Hand-drawn Business Engineer cover: 13.5% Airbnb take rate in 2023. Airbnb 2023 Revenue GBV Take Rate: 2017-2025 Analysis

Airbnb 2023 Revenue GBV Take Rate: 2017-2025 Analysis

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Financial Data · Updated 2026
Airbnb Take Rate (Service Fee %)
13.4%↑ Stable
Full Year 2025
12.7
17
12.8
18
13.5
19
16.3
20
14.1
21
13.2
22
14.2
23
13.6
24
13.4
25
Key Metrics
Revenue
$12.2B (2025)
GBV
$91.3B (2025)
Nights Booked
533M
Net Income
$2.5B
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Airbnb
Take Rate (Service Fee %)
13.4%
Full Year 2025
▲ Stable
13.5 2019 16.3 2020 14.1 2021 13.2 2022 14.2 2023 13.6 2024 13.4 2025
Revenue: $12.2B
GBV: $91.3B
Host Fee: 15.5%
Fee Model: Host-Only (2025)
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Airbnb’s take rate is the percentage fee the company gathers from hosts and guests on each booking made through the platform. The take rate for Airbnb fluctuated over the years, peaking at 14.1% in 2020, 13.3% in 2022, 13.5% in 2023, and 13.6% in 2024.

Related Visual Stories To Airbnb

Who Owns Airbnb

Hand-drawn Business Engineer cover: 13.5% Airbnb take rate in 2023. Airbnb 2023 Revenue GBV Take Rate: 2017-2025 Analysis
Key numbersAs stated in this article
14.1%The take rate for Airbnb fluctuated over the years , peaking at 14.1% in 2020, 13.3% in 2022, 13.5% in…This article
5%Airbnb Business Model Airbnb is a platform business model making money by charging guests a service fee…This article
$100For instance, on a $100 booking per night set by a host, Airbnb might make as much as $15, split between…This article
$ 9.92 billionFor instance, in 2023, Airbnb generated $ 9.92 billion in transaction rates, with an average take rate of…This article

In one line13.5 2019 16.3 2020 14.1 2021 13.2 2022 14.2 2023 13.6 2024 13.4 2025 Revenue: $12.2B GBV: $91.3B Host Fee: 15.5% Fee Model: Host-Only (2025) Explore In-Depth AI & Business Strategy → fourweekmba.com…

FourWeekMBABusiness EngineerAt a glance

Airbnb's take rate is the percentage fee the company gathers from hosts and guests on each booking made through the platform.

The take rate for Airbnb fluctuated over the years, peaking at 14.1% in 2020, 13.3% in 2022, 13.5% in 2023, and 13.6% in 2024.

Layout refreshed 7 October 2026. The article text below is unchanged.

who-owns-airbnb
Airbnb’s founders primarily own Airbnb: Brian Chesky, with over 76 million Class B shares, which give him 33..4% of ownership and 30.6% of voting power; Nathan Blecharczyk, with over 64 million Class B shares, which give him 29.4% and 26.9% of voting power; and Joe Gebbia, which has nearly 47 million of Class B shares which give him 21..5% ownership and almost 27% of voting power. Other institutional investors comprise Sequoia Capital, Fidelity, and The Vanguard Group.

Airbnb Business Model

airbnb-business-model
Airbnb is a platform business model making money by charging guests a service fee between 5% and 15% of the reservation, while the commission from hosts is generally 3%. For instance, on a $100 booking per night set by a host, Airbnb might make as much as $15, split between host and guest fees. 

Why Is It Called Airbnb?

Why Is It Called Airbnb?
Airbnb was initially called Airbedandbreakfast, as the main idea behind the starting of the company was to rent air mattresses in their apartment, as San Francisco filled up due to various conferences, to make some money to pay back the rent. The Aibnb’s founders noticed this as they were designers. And a design conference (IDSA / ICSID) was about to happen in 2007; they launched Airbedandbreakfast as a service offering “Air Bed and Breakfast” to other designers coming to town who could not find available rooms in a hotel. Thus from there, the initial name. Yet, as Airbnb joined the Winter 2009 batch of the popular accelerator, YC, Paul Graham, founder of YC, suggested the founders change the name from Airbedandbreakfast to Airbnb – before demo day – as the name sounded better.

Airbnb Revenue Model

airbnb-revenue-model
Airbnb is a two-sided marketplace where hosts and guests transact via its booking platform. Thus, Airbnb makes money by charging a fee on top of hosts and guests when a transaction goes through. For instance, in 2023, Airbnb generated $ 9.92 billion in transaction rates, with an average take rate of 13.5%.

Airbnb Competitors

airbnb-competitors
The Airbnb story began in 2008 when two friends shared their accommodation with three travelers looking for a place to stay. Just over a decade later, it is estimated that the company now accounts for over 20% of the vacation rental industry. As a travel platform, Airbnb competes with other brands like Booking.com, VRBO, FlipKey, and given its massive amount of traffic from Google. Also, platforms like Google Travel can be considered potential competitors able to cannibalize part of Airbnb’s market.

Airbnb Business Model Economics

airbnb-unit-economics
As a peer-to-peer platform, Airbnb will collect a fee from both key players once the transaction between host and guest goes through. For example, from a $100 booking per night set by the host, Airbnb might collect $3 as a hosting fee. At the same time, it might increase the price for the guest to $116 ($16 above the price set by the host) to collect its guest fees of $12 and taxes for the remaining amount. In 2023, on $73.25 billion in gross bookings, the company reported revenues of $9.92 billion, a record of $4.79 billion in net income, and 13.5%, in take rates.

Airbnb Take Rates

how-much-does-airbnb-take
In 2023, Airbnb reported a 13.5% take rate (analysis by FourWeekMBA). Airbnb reported a 13.3% take rate in 2022 and 12.8% in 2021. The company’s take rate is a critical metric that Airbnb tracks to evaluate the financial health of its platform.

Airbnb Value Per Booking

airbnb-value-per-booking
In 2023, Airbnb generated an average value per booking of $163.51, compared to 2022, when Airbnb generated an average value per booking of $161, compared to $156 in 2021 and $124 in 2020.

Airbnb Financials

airbnb-financials
Airbnb generated $73.25B in gross bookings, $9.92B in net revenues, $4.79B in net profits, and $3.84 in free cash flows.

Airbnb Hosts Number

airbnb-hosts-number
In 2023, Airbnb had over 5 million hosts on the platform, which generated 7.7 million listings in the same period; Airbnb had 6.6 million active listings, compared to 6 million in 2021.

Storyboarding

storyboarding-business
A storyboard is a linear sequence of illustrations used in animation to develop a broader story. A storyboard process is now used also in business to understand and map customers’ experience and enable the growth of the company using that process.

Airbnb Arbitrage

airbnb-arbitrage
Airbnb arbitrage is a business model where the renter of a house or apartment sub-lets the property to Airbnb users. This is a model where the Airbnb arbitrageur can transform a long-term rental, with the main property owner, into a short-term rental, with higher rates and margins.

ADU Market

adu-market
An accessory dwelling unit (ADU) is a term used to describe a secondary house or apartment located on the same plot of land as a larger, primary place of residence. This has become an industry for its own sake, with the potential to become the next trillion-dollar industry.

Samara Business Model

samara
Samara is a manufacturer of prefab accessory dwelling units (ADUs) that can be installed and operational in a matter of hours. It started as an R&D unit of Airbnb in 2016. And it eventually was spun off and run by Airbnb co-founder Joe Gebbia, who now runs it full-time.

OTAs Connected Business Models

Booking

booking-business-model
Booking Holdings is the company the controls six main brands that comprise Booking.com, priceline.com, KAYAK, agoda.com, Rentalcars.com, and OpenTable. Over 76% of the company revenues in 2017 came primarily via travel reservations commisions and travel insurance fees. Almost 17% came from merchant fees, and the remaining revenues came from advertising earned via KAYAK. As distribution strategy, the company spent over $4.5 billion in performance-based and brand advertising. 

Expedia

trivago-business-model
Trivago is a search and discovery travel platform part of Expedia Group. Trivago is widely known as a trusted hotel comparison service. Trivago doesn’t charge based on bookings but rather through a cost-per-click (CPC) model, monetized when a hotel searcher clicks one of its advertiser listings. This referral revenue comprises most of Trivago’s income. Trivago also has another minor revenue stream via subscriptions to its Business Studio, a tool that helps hoteliers track impression and click data associated with their properties.

Google (Google Travel)

Expedia-business-model
Born in 1996 as a travel platform of Microsoft, it would be spun off later on. Expedia became among the largest online travel agencies (OTAs) which comprise a set of brands that go from Hotels.com, Vrbo, Orbits, CheapTickets, ebookers, Travelocity, Trivago, and others. The company follows a multi-brand strategy.

Kayak

how-does-kayak-make-money
Kayak is an online travel agency and search engine founded in 2004 by Steve Hafner and Paul M. English as a Travel Search Company and acquired by Booking Holdings in 2013 for $2.1 billion. The company makes money via an advertising model based on cost per click, cost per acquisition, and advertising placements.

OpenTable

how-does-opentable-make-money
OpenTable is an American online restaurant reservation system founded by Chuck Templeton. During the late 90s, it provided one of the first automated, real-time reservation systems. The company was acquired by Booking Holding back in 2014, for $2.6 billion. Today OpenTable makes money via subscription plans, referral fees, and in-dining with its first restaurant, as an experiment in Miami, Florida.

Oyo

oyo-business-model
OYO’s business model is a mixture of platform and brand, where the company started primarily as an aggregator of homes across India, and it quickly moved to other verticals, from leisure to co-working and corporate travel. In a sort of octopus business strategy of expansion to cover the whole spectrum of short-term real estate.

Tripadvisor

tripadvisor-business-model
TripAdvisor’s business model matches the demand for people looking for a travel experience with supply from travel partners around the world providing travel accommodations and experiences. When this match is created TripAdvisor collects commission from partners on a CPC and CPM basis. The non-hotel revenue comprises experiences, restaurants, and rentals.

Trivago

trivago-business-model
Trivago is a search and discovery travel platform part of Expedia Group. Trivago is widely known as a trusted hotel comparison service. Trivago doesn’t charge based on bookings but rather through a cost-per-click (CPC) model, monetized when a hotel searcher clicks one of its advertiser listings. This referral revenue comprises most of Trivago’s income. Trivago also has another minor revenue stream via subscriptions to its Business Studio, a tool that helps hoteliers track impression and click data associated with their properties.

Frequently Asked Questions

What is Airbnb’s take rate in 2025?
Airbnb’s take rate (revenue as a percentage of Gross Booking Value) was approximately 13.4% in 2025. This means for every $100 in bookings, Airbnb keeps about $13.40 as revenue. The rate has been relatively stable in the 13-14% range since 2021.
How does Airbnb’s fee structure work?
Airbnb charges service fees to both hosts and guests. The total take rate of ~13.4% comes from a combination of host fees (typically 3%) and guest fees (typically 14-16%). In some markets, Airbnb uses a host-only fee model where hosts pay a single 15-16% fee with no separate guest fee.
How does Airbnb’s take rate compare to competitors?
Airbnb’s ~13.4% take rate is competitive: Booking.com charges hotels 15-18%, Expedia charges 12-15% plus advertising fees, and VRBO charges 5-8% to hosts plus guest fees. Uber’s take rate (22-28%) and DoorDash’s (15-20%) are significantly higher, reflecting different business models.

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