Technology
Mapped: A Snapshot of the Airbnb Landscape in Three Megacities
Visualizing the Airbnb Landscape in Three Megacities
Since its inception in 2008, Airbnb has grown into one of the most popular travel and short-term accommodation apps on the market.
In 2021 alone, there were more than 300 million bookings (for both accommodation and experiences) made through the app.
To visualize just how massive the Airbnb landscape has become in major cities, this graphic by Preyash Shah shows every single listing in New York, London, and Paris.
About the Data
To make this graphic, Shah used September 2022 data from insideairbnb.com, a website that pulls data directly from the Airbnb app. Once collected, the raw data was then cleaned to include active listings only fitting a few key parameters:
- Any listing that did not have a review in 2022 was removed
- The most expensive listings were individually checked to ensure the listing price matched the actual historical price and removed if there was a major discrepancy. This is due to inactive listings that are extremely marked up instead of de-listed
After scrubbing the data, each city’s immediate metro area was left with roughly 20,000 listings.
As the data shows, a majority of these listings were for entire apartments. Paris had the biggest share, with about 85% of listings for entire apartments rather than private or shared rooms.
This is especially interesting considering that Paris has extremely strict regulations around short-term rentals and Airbnb usage, one being that an Airbnb rental must be someone’s primary residence.
Airbnb’s Beginnings
Two co-founders of Airbnb include Brian Chesky and Joe Gebbia, two roommates in San Francisco.
In an act of desperation, they decided to set up and rent out a few air mattresses on the floor of their apartment to help pay their rent. Free breakfast was included with the stay, and after getting $80 a night for each mattress, Chesky and Gebbia knew they were onto something.
Yet, while Airbnb has shown great success over the last decade, it’s received its fair share of criticism from skeptics. Because of concerns over housing supply and price gouging, many cities have put restrictions around the use of Airbnb, or even outright banned the platform.
Like other technology companies, Airbnb has had a challenging year in the stock market. Once valued at $113 billion in 2021, the company is currently sitting closer to a $60 billion market capitalization today.
This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.
Technology
All of the Grants Given by the U.S. CHIPS Act
Intel, TSMC, and more have received billions in subsidies from the U.S. CHIPS Act in 2024.
All of the Grants Given by the U.S. CHIPS Act
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
This visualization shows which companies are receiving grants from the U.S. CHIPS Act, as of April 25, 2024. The CHIPS Act is a federal statute signed into law by President Joe Biden that authorizes $280 billion in new funding to boost domestic research and manufacturing of semiconductors.
The grant amounts visualized in this graphic are intended to accelerate the production of semiconductor fabrication plants (fabs) across the United States.
Data and Company Highlights
The figures we used to create this graphic were collected from a variety of public news sources. The Semiconductor Industry Association (SIA) also maintains a tracker for CHIPS Act recipients, though at the time of writing it does not have the latest details for Micron.
Company | Federal Grant Amount | Anticipated Investment From Company |
---|---|---|
🇺🇸 Intel | $8,500,000,000 | $100,000,000,000 |
🇹🇼 TSMC | $6,600,000,000 | $65,000,000,000 |
🇰🇷 Samsung | $6,400,000,000 | $45,000,000,000 |
🇺🇸 Micron | $6,100,000,000 | $50,000,000,000 |
🇺🇸 GlobalFoundries | $1,500,000,000 | $12,000,000,000 |
🇺🇸 Microchip | $162,000,000 | N/A |
🇬🇧 BAE Systems | $35,000,000 | N/A |
BAE Systems was not included in the graphic due to size limitations
Intel’s Massive Plans
Intel is receiving the largest share of the pie, with $8.5 billion in grants (plus an additional $11 billion in government loans). This grant accounts for 22% of the CHIPS Act’s total subsidies for chip production.
From Intel’s side, the company is expected to invest $100 billion to construct new fabs in Arizona and Ohio, while modernizing and/or expanding existing fabs in Oregon and New Mexico. Intel could also claim another $25 billion in credits through the U.S. Treasury Department’s Investment Tax Credit.
TSMC Expands its U.S. Presence
TSMC, the world’s largest semiconductor foundry company, is receiving a hefty $6.6 billion to construct a new chip plant with three fabs in Arizona. The Taiwanese chipmaker is expected to invest $65 billion into the project.
The plant’s first fab will be up and running in the first half of 2025, leveraging 4 nm (nanometer) technology. According to TrendForce, the other fabs will produce chips on more advanced 3 nm and 2 nm processes.
The Latest Grant Goes to Micron
Micron, the only U.S.-based manufacturer of memory chips, is set to receive $6.1 billion in grants to support its plans of investing $50 billion through 2030. This investment will be used to construct new fabs in Idaho and New York.
-
Technology6 days ago
All of the Grants Given by the U.S. CHIPS Act
-
Uranium2 weeks ago
The World’s Biggest Nuclear Energy Producers
-
Education2 weeks ago
How Hard Is It to Get Into an Ivy League School?
-
Debt2 weeks ago
How Debt-to-GDP Ratios Have Changed Since 2000
-
Sports2 weeks ago
The Highest Earning Athletes in Seven Professional Sports
-
Science2 weeks ago
Visualizing the Average Lifespans of Mammals
-
Brands1 week ago
How Tech Logos Have Evolved Over Time
-
Energy1 week ago
Ranked: The Top 10 EV Battery Manufacturers in 2023