It could be another five years before Airbnb makes a profit while the the company is forecasting a loss of USD150m this year on revenue of around USD900m, which is triple the 2013 figures.

These are among the key points Airbnb reps are telling potential investors as the company attempts to raise a further USD1bn,  according to the Wall Street Journal.

If successful, this latest capital raising would value Airbnb, an online home rental marketplace, at USD24bn, more than the giant US hotel company Marriott.

The WSJ story also reveals that Airbnb’s revenue is expected to reach USD10bn by 2020, when it should become profitable with earnings of USD3bn before interest, taxes, depreciation and amortisation.

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