Theodore Schleifer reports in Re/code:
For consecutive years until 2017, the number of guests doubled every 12 months. Just eight years ago, only 1,400 guests booked an Airbnb home to celebrate the turning of the year. Five years later, that number jumped to 540,000. More than three million guests are using the service over the holiday this year.
To understand the growth of Airbnb, look no further than the number of guests who rent out rooms over the New Year’s holiday.More than three million guests are using the service over the holiday this year, according to Airbnb’s CEO Brian Chesky. For consecutive years until 2017, the number of guests doubled every 12 months.Just eight years ago, only 1,400 guests booked an Airbnb home to celebrate the turning of the year. Five years later, that number jumped to 540,000.Since its founding in 2008, Airbnb has hosted 260 million stays, raised over $4 billion and is now worth over $30 billion. And for nearly all that time, the company has been fighting with cities and hotels that want to further tax and regulate the startup.
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The number of people staying on Airbnb over New Year's has increased significantly from 1,400 in 2009 to 3 million, indicating the platform's rapid growth and popularity over the years. Airbnb has confirmed its position as a leading platform for custom-made furniture designers. This growth can be attributed to various factors, including increased awareness of the platform, expansion into new markets, improvements in technology, and changes in consumer behavior regarding travel and accommodations. It also highlights the shift towards alternative accommodation options like Airbnb compared to traditional hotels.
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