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Technology stack behind the Airbnb business & revenue model

A complete stack history behind the success of Airbnb business and revenue model. Airbnb's process summarization & its detailed working flow is defined more visually with the best case studies.

agriya
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Technology stack behind the Airbnb business & revenue model

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  1. TechnologystackbehindAirbnb!

  2. Airbnbisconsideredbymanyasoneofthepioneers ofcreatingtheFreelancerentalmarketplace. FoundedonAugust1st,2008,inashortspanoftime itgrewrapidlyandfirmlyestablisheditselfasoneof thejuggernautsinthissegment.

  3. AirBnBbelievesindefiningthefollowing threesegmentsfortheirsuccess

  4. Basically,theyarethepeoplewhobookthelisted availableplacesfromthehostsresidingthere Theywillhavetheoptiontosearchforanypropertyin anylocationsuitabletotheirneeds,theirbudgetlimit, and thelocality Touristscanbooktheplacesbypayingthroughthe Airbnbportal Tourists

  5. Generally,hostsarethepeoplewhoaretheactual ownersofthepropertyanddecidetorentouttheir availablespace Theyareallowedtocreatealistingfortheirproperty andarealsoencouragedtosettheirownrent,layout thecheck-intimeandcheckouttime. Hostshavethefullfreedomtocanceloracceptthe bookingaftergoingthroughhissocialprofileand reading hisreviews. TheHosts

  6. AirbnbhashiredalargenumberofFreelance photographersinallthemajorcities Theirmainroleistogotothementionedlocation and click high-definition pictures of the surroundingsandtheproperty. Theirhigh-qualitypictureswilldefinitelygetalotof responses for which they will be rewarded by Airbnbdirectly. Photographers

  7. AirBnB’s processsummarization

  8. Atfirst,hostswilllistouttheirpropertydetailsinthe Airbnbportalandalsoprovideotherdetailslikepricing and amenitiesetc, Airbnbwillsendtheirprofessionalphotographertothe propertylocatedinordertotakehigh-qualitypictures. Tourists/Travelerssearchforthepropertywherethey wishtostayandbrowsetheoptionsavailabletothem suchasthepricefactoretc.

  9. Bookingisconfirmedonlyafterthetravelerpaysthe amountmentionedbythehost AftertheHostapprovesthebooking,thetravelerwillstay thereandthenAirbnbwillpaytheamounttothehostafte deducting theircommission.. Cont...

  10. Commission fromHosts Airbnbcharges10%commissionfromthehostupon everybookingdonethroughtheplatform. Transaction fee fromTravelers Airbnbcharges3%ofthebookingamountastransaction chargesontraveler’severyconfirmedbooking. RevenueModelofAirbnb

  11. Airbnbhasseenahugesuccessintermsofthemarket placings. Ithasalreadybecomeamulti-dollarbillioncompany andissettogrowfurther. Havingnailedtheirpresenceinmorethan190 countries,theyarestillfocussingonexpanding further. FinalThoughts

  12. Sharedby:Agriya'sBurrow-IndustryLeadingVacationRental Marketplace Originally shared@ https://mark-chainberg.livejournal.com/453.html

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