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HomestayDNN airbnb clone<br>https://www.homestaydnn.com/
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HOMESTAYDNN HOWDOES AIRBNBWORKS? Prepared by POFITechnologies
TODAY'S DISCUSSION Airbnb Business Model Why people likeit? Benefits of Airbnb Booking Options HiddenExtras Getting into property renting Trust build among community Trust the descriptions MakingMoney Refunds ForHosts Building website like Airbnb- HomestayDNN Airbnbclone DISCUSSIONOUTLINE
WHAT'SAIRBNB? It’s the World’s biggest accommodation-sharing site, but how does Airbnb work? Wereveal all you need toknow... HOMESTAYDNN.COM
RISE OFAIRBNB CHALLENGES ANDOPPORTUNITIES Since the company launched in 2009, it’s grown from helping 21,000 guests a year find a place to stay to helping six million a year go on holiday, and currently lists a staggering 800,000 properties in 34,000 cities across 90 differentcountries. There are some potential pitfalls with Airbnb – one woman in the US was so irritated by her nightmare guests that she had to pay them to leave her own home - but if six million people trust it and use it, it’s clearly worth investigating.
AIRBNB WORKING MODEL P EER TO P EER R E N TAL MARKETPLACE Airbnb is an online marketplace which lets people rent out their properties or spare rooms toguests. COMMISSION Airbnb takes 3% commission of every booking from hosts, and between 6% and 12% fromguests. CRITERIA There’s plenty of criteria to list for/search a property: from a shared room to an entire house, to having a swimming pool to having a washing machine. There are photos of the property, and the hosts/guests, with full maplisting.
WHY DOPEOPLE LIKEIT? CHALLENGES ANDOPPORTUNITIES A combination of factors, but primarily financial ones. Guests get good value accommodation at a huge range of price points, from a few pounds a night to hundreds and often in prime locations where a normal hotel would cost infinitelymore.
What are the otherbenefits? Many guests like living like a local and getting restaurant recommendations from people , while many hosts just enjoy meeting new people and showing off theirhome.
EASY TO BOOK Yes, very. Once you’ve created a verified profile (which can be linked to social media), you can send a message to the host and either book instantly, or submit a request for later booking. Hosts must show calendars of availability - most are kept well up-to-date - and they will inform you of what they will provide like towels orhairdryers.
Hiddenextras? It’s not really ‘hidden’, but many hosts will add a charge for cleaning on top of their basic nightly fee. This is always made clear onbooking.
GETTING STARTED IN PROPERTY LISTING Once you’ve booked, you and the host will generally arrange where and when to meet, convenient to the property and your arrival time. This could be at the property itself, or if it’s tricky to find, many people agree to meet at a more central location and go fromthere.
TRUST AMONG AIRBNB COMMUNITY CHALLENGES ANDOPPORTUNITIES Firstly, there’s the peer-review system, where hosts and guests can leave honest reviews for each other; comments can only be left after areservation. There’s also the Verified ID system which confirms people’s identities by matching them with social media and other offline documents like scanning photo ID (this system is currently only compulsoryfor last-minute bookings).[
CAN YOU TRUST THE DESCRIPTIONS? AGENCIES TOWATCH There’s always the danger, as with anything online– but that’s where the reviews come in; only book somewhere with goodones.
WHAT ABOUT THE MONEY? As a guest, you pay in full as you book through a secure platform, and hosts will receive that money 24 hours after guests checkin.
REFUNDS There are five levels of cancellation policies depending on the individual host. Generally speaking, you won’t get a refund for cancelling a trip at short notice but you might if there are extenuating circumstances or if there is something wrong with the property that wasn’t made clear in the description.
FORHOST Airbnb has a 24-hour customer hotline for both guests and hosts, and for the latter, they recently introduced an insurance policy for any loss due to theft or vandalism - in Britain and 28 other countries, hosts are protected bya £600,000 “host guarantee”, backed by Lloyd’s of London. Airbnb recommends that hosts also have additional, appropriate homeinsurance.
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P OFI TECHNOLOGIES LET'S WORK TOGETHER! HEADQUARTERS #35/4,1stFloor, DesabandhuStreet, RamNagar, Coimbatore -641009 INDIA CONTACTUS PHONE IND +919790153222 USA +1 (972) 5918783 EMAIL sales@pofitec.com WEBSITE www.homestaydnn.com