Airbnb, Inc. operates a global platform connecting Hosts offering unique stays and experiences with guests seeking accommodations and activities. The company's core business model revolves around facilitating these connections, enabling Hosts to earn income and guests to find diverse travel options. Airbnb's primary revenue streams are derived from service fees charged to both Hosts and guests. The company has a significant market position in the travel and hospitality industry, with a competitive advantage stemming from its vast network of listings and its focus on authentic, community-based experiences. Airbnb's key markets span nearly every country and region globally. The competitive landscape includes online travel agencies, hotel chains, and property management companies.

• Employees: 6,907 (as of December 31, 2023)
• Geographic Footprint: Over 220 countries and regions
• Headquarters: San Francisco, California
• Founded: 2007
• Number of locations/facilities: Leased office facilities totaling approximately 1.4 million square feet in multiple locations
• Revenue: $9.9 billion (FY2023)
• Market Capitalization: Approximately $52.8 billion (as of June 30, 2023)
• Key Subsidiaries/Brands: HotelTonight

• CEO: Brian Chesky
• CFO: David E. Stephenson
• Chief Accounting Officer: David Bernstein

Key executives have extensive experience in technology and finance.

• Annual Revenue: $9.9 billion (FY2023)
• Net Income: $4.8 billion (FY2023)
• Market Cap: Approximately $52.8 billion (as of June 30, 2023)
• Total Assets: $20.6 billion (as of December 31, 2023)
• Employees: 6,907 (as of December 31, 2023)
• Key Financial Highlights: Revenue increased by 18% year-over-year, net income increased by 153% year-over-year, and Adjusted EBITDA increased by 26% year-over-year.

Airbnb's main offerings include:

• Stays: A diverse range of accommodations, including entire homes, private rooms, and unique spaces such as treehouses and castles.
• Experiences: Activities hosted by locals, ranging from cooking classes to guided tours.

These offerings allow guests to connect with communities in a more authentic way.

Airbnb operates as a single reportable segment. Revenue is derived from service fees charged to both Hosts and guests.

Airbnb's key strategic priorities include:

• Making hosting mainstream by growing the Host community and supporting diverse Host types.
• Expanding and engaging the guest community by attracting new guests and encouraging repeat bookings.
• Perfecting the core service through continuous product innovation and improvements.
• Expanding the global network by investing in under-penetrated international markets.

The company is focused on long-term growth and is investing in technology to enhance its platform and improve the user experience.

Airbnb operates in the highly competitive travel and hospitality industry. Key market trends include:

• Increased demand for unique and authentic travel experiences.
• Growth in the short-term rental market.
• Technological advancements in travel booking.

Major competitors include online travel agencies, hotel chains, and property management companies. Market share information is not explicitly provided in the 10-K filing.

• Market Risks: Fluctuations in demand due to macroeconomic conditions, competition, and changes in travel preferences.
• Operational Risks: Reliance on Hosts, potential for Host and guest misconduct, and challenges in managing international operations.
• Financial Risks: Exposure to foreign currency fluctuations, changes in tax laws, and potential for increased tax liabilities.
• Regulatory Risks: Compliance with various laws and regulations governing short-term rentals and home sharing businesses.
• Cybersecurity Risks: Risks related to data breaches, system failures, and unauthorized access to confidential information.