4 ms·
Does that revenue figure include the percent paid to the hosts with each booking?
by benatkin 11y ago
Does that revenue figure include the percent paid to the hosts with each booking?
- adventured 11y agoTheir take is nowhere near $1 billion in annual revenue. It would imply they're taking a thousand dollars in sales or so per listing per year at this point. That would more than require every listing be sold out at all times.
- benatkin 11y agoSeems incidental to me that money is technically going to their bank account(s) while the payments are being processed.
- morgante 11y ago> It would imply they're taking a thousand dollars in sales or so per listing per year at this point. That would more than require every listing be sold out at all times. I don't follow. Their take is ~10%, so $1,000 of revenue for them requires $10,000 in annual bookings. If every listing is listed 100% of the time, that would imply an average rate of $27/night. (Highly unlikely.)
- rokhayakebe 11y agoActually, it is near $1B. Their gross is in the billions.
- rokhayakebe 11y agoRevenue, not bookings. These numbers (if correct) would represent 15% of bookings.