Salman Airbnb Presentation

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Belong Anywhere

Transcript of Salman Airbnb Presentation

Page 1: Salman Airbnb Presentation

Belong Anywhere

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WHAT IS AIRBNB? Airbnb is a website for vacation rentals.

It is an online marketplace that connects hosts and travelers to rent space.

It is a trusted community for people to list, discover and book unique accommodations around the world.

Whether an apartment for a night, a castle for a week, or a villa for a month, Airbnb connects people to unique travel experiences, at any price point, in more than 34,000 cities and 190 countries.

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A BRIEF HISTORY

Airbnb was founded in 2008 and headquartered in San Francisco, California.

About Airbnb

The company is privately owned and operated by Airbnb, Inc.

Brian Chesky and Joe Gebbia created the initial concept for AirBed and Breakfast that offered short-term living spaces, breakfast, and a unique business opportunity for attendees who were unable to book a hotel.

At the time, roommates Chesky and Gebbia could not afford the rent for their loft in San Francisco. They made their living room into a bed and breakfast, accommodating three guests on air mattresses and providing homemade breakfast.

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OPERATION Airbnb connects hosts with property to rent with guests

looking to rent space. It is free to create a listing using Airbnb. A valid email address, a

valid telephone number and a valid ID are required to build a unique user profile on the website.

Hosts display listing details including price, amenities, house rules, imagery, and detailed information about their neighborhood.

When a potential guest puts in a reservation request, the host has at least 24 hours to accept or decline the request.

After the reservation is complete, users are encouraged to leave a review. Reviews help build validity and references both for the guests and the host.

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SECURITYIs Airbnb safe to use?

Airbnb user profiles contain recommendations, reviews, and ratings to build credible online reputations within the platform.

The site provides a private messaging system as a channel for users to message one another privately before booking and accepting reservations.

Hosts are never required to accept a reservation. After the guest has Checked out, the parties review one another to build website credibility similarto online marketplaces like eBay.

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PAYMENT

Airbnb facilitates online payments from guest to host through its Security Paymentsfeature, which processes payment transactions 24 hours after check-in.

The protocol offers a guarantee for guests and helps to uphold cancellations policies before processing payments.

Additionally, the Airbnb website facilitates security deposits and cleaning fees.

The company’s revenue comes from a 6% to 12% commission of the guest payment and 3 % of what the host receives.

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HOTEL VS. AIRBNB

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WHY AIRBNB? Airbnb has positive, economic, social and

environmental impacts. By helping residents share their homes, Airbnb is

promoting the efficient use of existing resources and a more environmentally sustainable way of travelling. Sharing a home results in a significant reduction in

energy, water use and waste generation, compared to hotel stays, and also encourages sustainability awareness among both residents and visitors.

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CULTURAL IMPACT

By sharing their homes with guests, Airbnb hosts participate in an ongoing cultural exchange with people from around the world, building community and strengthening understanding across cities.

Airbnb appeals to travelers seeking a more memorable experience that allows for a different level of collaboration from standard hotels.

It is the world’s leading marketplace to list, discover and book unique, local accommodations.

Hosts who welcome guests into their homes are reflecting the diverse community of their cities.

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ECOTOURISM

Tourism is the most effective weapon to save the world.

With a more sustainable approach, tourism offers greater rewards for businesses that protect and benefit the natural and cultural heritage of local communities.

The mission is strategically focused on attracting visitors who bring the most economic benefits to a community with the least environmental impacts. Tourism elevates a city’s reputation and spreads long-

term benefits of broader economic development across other industry sectors.

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AIRBNB Tourism is a dynamic driver.

It is important that we recognize the positive impacts tourism has on our community and celebrate the many locals whose livelihoods depend on it. Many jobs are supported by tourism.

Tourism employs a prosperous and diverse workforce and it generates large amounts in economic activity.

Because Airbnb prices are fair, it is attracting more tourists and for a longer period of time, thus contributing greatly to the economy. Additionally, home sharing helping many local residents

make ends meet.