Airbnb Hosts have earned a total of $150 billion since 2010, including $60 billion in the U.S.
According to a press release, from January to September 2021, a typical U.S. Airbnb host earned a total income of more than $8,000. This income is valuable to many Americans as the U.S. Consumer Price Index rose 7% percent in December 2021.
Since the COVID-19 pandemic began, new Airbnb hosts have made more than $6 billion, with 50% of new hosts received a booking within three days of starting up, and 75% receiving a booking within eight days.
The pandemic has created a growing remote workforce leading to workers being able to live anywhere in relation to their jobs. This has led to an increase of travelers seeking airbnb accommodations upwards of 28 days or longer.
More than 100,000 cities worldwide had an Airbnb booking during the pandemic, with over 6,000 of those locations booking their first accommodation.
The company announced it has streamlined the onboarding process and added new features including the option to network with an Airbnb Superhost. Last year, the company introduced the AirCover feature, which provides free insurance to every host, including $1 million in damage protection and $1 million in liability coverage. AirCover also includes income loss protection, pet damage protection, deep cleaning protection and more.
Established in 2007 in San Francisco, Airbnb has since grown to include approximately 4 million hosts who have welcomed over 1 billion guest bookings to date in over 220 countries and regions.