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State Average Annual Host Earnings 2020 Average Annual Host Earnings 2019
California $32,876 $32,142
Colorado $32,441 $27,214
South Carolina $27,615 $24,237
Florida $27,362 $27,236

How much did Airbnb start with?

Shares of Airbnb originally priced at $68 Wednesday night, but showed a massive pop Thursday afternoon when it opened trading at $146 per share. Shares closed the day at $144.71, giving the home-sharing company a market cap of about $86.5 billion, more than double the valuation it sought in the IPO just a day ago.

Is Airbnb profitable 2020?

Q4 2020 revenue was down only 22% year-over-year, demonstrating Airbnb’s resilience. At the depth of the pandemic, we forecasted our 2020 revenue could be less than half of what it was in 2019. Yet in the end, total revenue of $3.4 billion for 2020 decreased only 30% compared with $4.8 billion in 2019.

How much income does Airbnb have to report to the IRS?

The US Internal Revenue Service (IRS) requires US companies that process payments, including Airbnb, to report gross earnings for all US users who earn over $20,000 and have 200+ transactions in the calendar year. If you exceed both IRS thresholds in a calendar year, Airbnb will issue you a Form 1099-K.

How big is the market for Airbnb in the US?

5.5% of the total demand for lodging in the US were composed of Airbnb listings in 2018. Travelers used Airbnb’s platform to book almost 100 million room nights in the q2 of 2019 alone. Nightly rate or average daily rate of Airbnb listings stays pretty consistent at around $100/night.

Where are the most Airbnb listings in the world?

Between 2017 and 2019, listings in New York City fell 7.1% and listings in San Francisco fell 16.7%. In 2015, over 10% of all active listings were in New York City, London, and Paris.

Who is the fastest growing demographic on Airbnb?

The fastest-growing host demographic is seniors, with over 400,000 senior hosts. Senior women are consistently rated as the best hosts on Airbnb. In 2016, 320,000 hosts over the age of 60 earned a total of $747 million through Airbnb. Women constitute 56% of hosts and have earned $32 billion since the company began in 2008.