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Airbnb expects to generate $3.5 billion a year by 2020

Home rental unicorn Airbnb could be earning as much as $3.5 billion annually in the next three years, sources tell Forbes. Here are two extra tidbits from the report: • Airbnb spends shockingly little on overhead: no more than $300 million in total since it kicked up operations nine years ago. • Airbnb earned $100 … Continue reading “Airbnb expects to generate $3.5 billion a year by 2020”

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Home rental unicorn Airbnb could be earning as much as $3.5 billion annually in the next three years, sources tell Forbes. Here are two extra tidbits from the report:

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Airbnb spends shockingly little on overhead: no more than $300 million in total since it kicked up operations nine years ago.

• Airbnb earned $100 million in profit on $1.7 billion revenue last year. 

Read the full report here

About the author

Ruth Reader is a writer for Fast Company. She covers the intersection of health and technology.

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