Preview

Airbnb

Powerful Essays
Open Document
Open Document
1200 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Airbnb
1. Introduction
The 2000s have developed an era of collaborative consumption, which is to increase the use of a good or service sharing, exchange, sale or lease of it. Last affected by this phenomenon: housing and tourism. We all heard about "couchsurfing" or "exchange of apartments or houses" and the society swears today more than Airbnb.
The concept proposed by this site meets a real demand: it is to link individuals who want to rent their homes to supplement their ends with travelers seeking accommodation at lower prices. No wonder that this start-up in Silicon Valley has attracted over 4 million users in 192 countries worldwide.
As I read through the case; I realize that Airbnb did not respond in a good way. However, how they reacted in the long-run was very smart. Indeed, they apologized and promised to strengthened their security for the safety of each customer.

2. Airbnb
Four million passengers have already tested the concept . The ads make the visitors dream : Prices also are attractive: 100 euros per night for a three - bedroom duplex terrace overlooking the Eiffel Tower. Cheaper than a room in a small hotel next door. Select, contact, and book: three clicks, it is done . " We owe our success to our business model : the ad is free , we only take a commission at the time of the transaction ," said Nicolas Ferrary . 3% paid by the host, 6 to 12% by the traveler. In crisis, Airbnb democratizes tourist rental . " We rent our three-piece 750 euros per week , enough to pay a part of the holiday ," explained Isabelle and Quentin . Like them, 35,000 "guests" in France - 15 000 Paris supplement their income by renting their couch , their guest room, their apartment or house. However, the site is sometimes more than just extra income. (Airbnb, 2013).

3. Social Media
Besides operating a host of social media channels, including Facebook, with 247,000 likes, Twitter, with over 140,000 followers, YouTube, with over 3,400 subscribers, and a company

You May Also Find These Documents Helpful

  • Good Essays

    The service we provide is to offer rented accommodation in the form of flats, houses and bungalows as well as various “supported housing” schemes including two shelters for people facing homelessness and various retirement living projects.…

    • 1781 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Lastly, some people will argue 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 city has numerous ordinances to protect its residents. For example, the city of Chicago has noise, trash, parking, occupancy ordinances, and these rules only need to be enforced for all properties. Also, Airbnb operators show that their guests support local business by staying in areas, with significant spending they generated a great economic impact in Chicago, and a large number of visitors can animate the city, so it will not seems like ghost town when Chicago’tourist traffic is low (1).…

    • 319 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Rent

    • 520 Words
    • 2 Pages

    A few weeks ago, I went to see the musical Rent written by Jonathon Larson. The musical has been re made many times as it is a very popular musical. This re make was directed by Pierre Jacques-Brauit. While on my way to Cuyahoga Community College-Western campus, I became extremely enthusiastic as I had high expectations of the performance. However, after watching the two and a half hour production, I was utterly disappointed. Although the musical had some great aspects, such as the live band, cool effects, and great stage lighting, it could have been more organized.…

    • 520 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Rent

    • 663 Words
    • 3 Pages

    I watched the live production of “RENT”. The biggest issue in the musical “RENT” was that, everyone was poor, and HIV positive, and was struggling to survive in Alphabet City in Manhattan, New York. They were all young musical artist. The musical “RENT” showed how times can be hard for people, and some don’t notice due to the fact that they have everything they need in life, like money. One of the characters in the musical use to be a part of the group and then later on forgot his morals and where he started from I definitely think that was a big point of attack.…

    • 663 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Trend Report - Uber

    • 2819 Words
    • 9 Pages

    References: Botsman, R., & Rogers, R. (2010). What 's mine is yours: The rise of collaborative consumption. New York: HarperBusiness.…

    • 2819 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    AirBnb Case Study

    • 1309 Words
    • 6 Pages

    companies like Airbnb this model is changing and essentially anyone can make their own home…

    • 1309 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The Nomad Micro-Home

    • 1560 Words
    • 7 Pages

    The Open University, (2014) Block 1 unit 3: Innovation: designing for change, T317 [online], available at https://learn2.open.ac.uk/mod/oucontent/view.php?id=547883§ion=2.1.3 (Accessed 04/11/14)…

    • 1560 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Lodging

    • 1103 Words
    • 5 Pages

    People traveling to India to visit the country’s cultural and historical centers are likely to be attracted by __________ factors affecting their decisions to travel.…

    • 1103 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Caged Bird Sings Power

    • 1854 Words
    • 8 Pages

    During his childhood, he often isolated himself to work on programming computer games and other applications. He was so interested in computers that his parents hired him a computer tutor, but soon it was discovered that he was a prodigy with computers. Over the course of the years, Mark continued creating different games, applications, and other programs until he dropped out of Harvard University to work on Facebook. He was described by Facebook COO Sheryl Sandberg as “...shy and introverted and...often does not seem very warm to people who don’t know him,” however he proved to the world that being introverted is powerful. He spent many hours by himself gaining knowledge and studying the social interactions of the world. As a result of his hard work, Facebook was created. Facebook changes the way people communicated; it allows easy and fast communication among the younger and older generations separated by miles of water and land. It also allows people to play games, catch up on news, and advertise their business/products/services all in one place. Zuckerberg is also making other changes in the world by donating millions of dollars to hospitals and research foundations. His contributions to the world has become his greatest achievements as a result of being an…

    • 1854 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Airbnb creative director

    • 788 Words
    • 4 Pages

    Airbnb is known for several reasons as a creative organisation. First of all it invented the concept ‘peer-to-peer accommodation’, so the base of the organisation is already creative (Guttentag, 2013). Then the company worked out its idea in a personal and refreshing way, which is easily found back in the webpage design. For example Airbnb wants to provide their guests a social experience instead of a search experience at their website (Kuang, 2012). Next Airbnb distinguishes itself from similar peer-to-peer accommodation companies by providing professional photographs of the houses, taken by their own team of professional photographers. (Airbnb, 2013c). Besides this, co-founder Brian Chesky is even literally living on Airbnb, purely to discover negative user experiences. (Rapp, 2011). We think this is a very creative way to discover the dissatisfiers of a company.…

    • 788 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Airbnb Case Analyses

    • 758 Words
    • 4 Pages

    Instead of being reluctant to comment on the “EJ” incident, Airbnb should have responded much more quickly to the public after the “EJ” incident; apologize via the media to the host “EJ”, announce proper solution to such problems and publish improvements over such safety issues.…

    • 758 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Case Analysis: Tripadvisor

    • 1436 Words
    • 6 Pages

    TripAdvisor was formed in 2000 out of the personal frustration of three people who were unable to find unbiased information on the internet regarding hotels and users’ accommodation experiences. Out of the frustration, Kaufer and his cohort set out to amalgamate users’ experiences about their travels on one site, and thus TripAdvisor was born. It is now one of the most sought-after sites for anyone who is planning a vacation, with listings of over 400,000 hotels, 90,000 attractions, and 70,000 destinations. With such a wide portfolio, it is beneficial to understand the reasons and motivations behind the company’s appeal to customers and why customers spend their time to leave reviews after their travels to the various destinations. An investigation of their success journey and the continued appeal from consumers can assist other companies to rethink how user-generated content can be effectively applied in revenue-generating activities, plus how companies can positively influence the choice making satisfaction. More so, roles are evolving and no longer are customers just passive consumers of advertisements put out by advertisers. It is not any more the prerogative of the ad agency or their…

    • 1436 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Airbnb Case

    • 973 Words
    • 3 Pages

    There are several key issues that Airbnb faces throughout the case. The biggest key issue that the company faces is maintaining the trust of their market participants, both hosts and guests. It became hard for hosts to trust who they were renting their room, apartment, or house to after several previous hosts had their places destroyed and valuable items stolen. It also became hard for guests to trust the room that they were renting after several previous guests were unhappy and mislead by the host. Both resulted in the reputation of Airbnb to significantly decrease and they began to lose customers fast. The other key issue that Airbnb faces is their online reputation system. There is a lot of missing information in their online system that makes for worried and discomforted customers. Users on the Airbnb site would have incomplete profiles, some with even only a first name. The company also had a weak consumer review system and it lacked common features. In their system they even penalized hosts that turned down reservation requests for a posted room by making that host appear lower in the search results. This makes no sense as a host should be able to reject a guest’s request if he or she feels uncomfortable with that guest without a penalty. In addition, the company’s online system did not prescreen hosts or guests at all and they don’t provide insurance for hosts or guests. There are a lot of key issues that Airbnb faces in this case, critical decisions need to be made immediately to build up the company’s reputation and regain people’s trust.…

    • 973 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    This document reviews the existing online channels used in the promotion of The Bath Pub, and outlines a digital marketing strategy to be implemented from June 2013 through until June 2014.…

    • 2803 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Airbnb Market Analysis

    • 1560 Words
    • 7 Pages

    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 (single room to entire house), general location, other property features and characteristics, price and availability.…

    • 1560 Words
    • 7 Pages
    Powerful Essays