Here is the list of basic features needed for a three-sided app like Airbnb. Must-have features for an app like Airbnb Now Airbnb provides an option for hosts to hire their professional photographers stationed in different cities worldwide. Airbnb receives a commission on each transaction.Įarlier, the hosts had to take photos for their listing. The host or property owner will get notified of the booking. The guests can filter the properties according to their preferences and book a place that fits their needs by making a partial or complete payment. The listing contains every detail about the property – pricing, photos of amenities, rules and regulations, nearest attractions and more. Now let’s understand the working model of Airbnb.įirst, a host lists their property on Airbnb.
Guest – People searching for an affordable place to stay for a certain period during their travel or visit. Host – People willing to list their property on Airbnb for rent/lease. There are two different sides involved in the Airbnb business model. 66,000 listings in the US and 100,000+ listings in Europe. The total revenue of Airbnb in 2021 is 5.99 billion. 
About 50% of the people like to stay on Airbnb than in traditional hotels. Airbnb comprises 19% of the overall demand for lodging in the United States. On average, a host on Airbnb earns more than 13,000 US dollars. 6 million global listings in 100,000 cities across the world. Let’s look at how much Airbnb has achieved since its inception in 2008. Today, Airbnb is among the top brands in the vacation rental sector, with over 150 million customers across the globe. The duo hosted a couple of guests and offered them breakfast. The founders of Airbnb, Brian Chesky and Joe Gebbia, created a website that allowed people to book their home in San Francisco. 
Airbnb is a platform that connects property owners with guests looking for accommodation.
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