If you are looking forward to starting a business similar to Airbnb, it is important to understand in and out of their business. We, at iTechNotion, can do the rest for you. Go through our insightful study on the business giant and figure out what exactly do you want us to do for you.
One of the most modern and unique ideas, Airbnb is an accommodation sharing site that allows individuals to rent out their property or any kind of extra space to the guests who are mostly travelers. The properties are available with different criteria like one with a swimming pool, an attached kitchen, near the main market to a room that is shared or an entire property. Airbnb charges 3% of the booking value as a commission from the host and anything between 6% and 12% from the guests who check-in.
Initiated in the year 2009, the company has grown from helping 21000 guests a year to six million a year find a suitable holiday accommodation. The company now boasts of 800,000 properties that are spread around 34000 cities and 90 countries. The financial factor is the basic factor that helps this business grow. While the guests can get a good accommodation at a reasonable price, the host can take advantage of any extra space they have.
There is no denying the fact that Airbnb is a tremendous way of finding the right accommodation while on a holiday. But it is always good to be aware of the different options that are available. If you have any reason to check out the alternatives, here is a comprehensive list.
Almost 10 years into the industry, Airbnb has already spread wings in several places. The top seven countries that have Airbnb are Brazil, Germany, United Kingdom, Spain, Italy, France, and United States of America.
Airbnb was recently launched in India and its listings have grown by 115% in the last year in the country. Since India is among the fastest growing economies around the world with a growing number of middle class families who wish to travel, India remains one of the top markets for the brand.
Airbnb is a free app for Android users by Airbnb Inc. The application is actually a community of authentic and trustworthy users who list their extra space or accommodation either on the app or online.
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