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AirBnb Case Questions1.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.Airbnb:Enables owners to list their space on the platform and earn rental money.Airbnb provides insurance to listed properties.Gives cheap options to travelers to stay with local hosts.Facilitates the process of booking living space for travelers.Rating and review system for hosts and guests.Hotels:Offer many amenities such as spas and conference rooms. Offers deals such as time shares for frequent customers.Located closer to highways and airports to allow access to quicker traveling.Larger facilities that can accommodate many different types of guests.Bed & Breakfasts:Smaller and usually owner-operated.Offers a cozy, home-like ambience. Established in more rural tourist areas.