Airbnb claims to have outpaced the travel sector’s growth in 2024.
The home sharing giant ended the year with 491 million nights and experiences booked.
Revenue of more than $11 billion was reported with adjusted earnings [ebitda] up 11% year-on-year to $4 billion.
The performance was driven by strong demand and a “modest increase” in average daily rate (ADR).
Releasing fourth quarter and full year results, the company said: “Airbnb is a fundamentally stronger company today than it was several years ago.
“Since our 2020 IPO, our revenue and gross booking value (GBV) have tripled, and in 2024, we successfully outpaced the travel industry’s growth.
“We’re continuing to build on this momentum in 2025, executing a multi-year strategy to perfect the core service, accelerate growth in global markets, and launch and scale new offerings.”
The company pointed out that the Airbnb platform had been rebuilt from the ground up on a new technology stack and improved the overall user experience, with more than 535 features and upgrades based on feedback from guests and hosts.
“Today, our service is better than ever, and our platform is ready to support the new offerings we’ll launch as part of our May 2025 Summer Release.
“While these efforts are setting us up for long-term growth, they’re already driving a positive impact on the business, which is evident from our Q4 results.”
Co-founder and chief executive Brian Chesky said: “In 2024, we outpaced the travel industry’s growth, with revenue, nights booked, and GBV all accelerating in Q4.
“This growth reflects the significant improvements we’ve made to Airbnb’s usability, affordability, and reliability – and we’re excited to build on this momentum in 2025.”