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Stock impact report

Short-Term Rentals: Airbnb's Dominance and Booking's Gains in 1 Chart [Yahoo! Finance Canada]

Airbnb, Inc. - Class A (ABNB) 
and Expedia/Vrbo — wielded a commanding 71% of global market share in 2024, a huge leap since the pre-Covid era. Skift Research estimates that the global short-term rental revenue was $183 billion in 2024. That number excludes camping groups, RV and trailer parks. In 2019, prior to the pandemic, Airbnb, Booking.com and Expedia/Vrbo collectively accounted for just 53% of global short-term rental revenue, according to Skift Research. [See the chart below.] Takeaways 2019-2024 In that period, Airbnb was the largest mover, increasing its global share of short-term rental revenue from 28% in 2019 to 44% in 2024. Booking.com, which has been focusing on growing its alternative accommodation listings, saw its share grow from 14% to 18% in the 2019-2024 period while Expedia/Vrbo's shrank from 11% to 9%. Much of Vrbo's drop came from a tech re-platforming and a softening of marketing because of that disruption in the 2022-2023 span. The long-tail of smaller online travel agencies, i Show less Read more
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