Download Airbnb - Case Analysis and more Summaries Business Administration in PDF only on Docsity! Surname1 Student Name Course Professor Date Air BnB - Case Analysis According to Kipling (CA7), written case analysis should provide detailed information in report form and have numerical number crunching; therefore, this case analysis will provide a report on Airbnb. Airbnb presents many opportunities for hosts and guests alike. Hosts can choose to rent their homes, giving them more time to focus on other activities. Guests can use Airbnb as a home base while traveling or visiting someone in town, giving them access to local amenities and events (Andreu et al., 2). The company's business model is based on providing travelers with access to accommodations in private homes and paying for the services. However, some homeowners have complained that Airbnb users need to pay for what they are getting and are damaging their properties. The company was founded in 2008 by Brian Chesky and Joe Gebbia, who wanted to help make renting their own home easier (Andreu et al., 3). They quickly realized there was an opportunity to create a business model that would allow them to rent out their own home while they were away, and this led them to develop Airbnb more fully into what it is today. As a result, the company now has over 3 million listings in over 190 countries worldwide, making it one of the largest home-sharing platforms today (Andreu et al., 4). Surname2 Airbnb's mission is to help travelers find the perfect place to stay while they visit a new city. To do this, they use technology to match travelers with local hosts who have space available (Andreu et al., 4). The service is available in over 191 countries and has over 5 million listings worldwide (Andreu et al., 6). Airbnb also makes money by charging users a booking fee of between 2% and 9% plus taxes on each transaction (Andreu et al., 7). This fee covers their costs for running the business, including paying hosts and finding new places for travelers to stay. While there are plenty of other ways for people to find places to stay when visiting new cities, Airbnb is unique because it allows anyone to become an owner of a space—including owners who have never used Airbnb before. Unfortunately, there are also potential risks that come with renting out their property through the platform. For example, some hosts have had trouble with guests damaging their property or stealing items from their homes; others have received negative feedback from guests who felt they were not treated well or were too loud late at night.
