![]() ![]() ![]() Industry size and past growth – Airbnb bounced back strongly from the pandemic slump and earned almost $6 billion worldwide in 2021, surging past pre-pandemic levels.(( )).Since the start of the pandemic, home rentals like Airbnb have outperformed hotels in 27 top global markets even though rental prices have increased, according to hotel benchmarking firm STR.(( ))Īirbnb went public in December 2020 and immediately topped $100 billion in value, and its success has helped other home-stay businesses emerge, such as VRBO and Golightly. Airbnb has been so hot that not even the economic downturn related to covid-19 has been able to cool it down.
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