Airbnb vs hotels - Airbnb 1 The cofounder Nathan Blecharczyk of Airbnb stated in the video that China is their fastest growing market at the moment and

Airbnb vs hotels - Airbnb 1 The cofounder Nathan...

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Airbnb 1. 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 models a. Airbnb: i. Online platform ii. International, no set locations iii. Very low cost and easy to use b. Hotels: i. Set locations, limited availability ii. Additional accommodations such as restaurants, bars, pools, spa’s etc. iii. Open 24/7 don’t always need a reservation in advance iv. Often in highly populated areas with many close attractions c. Bed & Breakfast: i. Run by owner ii.

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