AIRBNB

Belong Anywhere
What is Airbnb?
Airbnb is a service that allows property owners
to rent out their spaces to travelers. People can rent our
private room for individual guests spaces for multiple
people to share or sometimes the entire property.

The company started in 2008, over 100 million people

have booked property rentals through Airbnb.
 How does it work?
Being A Guest
It's free to create an account on Airbnb. Airbnb has listing from over 190 countries and

34,000 cities. You can find places to rent based on where you want to go, when you want to

check-in and check-out, and how many guest will be staying

Being A Host
it's free to post a property for rent on Airbnb. Accurately describing a property and listing all

of amenities can help to match your space with the right guests.

Airbnb Community
Both hosts and guests can set up profiles on Airbnb, Host can tell about their preferences

and policies. Guests can tell others the kinds of things they like to do during their stay.
Is Airbnb Safe?
Of course, renting your properties to strangers always comes with a little
risk, utilizing a reputable site like Airbnb comes with certain guarantees. All
profiles are verified and if the host prefers, guests can be required to provide
government-issued IDs in order to make a booking.

Further, in the event of damage to a rental property, the Airbnb Host

Guarantee enables hosts to file a claim with Airbnb and collect up to
one million dollars in compensation.
Advantages for Guests and Hosts

1. Grate Range of Property

AIR
2. Full House Availability
3. Saves Money
4. User-Friendly

Disadvantages for Guests and Hosts BNB

BELONG ANYWHERE

1. You may not get what you see

2. Added Charges
3. Potential Damage
4. Isn't Legal Everywhere
 Airbnb has long dominated non-hotel accommodation bookings
yet there has tended to be a clear segmentation of guests who were
open to staying in a vacation rental and those who would only
consider a hotel stay. The Covid pandemic has altered that. Travelers'
concerns regarding social distancing in hotels have played to Airbnb's
favor.

Airbnb is set to become an even more mainstream option.

Airbnb is already a brand to be reckoned with - the amount of direct
traffic it attracts stands at an impressive 91%. Now, is doubling down
on its efforts to attract the business travel market - a major revenue
generator for hotels. To its advantage are safety concerns, lower
rates, and changes to workplace behavior. Airbnb sees an opportunity
to capitalize on the growing bleisure market with business travelers
tagging on a leisure break to the end of their visit.

With access to a huge marketing budget, Airbnb will be able to

THREAT
ensure it is front of mind for guests considering where to book their
next stay. This could cost hotels dearly as their share of the business
travel market dwindles.
 SUMMARY
Airbnb can be seen both as a threat and an opportunity
for the hospitality industry. It's a timely warning to hotels
that there's no room for complacency when it comes to
monitoring all competitors and responding to threats. With
access to a billion-dollar investment, there's no doubt
Airbnb's dominance will grow, attracting a greater share of
flight visitors and potentially winning all-important
business guests. Yet, for boutique hotels, there could be an
opportunity to increase visibility and win demand from
new markets.
 GROUP 7

Casupanan, Reign Christian

Gener, Angelu
Thank you!
Pilapil, Kim Lorraine
Sorial, Melly Antonette
Tanwangco, Charlotte D