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Airbnb, the San Francisco-based alternative accommodations platform that got its start in 2008, is worth a lot of money. About $30 billion worth according to those who have decided to invest at that valuation.
Having closed its most recent funding round, which it began in February, the company added at least another $555 million in funding from 27 entities. Most of that $555 million came from Google Capital, according to a Fortune article.
In total, it’s estimated Airbnb may amass up to $850 million in funding from this round. It remains the most well-funded travel startup today.
With a valuation of $30 billion, the private company is worth nearly $7 billion more than the next most valuable hospitality company, publicly traded Hilton Worldwide, which has a market cap of $23.33 billion. By comparison, Airbnb is almost worth more than Hilton and Hyatt ($6.87 billion) combined ($30.2 billion).
Airbnb currently has more than 2 million listings in more than 191 countries around the world. By comparison, the newly combined Marriott and Starwood has 1.1 million rooms in 110 countries worldwide.
For a clearer insight into how Airbnb stacks up in comparison to some of the biggest hospitality companies, you can take a look at the table below:
Airbnb’s Valuation Versus Hotel Chain Market Caps
|Hospitality Company||Valuation/Market Cap|
|Choice Hotels International||$2.64 billion|
|Hilton Worldwide||$23.33 billion|
|Hyatt Hotels Corp.||$6.87 billion|
|InterContinental Hotels Group||$8.29 billion|
|Marriott International||$17.8 billion|
|Wyndham Worldwide||$7.56 billion|
Source: Google Finance