Airbnb: Protecting their customers Case Analysis Executive Summary This case presents the business analysis of Airbnb. Airbnb is an online marketplace where home owners and would-be bed-and-breakfast owners can turn vacant rooms into nightly rentals‚ transforming any house into a possible hotel. With the online interfacing‚ potential guests can log on and search for available rooms. Airbnb was founded in 2007 and quickly grew to a $1 billion company by July 2011. The company created an online
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on short term renting platform for example Airbnb. According to Ken Tong‚ 48‚ a host on Airbnb‚ this law “ only ban the host from renting a whole unit instead of rooms.” because people of Berlin are suffering from limited supply of rental property. Even though Airbnb have users from more than 34‚000 cities and 190 countries‚ many cities for example Barcelona‚ London‚ San Francisco or the New York City has similar regulations and restrictions. Airbnb is a fairly new concept and it’s still not as
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-What could Airbnb have done to avoid the “EJ” incident? What about the aftermath? Airbnb could have implemented a better protection against such incident like “EJ”. They could‚ (1). Require more complete profiles about the hosts and renters‚ (2). Prescreen hosts and guests‚ (3). Provide insurance for hosts and renters‚ (4). Be less restrictive on hosts when they reject unsuitable renters‚ (5). Differentiate price charged based on guest’s ratings‚ (6). Present more sophisticated consumer reviews
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Airbnb started from humble beginnings in San Francisco almost 10 years ago and can now be found in over 65‚000 cities and 191 countries‚ providing unique travel accommodations and experiences in any various price ranges (Founders‚ 2018). The scope of operations and consumer popularity has increased dramatically over the last ten years and is poised to continue doing so in the years to come. The Airbnb upstart has been looked upon has a potential threat
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INTRODUCTION Airbnb‚ founded during the economic downturn of 2008‚ is one of many innovative businesses operating within the growing shared economy. Airbnb offers an alternative to the traditional hotel business and allows property owners‚ termed “hosts‚” to advertise and rent their extra space‚ be it a spare room‚ apartment or treehouse. “Guests” search through the Airbnb website‚ read reviews and connect with hosts to find less conventional and‚ often more‚ affordable lodging. Key to Airbnb’s
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Introduction Airbnb‚ world’s largest accommodation provider‚ owns on real estate. It is one of the perfect example for the uprising “sharing economy”. It has over 1‚500‚000 listings in 34‚000 cities and 190 countries. Founded in August 2008 and headquartered in San Francisco‚ California‚ the company is privately owned and operated by Airbnb‚ Inc. A guest seeking to rent a room or a property on Airbnb can enter the desired destination and dates‚ then view a variety of options including property type
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In my opinion‚ the #sharingeconomy has been a happy accident for a generation (OUR generation) that often prioritizes internet connection over an intimate conversation. Airbnb has made any house feel like a "home"‚ Task Rabbit has introduced a new meaning to the phrase "help your neighbor" and Uber has redefined the way we stumble home after a night out. One evening‚ I slipped into an #uber and ended up sharing with two strangers: a city banker and a girl who works for #tiffanysandco. In typical
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that the Airbnb regulation can have a negative impact on homeowners‚ travelers and the community alike. The supporters of the Airbnb claim that the ordinance will add more taxes and fees which may affect the income of thousands of homeowners who have a chance to make some extra money through short-term rentals (2). For many hosts‚ the money from Airbnb is the single source of income so it helps them to make their family budget. In addition‚ homeowners who rent their homes through Airbnb call the
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With Airbnb‚ people can rent a private/shared room‚ a flat or even an entire house all around the year. They earn a lot of money from areas that are situated in popular tourist attractions‚ which is recently resulting in property owners to back off from long term rental market and move toward buying those property to get into Airbnb market. Barcelona‚ New York and Amsterdam are some of the cities which have already started strictly controlling or even banning areas in which Airbnb can operate. This
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AirBnB – Case background AirBnB is a website that was founded in 2007 by Joe Gebbia‚ Brian Chesky‚ and Nathan Blecharczyk. AirBnB’s story begins in the living room of Joe and Brian’s San Francisco loft in 2008. The name AirBnB stands for “Air bed and breakfast”. AirBnB is a community marketplace that allows property owners and travelers to connect with each other for the purpose of renting unique vacation spaces around the world. It is an alternative to a hotel giving the user a more fun‚ cheaper
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