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Airbnb’s Dublin Hub Cashes In: Profits Surge 24% as Global Travel Booms

Airbnb’s European headquarters in Dublin just wrapped up a standout year, posting a 24% jump in operating profits to $151 million (€130 million) for 2024. The Irish unit, which manages Airbnb’s business outside the U.S., saw revenue climb 15% to $5.85 billion (€5.07 billion), driven by strong travel demand across international markets.

Net profits reached $110.7 million (€95.9 million), with Airbnb Ireland paying roughly $26 million (€22.8 million) in corporation tax. The Dublin-based team employs nearly 400 people, with wage costs totaling about $43.5 million.

Globally, Airbnb’s momentum shows no signs of slowing. The San Francisco parent company recently reported a strong third quarter, lifted by record bookings in Latin America and the Asia-Pacific region. Gross bookings jumped 14% to $22.9 billion (€19.8 billion), while quarterly revenue hit $4.1 billion (€3.5 billion), up nearly 10% year-on-year.

Much of the growth came from Airbnb’s expansion markets, where bookings are now rising twice as fast as in its core regions — including the U.S., UK, France, and Australia. Brazil’s new interest-free payment plan fueled demand in Latin America, while Japan saw a 27% jump in domestic bookings and India logged a massive 50% surge in first-time users.

Even in North America, where the market has matured, Airbnb managed modest gains thanks to its “Reserve Now, Pay Later” feature, encouraging travelers to plan trips earlier.

The company has also been branching out beyond accommodation, introducing a new “services” category offering extras like catering, photography sessions, and spa treatments — turning stays into more complete experiences.

With Europe still a powerhouse for Airbnb’s global operations, the success of its Dublin base highlights how international travel — and smart regional strategy — continues to fuel the platform’s rapid growth.

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