Airbnb reported record industry-wide growth for the first quarter of 2022, and the final numbers show that AirDNA’s estimates were more accurate than Wall Street’s.

AirDNA Data Accuracy is Right on the Money According to New Airbnb Report

Data accuracy is the bedrock of AirDNA. Everything we do relies upon this foundation, which is why we take pride in ensuring our projections exceed the smallest-possible margins of error.

For this reason, it’s exciting whenever Airbnb—a publicly traded company since 2020—can validate our data accuracy with a new quarterly report.

Also exciting: Airbnb reported record industry-wide growth for the first quarter of 2022, indicating that many short-term rental (STR) sectors have recovered from pandemic-era slumps.

Below, we outline the facts from Airbnb’s report and how our projections stacked up against Wall Street’s. (Spoiler warning: We were more accurate.)

AirDNA estimate: 102.04 million (-0.06% difference)

Wall Street estimate: 100.87 million (-1.2% difference)

AirDNA estimate: $17 billion (-1.16% difference)

Wall Street estimate: $16.5 billion (-4.07% difference)

AirDNA estimate: $1.52 billion (+0.66% difference)

Wall Street estimate: $1.45 billion (-3.97% difference)

Our current forecasting for Q2 2022 is also closely aligned with Airbnb’s own estimates.

Airbnb estimate: $2.03 billion to $2.13 billion

Here are a few other interesting findings from the report compared with our estimates.

Average daily rates (ADR) came in at an average of $168 during Q1 2022. This represents increases of 37% and 5% from Q1 2019 and Q1 2021, respectively. Our prediction was that ADRs would hit $167.40 for the quarter, an increase of 4.6% versus 2019.


As of March 31, 2022, Airbnb tallied over 6 million active listings. We reported 6.1 million active listings as of April 2022.


Airbnb expects ADRs to be flat in Q2 2022 versus the same period last year. This compares to our pacing estimate of -1%.

“The first quarter of 2022 was another record quarter for Airbnb,” Airbnb CEO Brian Chesky said in the report. “Guests are continuing to travel domestically and to rural destinations, and now, guests are also returning to cities and crossing borders at or above pre-pandemic levels. Airbnb is stronger than ever before.”

The report also noted: “Destinations with the strongest demand are showing the most supply growth, with non-urban active listings growing 21% in North America and 15% globally, compared to Q1 2021. And as demand returns to cities, we are also seeing a return to growth in total urban supply.”

Read our latest Market Reviews for more in-depth insights on the current state of the American and European STR markets.

If you’re a new or long-time Airbnb host, learn how our MarketMinder intelligence platform can help you smartly price and scale your STR business.

Or if you’re a professional seeking a deeper understanding of how STRs are impacting your market (or any other market on earth, for that matter), learn how our enterprise solutions can fuel your future success. We offer custom solutions for academics, hedge funds, vacation rental property managers, real estate groups, and destination marketing organizations (DMOs).

New Airbnb report record industry-wide growth for the first quarter of 2022, and the final numbers show that AirDNA’s estimates were more accurate than Wall Street’s.

AirDNA Data Accuracy is Right on the Money According to New Airbnb Report

ARTICLE SUMMARY

Trusted Data to Stay Ahead