Travelling is an amazing experience. The experience includes food, stay and commute mainly but even when one of these three go wrong we feel screwed. When it comes to accommodation, it is not possible to find hotels or lodges or rooms as and when we want. And if it is holiday time, don’t even think about it.
According to Statista,
- Airbnb was valued at 31 billion U.S. dollars in May 2017.
So what is their revenue model? Airbnb generates its revenue through service fees to hosts and guests. When a property is booked by a user Airbnb get a commission from the payment made. When the hosts list and make money, there is a commission that Airbnb gets.
- In the company’s hometown of San Francisco, the average daily rate of a stay in an Airbnb property was 18.8 percent less than the average daily rate of a hotel in 2015.
This clearly depicts the affordability that comes along and this is what customers look for. So it is apparent you will have a competitive edge and wider reach if you start an accommodation rental business.
- Airbnb was forecasted to reach 805.32 million U.S. dollars by 2018.
Offer your customers an easy booking and staying experience with an app like Airbnb. The revenue model and workflow are easy.
- User download and create a profile
- Searches for properties based on location, dates and filters etc.
- Books a place
- Makes a payment
- Stay and give reviews
To start a business like Airbnb, you need a tough and user-friendly app that can offer a seamless experience to your customers. AppDupe offers the best and bug-free Airbnb clone app that can be installed on iOS, Android and the web. Why clone app? Cheaper, customizable and quicker installation. Why AppDupe? Best end-to-end services, an adroit team of developers and licensed script.
Contact them to get a customized app in no time!