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How Does Airbnb Possible Take Over Of The Sharing Economy?

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“We used to live in a world were there people, private citizens, a world where there are businesses, and now we’re living in a world where people can become businesses in 60 seconds.” Brian Chesky, the CEO to company Airbnb, states his view about the inevitable take-over of the sharing economy. This kind of economy is one where people come together and collaborate in order to rent, borrow, or trade goods and services. Airbnb, a company under this sharing economy, was founded by Chesky, Joe Gebbia, and Nathan Blecharczyk. What came from a small company that started up by blowing air mattresses for guests in 2007, turned massive eight years later, to where more than 20 million hosts worldwide share their homes to guests. Dany Papineau is one of these hosts, and has created a website centered around Airbnb and secrets that he posts to help people become successful hosts and great guests. The video advertising Airbnb, as well as his website, was published on YouTube. The video, titled, “Airbnb: A Life Changing Story,” was published on Papineau’s YouTube page earlier this year, on January 28, 2015. …show more content…

The words that most represent the jargon regarding this topic are ‘people,’ ‘rent,’ and ‘hospitality.’ These three words are used most frequently to describe Airbnb, and how it’s changed the travel industry. They are used also in the mash-up of interviews with the Airbnb co-founder. During the ending sequence, the language is also much more casual. Papineau’s voice seems soft and soothing, and he tells his story and circumstance that led him to Airbnb. Paired with the way Papineau films, it seems as if the video is directed directly to the viewer. In regards to rhetorical devices, the ones clearly used were perspective (in the CEO’s and the host’s) and epigraphs (“If you can dream it, you can do it,” Walt

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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.

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The offers of accommodations via Airbnb are currently available in 192 Countries and in over 34,000 cities worldwide (O 'Toole, 2014). The valuation of Airbnb, the home-rental platform, is worth of $10 billion after it raised $450 million from private investment firm TPG in 2014 (Spector, Macmillan & Rusli, 2014). The type of business of Airbnb can be categorized to social networking service which focuses on the accommodation-rental service. The concept of Airbnb is actually a sharing economy which enables the customers to become the micro-entrepreneurs at the same time. Airbnb aims at not only providing the accommodation opportunities but also the experiences for people to interact with others all around the world and get to know how the local people live in a certain city and have some culture exchange experiences with international guests and hosts.

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Having a value of over $10 billion, Airbnb “exceeds that of well-established global hotel chains like Hyatt” (Hospitality Net). This proves that this online service is significantly surpassing these stable hotel chains that have been competing in the industry for over 60 years. Along with this, a recent report by HVS Consulting & Valuation found that “hotels lose approximately $450 million in direct revenues per year to AirBnb” (Orourke). Although Marriott International has been performing with a 45% increase in revenues from 2012 to 2016, Airbnb has definitely had an impact on the consumer perspective of traditional hotel rooms. In addition to this, hotels also lose over $108 million of food and beverage revenues as a result of guests not spending their money at the hotel’s restaurant.

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