ABNB
- Airbnb, Inc.
()
Overview
Company Summary
Airbnb, Inc. is an online marketplace and hospitality service company that operates on a "sharing economy" model. The company provides a platform that connects individuals who have unused space or accommodations with travelers who need a place to stay.
Through the Airbnb platform, homeowners, or hosts, can list a variety of spaces, such as entire homes, apartments, rooms, or even unique properties like treehouses or castles. Travelers can search for these listings based on their destination, travel dates, and preferences.
Hosts set their own listing prices and have control over availability, house rules, and other details. Guests can then book accommodations directly through the Airbnb website or mobile app. The platform allows for communication between hosts and guests, as well as secure payment processing.
Airbnb generates revenue by charging fees from both hosts and guests. Hosts pay a percentage fee on each booking, and guests pay a service fee based on the total reservation cost. In recent years, Airbnb has also expanded its services beyond accommodations to include Experiences and Adventures, which allow guests to book unique local activities and guided tours.
The company has grown significantly since its founding in 2008 and has established a global presence in almost every country. It has disrupted the traditional hotel industry by offering a wider range of accommodation options and often more affordable prices, giving travelers the opportunity to experience a destination like a local.