A Blog by Jonathan Low

 

Dec 31, 2017

3 Million People Are Staying in Airbnbs Over New Years. In 2009 Only 1,400 Were

The growth is impressive, but like Amazon and now Uber, a reckoning over the advantage non-payment of taxes and comparable wages may be looming. JL

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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