100%(3)3 out of 3 people found this document helpful
This preview shows page 1 - 2 out of 2 pages.
Airbnb1.The cofounder Nathan Blecharczyk of Airbnb stated in the video that China is their fastest growing market at the moment and that they are number one in the world in terms of international tourism expenditure, so therefore the future of international travel is the Chinese tourists. The three founders all meet with each other for Sunday dinners to discuss the upcoming week and make company decisions. It is not yet a public company and they do not plan on going public anytime soon it seems. They don’t want to collaborate with other companies such as Uber but want to focus on their company individually. 2.Business modelsa.Airbnb:i.Online platformii.International, no set locationsiii.Very low cost and easy to useb.Hotels:i.Set locations, limited availabilityii.Additional accommodations such as restaurants, bars, pools, spa’s etc.iii.Open 24/7 don’t always need a reservation in advanceiv.Often in highly populated areas with many close attractionsc.Bed & Breakfast:i.Run by ownerii.