ipl-logo

Airbnb Case Study

1040 Words5 Pages

Airbnb has growing competitors
Airbnb is a vacation rental site, which serves as an online market place for property owners. The company is headquartered in San Francisco, California. Started in the year 2008, the company has managed to establish its presence in 191 countries and 34,000 cities across the globe. The company has 2 million listing on its website.
The business model of Airbnb is popularly referred to as sharing economy or gig economy. The company model claims that it helps in mobilizing local economy and make money from unused property.
Though Airbnb’s model was completely new at the time of its launch there were certain services which bear minor resemblances to the former like couch surfing.
The success of the company stands …show more content…

The cost and other financial aspects of the deal were not disclosed.
Wimdu claims to have 300,000 listing and 9flats stated that it has 250,000 listing globally both of them merged together will have 500,000 listing however it does not match airbnb’s 2 million listings.
Wimdu is previously was in search of a buyer in the fire sale. The company burnt through the 90 million dollars it raised in the year 2011. Airbnb raised around 3.38 billion dollar during the same period.
9flats will be heading the merged companies under CEO Roman Bach. Bach was the head of business development and marketing before taking over as CEO from the founder of the company Stephan Uhrenbacher.
He stated that the merger will be beneficial to the company as it will help them build the largest force in online accommodation industry. It will provide the guests and hosts higher value propositions, long-term growth and acceleration.
While competitors have to battle against a strong force like Airbnb they also need to handle the ever changing regulatory issues. Countries and governments are still not in terms with the sharing economy and each city and state has been coming up with its set of rules making it really difficult for online accommodation …show more content…

3. Homeaway
The only online market place of vacation rentals that comes close to Airbnb in terms of size and business is Homeaway. It operates in similar fashion to Airbnb and has 1 million listing it does not charge guest for booking through their site and also has its own brand of insurance.
4.VRBO
This site is owned by the above mentioned Homeaway and is present in 100 countries and has 800,000 listings in it. It containes lot of full sized vacation homes thus giving space for your grandparents pets or grandkids.
5.Roomorama
This is another popular site operating in the same lines of Airbnb, it ensures safety of the guests by verifying proper ID and the company also has a unique payment system which will provide the guest with a six digit code while booking a room to ensure that the listing is by the house owner and also keeps scammers away.
6.Onefinestay
This site does its best to check whether the place you stay is comfortable enough to maintain the company staff personally asses the properties that are being listed on their site and them allow them on their site. This ensures good quality

Show More
Related
348 Words | 2 Pages

His prime example of the success that the company will get are the millions of dollars

Read More
716 Words | 3 Pages

On Sunday 01/28/2018 at approximately 0146 I Officer A. Rodriguez #217 was dispatched to Momentum Village apartment #10106 (located at 7037 Islander Way Corpus Christi, Texas 78412 which is a part of Texas A&M University-Corpus Christi) about an individual that was in apartment 10106 D not a roommate or an invited guest. Upon arrival I activated body camera #3 and knock on the door. An individual by the name of Christopher Potter (student/resident/reporting party) answered the door stating that he heard noise coming from his roommate 's room which is out of town. Potter had called his roommate (later identified as Michael Westerdale (student/resident) via phone to check if it was him which Westerdale told him no and that no one was allowed in his room. Potter stated that there is an individual in

Read More
1450 Words | 6 Pages

And achieve as a result, the growth for its brand, market share, and sales

Read More
567 Words | 3 Pages

Page 1: Greater Burlingame, CA & The Bay Area, property management - http://www.propertymanagersburlingame.com/property_management.html When it comes to managing a property in Burlingame, CA, it's a good idea to find an experienced property management firm to help you take care of all of the details. At Golden Pacific Property Services, we offer a wide range of management services designed to meet the individual needs of our valued clients. Whether you own a single rental home or a large office complex, you can count on us to provide fast, friendly, and affordable service. When you contact us for help with your property, we'll take the time to learn about your specific goals for your property. We'll also be happy to answer any questions or concerns you may have.

Read More
844 Words | 4 Pages

This trend does not only appear for accommodation but for other industry such as Uber for the taxi industry. From this, one could see that this trend would stay and not be like a one-hit wonder. With the expansion of Airbnb and similar service on the rise, the supply of accommodation would increase and consumers would have a larger variety of choice, and even with the increase of tourist occupancy rate might stay stagnate or grow slowly because of it. Instead of alienating it, Accor should adopt it and expand its market to attract consumers back (Rauch, R,

Read More
206 Words | 1 Pages

(American company financing startups) with an additional $20,000 in funding. At this time Airbed & Breakfast becomes Airbnb. They received $600k from Sequoia Capital and Y Ventures (specializing in incubation and financing of innovative companies). In 2010, Airbnb perceives $7.2 million Series A (A Series A round is the name typically given to a company's first significant round of venture capital financing ) Back in

Read More
1184 Words | 5 Pages

The company has also gained a strong brand image, because of its uniqueness as a

Read More
1476 Words | 6 Pages

The business is highly customer-focussed that seeks to provide excellent products and services that deliver enjoyment and value-for-money. They desire to develop within a considerate culture that combines autonomy and accountability while maintaining the strong focus on profitability. The company has been in existence with high rate growth being registered as

Read More
1037 Words | 5 Pages

CASE JOURNAL-ROSEWOOD HOTEL& RESORTS Rosewood’s management is on the right track to increasing brand awareness among its customers by pursuing the corporate branding strategy. Implementation of the corporate branding strategy not only increases the number of repeat visitors to the hotels, but also increases the gross profits made by the company by $2,599,000. Corporate branding has a positive impact on the customer lifetime value as well. Rosewood Hotels & Resorts is a privately owned hotel management company that is known for its unique properties like The Carlyle and the Mansion on Turtle Creek that differentiates the company from other luxury hotel competitors.

Read More
1512 Words | 7 Pages

Introduction - If you’re an aspiring Airbnb host, it is of paramount importance that you ensure all your renters are comfortable in their temporary lodgings. That means making sure the listed property is warm, secure, and, above all else, clean. Keeping your rental property clean can be a difficult task, especially as some travelers can be a tad more careless than others, but it must be done if you are to satisfy clients and maintain a good reputation on Airbnb. In order to help you keep your tenants comfortable for the duration of their stay, I have prepared this list of some of my top tips for maintaining a tidy Airbnb space.

Read More
506 Words | 3 Pages

Porter’s Five Forces Porter’s Five Forces framework is to identify the level of competition within the industry and to determine the strengths or weaknesses which can utilise to strengthen the position. The framework consist of five elements: threat of entry, bargaining power of supplier, bargaining power of buyer, threat of substitutes and industry rivalry. Forces Analysis Implication Threat of new entrant Low Threat Diversified of product There are high demand of furniture and electrical appliance.

Read More
2869 Words | 12 Pages

Investment Banking Report “Mergers and Acquisitions” Student Names and Numbers Despo Michaelidou - Ioanna Panayiotou - Mikaella Savva - 20140213 Katerina…. Svetlana…. Introduction Back in 2006, a merger & acquisition agreement between two well-known companies set the basis for the continuation of the evolution in the animation industry. Being partners for more than a decade, Disney and Pixar eventually merged, after a number of unsuccessful attempts.

Read More
1609 Words | 7 Pages

1. Introduction of Airbnb Airbnb is an online platform where people can list and book their accommodations all around the world. It is founded by Nathan Blecharczyk, Brian Chesky and Joe Gebbia in the year of 2008 in California. The types of accommodations offered in Airbnb vary from an apartment, a villa, a castle to even a tree house.

Read More
707 Words | 3 Pages

This ensures quality of product and “smooth” running of the

Read More
1052 Words | 5 Pages

The hospitality industry is composed of company which focus on customer satisfaction namely, restaurants, retail or accommodation. One particular sector of the hospitality industry is the hotel sector. A hotel is an establishment that provides meals, accommodation and a myriad of services to tourists and travellers such as excursions, spa therapy, business and wedding events. The hotel sector relies wholly on customer satisfaction, disposable income and leisure time. Many other businesses in the hospitality industry are linked with hotels such as, airlines, cruise ships and restaurants.

Read More

More about Airbnb Case Study

Related Topics

Open Document