Airbnb operates an accommodation marketplace that allows people to list living spaces so that they can be leased or rented by users around the world looking for short-term lodgings. Notably, Airbnb does not invest in any real estate, and makes money by charging the host as well as the guest a percentage of the booking cost as a service fee.
This Trefis Valuation Model estimates the fair value for Airbnb to be $38 billion using just 4 core metrics for the company:Number of Listings:
This is the total number of lodgings listed on Airbnb at the end of a given yearAvg. Guest Arrivals per Listing:
We arrive at this metric by dividing the total number of guest arrivals over a year by the number of listings at the end of the yearAvg. Rent per Guest Arrival:
This is the average rent received by a host on Airbnb per guest arrivalAirbnb's Share of Rental Income:
This metric captures Airbnb's share of the total rental income generated by all hosts on Airbnb's platform
Don't agree with our estimates? Feel free to make your own changes to any of the core metrics below by dragging the blue dots in the charts.