How Does airbnb works - HomestayDNN airbnb clone script

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HOMESTAYDNN
HOW DOES AIRBNB WORKS? Prepared by POFI
Technologies
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TODAY'S
DISCUSSION
Airbnb Business Model Why people like
it? Benefits of Airbnb Booking Options Hidden
Extras Getting into property renting Trust build
among community Trust the descriptions Making
Money Refunds For Hosts Building website like
Airbnb- HomestayDNN Airbnb clone
DISCUSSION OUTLINE
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WHAT'S AIRBNB?
Its the Worlds biggest accommodation-sharing
site, but how does Airbnb work? We reveal all
you need to know...
H O M E S T A Y D N N . C O M
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RISE OF AIRBNB
CHALLENGES AND OPPORTUNITIES
Since the company launched in 2009, its 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
different countries. 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, its clearly
worth investigating.
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AIRBNB
WORKING MODEL
P E E R T O P E E R R E N T A L M A R K E T P L A
C E Airbnb is an online marketplace which lets
people rent out their properties or spare rooms
to guests.
C O M M I S S I O N Airbnb takes 3 commission of
every booking from hosts, and between 6 and 12
from guests. C R I T E R I A Theres 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 map listing.
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WHY DO PEOPLE LIKE IT?
CHALLENGES AND OPPORTUNITIES
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 infinitely more.
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What are the other benefits? Many guests like
living like a local and getting restaurant
recommendations from people , while many hosts
just enjoy meeting new people and showing off
their home.
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EASY TO BOOK
Yes, very. Once youve 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 or hairdryers.
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Hidden extras? Its not really hidden, but many
hosts will add a charge for cleaning on top of
their basic nightly fee. This is always made
clear on booking.
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GETTING
STARTED IN PROPERTY LISTING
Once youve 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
its tricky to find, many people agree to meet
at a more central location and go from there.
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TRUST AMONG AIRBNB
COMMUNITY
CHALLENGES AND OPPORTUNITIES
Firstly, theres the peer-review system, where
hosts and guests can leave honest reviews for
each other comments can only be left after
a reservation. Theres also the Verified ID
system which confirms peoples identities by
matching them with social media and other offline
documents like scanning photo ID (this system
is currently only compulsory for last-minute
bookings).
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CAN YOU TRUST THE DESCRIPTIONS?
AGENCIES TO WATCH
Theres always the danger, as with anything
online but thats where the reviews come in
only book somewhere with good ones.
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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 check in.
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REFUNDS
There are five levels of cancellation policies
depending on the individual host. Generally
speaking, you wont 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 wasnt
made clear in the description.
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FOR HOST

• 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 by a
• 600,000 host guarantee, backed by Lloyds of
  London. Airbnb recommends that hosts also have
  additional, appropriate home insurance.

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Building Airbnb like rental platform
Do you want to build a peer to peer vacation
rental marketplace? You have come to the right
place. HomestayDNN airbnb clone script offers
you the most affordable way to build a site like
airbnb in minutes.
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LET'S WORK TOGETHER!
P O F I T E C H N O L O G I E S
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