By people, we mean its employees and its clients. In other words, it is a people-centric brand. That is because Airbnb ‘s business model is unique, profitable, and adapts to the customer needs.Īirbnb’s key resources are people. īesides, it is now the world’s most loved hospitality brand. Having received massive funding, it is now a part of the billion dollar club. The Rise of Airbnbįounded on August 1, 2008, the company grew as a tech masterpiece in a short time span. What’s more? Airbnb offers the widest variety of unique spaces globally for everyone at all price points. To get an idea of the company’s services penetration, get this: the platform has over 4,500,000 listings in over 65,000 cities in 191 countries. The travelers get two benefits: an affordable place to stay at and the chance to get a brush with a place’s culture. How Does Airbnb Work? A Guide to Its Business and Revenue Modelĭid you know that Airbnb started as a simple platform to offer mattresses and home-made breakfast? Today, it has revolutionized the way people travel.Īirbnb is an American online marketplace that connects travelers with those local inhabitants of a place who want to rent their property.
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