From the Los Angeles Times, June 11, 2015
While the company touts “home sharing” — the spare-room rental — in its advertising and political campaigns, nearly two-thirds of listings in L.A. and other big markets are for whole units, according to a recent study by the Los Angeles Alliance for a New Economy, a labor-backed think tank. Those units generate 89% of the company’s revenue in Los Angeles, the organization estimates.
The company charges a 9% to 15% fee on each listing, making bigger rentals a lot more profitable. On a $360-per-night three-bedroom apartment in Venice, for instance, Airbnb’s cut on a two-night stay in June would be more than $100. Rent the same dates in a $95-per-night spare bedroom nearby, and the company collects just $29.