Airbnb Competitor Insights

Airbnb is a global online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities. It connects property owners and managers (hosts) with travelers (guests) seeking accommodations. The company operates on a peer-to-peer sharing economy model, facilitating transactions and providing a platform for listing, searching, booking, and reviewing properties. Beyond traditional rentals, Airbnb has expanded into 'Experiences,' offering curated activities led by local experts. Its core value proposition revolves around offering unique, localized, and often more affordable accommodation options than hotels, while enabling hosts to monetize their unused spaces. Airbnb generates revenue primarily through service fees charged to both guests and hosts on each booking, establishing itself as a leading disruptor in the hospitality industry by democratizing access to lodging and experiences worldwide.