You are on page 1of 11

AirBnB

Book room with locals, rather than hotels


Problem
Customers booking trips online may be worried
about cost.
There are no straightforward options for booking a
stay with a local or becoming a host.
You are cut off from the city when you stay at a
hotel.
Solution
A web platform where users can
rent out their space to ost
travelers to
Save money
Contd
while travelling

Make money
while hosting

Share culture
local connection to the city
October
2007
Idea creation
August Timeline
2008
This is the timeline of Airbnb, a
Launched
AirBnB website that facilitates private housing
Aug 2008 rentals.
- to now
Received funding
and still growing
1.9 Billion
Trips Booked (worldwide) total

Market aailable market

size 532 M
Budget and
Online trips
10.6M
Trips with airbnb
Step 1
Search by
city

Product Step 2
Review
It's that easy. listings

Step 3
Book it
10.6M Trips with AirBnB
Business SHARE OF MARKET
model
We take a 10% $20 Averagae Fee
commission on each
Visualize the people who will turn to
transaction you for solutions.

$200M Revenue
Group travels
If you're travelling in a group, you're more likely to use Airbnb.
The company's platform allows users to book entire homes for
short-term stays. Unlike a hotel, where you may need to book
multiple rooms for your company, you may book a single
property for your entire group on Airbnb. In many
circumstances, the Airbnb experience will be superior. In
contrast to a hotel, if you hire a property with a pool, you
won't have to share it with anyone outside of your party.

Out of the way locations


Competitive The majority of hotels concentrate their services in tourist
Advantage hotspots. Consider the cities of Los Angeles, Paris, London,
and Miami. Hundreds of thousands of people wish to visit
these cities every year. Large markets are required for hotels
to justify the high expenses of construction. They usually
avoid rural areas that do not attract significant crowds of
tourists.
Long term stays
Airbnb is more likely to be chosen by people
looking for a place to stay for a prolonged
amount of time. When staying in a hotel for
more than a week, it is not very comfortable.
Few offer kitchens, laundry facilities, or other
amenities that become increasingly vital when
staying for an extended period of time. Guests
booking a room on Airbnb will frequently be
Competitive offered similar accommodations by the host.
Guests renting an entire home, condo, guest

Advantage house, or apartment can take advantage of


them.
Thank You

You might also like