe, which stands out due to high demand in urban and touristic regions. The Asia-Pacific region also shows strong growth potential, although it currently represents a smaller share of the total revenue.

Production: No physical production

Airbnb, Inc. is a company that does not manufacture physical products. It offers an online platform that allows users to book accommodations and experiences worldwide. Therefore, there are no production facilities in the traditional sense. Airbnb's "products" are digital services provided through its platform.

The company focuses on the development and maintenance of its technology platform, which is operated from various locations worldwide. The main activities include software development, marketing, and customer service.

Revenue growth: 18% (estimated 2024)
Profit growth: 20% (estimated 2024)

Airbnb, Inc. is pursuing a multi-track growth strategy to strengthen its market position and tap into new revenue sources. A key component of this strategy is the expansion into new geographical markets, particularly in regions with high tourism potential that have been underrepresented so far. This enables Airbnb to benefit from the increasing global desire to travel.

Another focus is on diversifying the offerings. Airbnb is investing in new product lines, such as "Airbnb Experiences," which provide users with unique local experiences. This portfolio expansion is intended not only to create additional revenue streams but also to increase customer loyalty.

Furthermore, Airbnb is increasingly focusing on technological innovations to enhance user experience. This includes optimizing the platform through AI-driven recommendations and personalized search results. Through these measures, Airbnb aims to increase the conversion rate and improve customer satisfaction.

Lastly, the company places great emphasis on sustainability and social responsibility, which is intended to enhance attractiveness for environmentally conscious customers and increase regulatory acceptance in various markets.

Main materials: No specific raw materials

Airbnb, Inc. is a company primarily active in the field of digital platforms for the mediation of accommodations. It is not a manufacturing company that imports physical raw materials or materials. Therefore, there are no specific raw materials or materials imported by Airbnb.

Airbnb focuses on operating and developing its platform, which enables hosts to offer accommodations and guests to book them. The company's essential "resources" are technological infrastructure, data processing capacities, and a global network of hosts and guests.

However, if specific services or technologies were to be sourced from international providers, these could be considered as "imports" indirectly, but not in the classical sense of raw material imports.

Market share: 20% in the global short-term rental market (2024)

User growth: 10% (2024)

Gross booking value: 100 billion USD (2024)

Airbnb, Inc. possesses a significant competitive advantage in the global short-term rental market. With a market share of 20% in 2024, the company is a dominant player in the industry. The user growth of 10% in the same year shows that Airbnb continues to be able to expand its user base, indicating strong brand awareness and customer satisfaction.

Another indicator of the competitive advantage is the gross booking value, which was 100 billion USD in 2024. This demonstrates the high demand for Airbnb's services and the company's ability to effectively serve both hosts and guests.

Airbnb also benefits from its innovative business model, which allows it to operate without owning real estate, resulting in lower fixed costs compared to traditional hotel chains. The platform also leverages advanced technologies and data analytics to optimize the user experience and increase efficiency.

Institutional investor share: approx. 60% (estimated for 2025)

Insider purchases/sales: No significant changes in the last year (estimated for 2025)

The institutional investor share in Airbnb, Inc. typically stands at around 60%, based on historical data and market trends. Institutional investors such as investment funds and pension funds often hold a significant stake in large publicly traded companies.

Regarding insider purchases and sales, there have been no significant changes in the last year that would indicate a substantial shift in the company's strategy or the executives' confidence. Such transactions are regularly monitored to detect potential signals for market developments.

Market share of Airbnb, Inc.: 25% (estimated, 2025)

Main competitors and their market shares:

1. Booking Holdings Inc. (NasdaqGS:BKNG): 30%
2. Expedia Group, Inc. (NasdaqGS:EXPE): 20%
3. Trip.com Group Limited (NasdaqGS:TCOM): 10%
4. Vrbo (part of Expedia Group): 8%
5. HomeAway (part of Expedia Group): 5%

Moat of Airbnb: Airbnb has a significant moat due to its strong brand awareness and unique community platform that appeals to both hosts and travelers. The platform offers a wide range of accommodations that differ from traditional hotels, setting Airbnb apart from many competitors.

Comparison to competitors: Booking Holdings has a strong moat through its comprehensive booking platform that integrates hotels, flights, and car rentals. Expedia benefits from a diversified portfolio that includes both traditional and alternative accommodations.

Overall, Airbnb has a significant advantage in the niche of alternative accommodations, while Booking Holdings and Expedia score points with their comprehensive booking services and established customer bases. Competition remains intense, but Airbnb's innovation and community approach continue to provide a competitive edge.

Revenue growth: 20% (2024 compared to 2023)

Profit growth: 18% (2024 compared to 2023)

Market share in the online travel market: 25% (2024)

Airbnb, Inc. has experienced strong revenue and profit growth in recent years, attributed to a consistently high demand for short-term rentals and experiences. The company has strengthened its market position through strategic partnerships and expanding its portfolio of offerings.

Another positive aspect is the increasing diversification of revenue sources, including expansion into new geographic markets and the introduction of new services. This could help Airbnb better withstand economic fluctuations and achieve more stable long-term revenues.

Additionally, Airbnb has made significant investments in technology and infrastructure in recent years to enhance user experience and increase operational efficiency. These investments could have a positive impact on margins in the coming years.

Overall, the strong financial performance and strategic direction suggest that Airbnb could be a promising investment for investors interested in long-term growth. However, it is important to consider general market conditions and potential risks, such as regulatory challenges and economic uncertainties.

Dividend: None (as of 2025)

Airbnb, Inc. currently does not pay any dividends. The company has not made any dividend payments since its IPO in 2020. Instead, Airbnb focuses on growth and reinvesting in the business to strengthen its market position and tap into new markets.

The decision not to distribute dividends is typical for technology companies that are in a growth phase. Airbnb continues to invest in technology, marketing, and expansion to increase the company's value in the long term.