As such, social media integration and reviews help homeowners get a better understanding of who will be arriving before accepting or rejecting. Hosts need to be sure they can trust guests. The audience has changed, with streamlined technology to suit, but the core service is still there. What’s important to note here is that many of the most common needs of hosts aren’t that different from Airbnb’s competitors. Hosts also want to accept or reject bookings, leave reviews on travelers, and ensure payment. Hosts want to generate value from their homes, so they use apps similar to Airbnb to list their property, manage their listings (including rent), and create availability periods.
Let’s take a look at each more clearly, as this is a great example of how an app like Airbnb works with different users in mind. With a company value of $35 billion, Airbnb certainly did something right! How does it work?Īirbnb is a classic example of multi-tenancy architecture a model where in the same solution services different clients. Today, the company has over 100 million users, 2.9 million hosts, and 6 million property listings. Its original value lay in providing a unique business proposition: property owners could rent out their homes while they were away, while guests could get a home-stay experience at a competitively cheap price. Just as Uber changed the taxi and rideshare market, Airbnb’s simplicity and innovative business model enabled it to take on long-standing giants in the accommodation sector, such as, Trivago, and Hostelworld. The important thing to note about Airbnb, however, is that it’s widely considered as a game-changer.
The app is used by both the ‘hosts’, the owners of the properties that chose to rent them out, and ‘guests’ that book the accommodation through the service. Specifically, it enables property owners to rent out their apartments to guests from around the globe. Let’s take a look at the business, why it’s service is so successful, and how many apps similar to Airbnb would cost to make! What is Airbnb?Īirbnb specializes in short-stay accommodation. Have you ever wondered how to build a website like Airbnb? Well, technically it’s also an app (and we’ll get to that!) but it’s easier than you think.
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