Airbnb Case Questions.docx - Brien Johnson GBA 490 921 Dr Jeffery Martin Case 1 Airbnb in 2016 A business model for a sharing economy 1 Using the

Airbnb Case Questions.docx - Brien Johnson GBA 490 921 Dr...

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Brien Johnson GBA 490- 921 Dr. Jeffery Martin 8/26/18 Case 1: Airbnb in 2016: A business model for a sharing economy 1. Using the example chart in the textbook for business models, illustrate and compare the value proposition for Airbnb, large hotels such as Marriot and Hilton and bed & breakfasts. Name Airbnb Large Hotels Bed & Breakfasts Value Proposition Instead of owning properties, Airbnb acts as a technology platform were people can rent or list rooms or entire houses for rent. For a fee Airbnb allows home owners to list their properties for rent on Airbnb’s platform Airbnb’s easy to use app and website give tenants and renters, a quick and easy way to list and rent properties at the touch of a button Offer guest large single or multiple rooms. Provide amenities such as, spas, fine dining, gyms and pools. Are often located, and built to provide patrons with a scenic view. Small, owners offer several rooms in the house for guest to book. The rural locations in which many bed and breakfasts are located homie, and tranquil atmosphere. Often located in an area with great historical significance. Airbnb’s, large hotels, and bed and breakfast each have their own little niche in the lodging market sector. Each differing in size and target market. Because Airbnb’s specializes in offering a technology platforms for people to rent out rooms/entire houses, without actually owning the properties themselves, it give them a competitive advantage in the fact that they don’t have to be subjected to city, state, and federal regulation that hotels, as well as bed and breakfast must comply with.
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