SlideShare a Scribd company logo
1 of 21
Yifan Yu
EECS 441
Problems
• Price is an important concern for customers
booking places to stay
• Hotels leave you disconnected from the city and
its culture
• No easy way exists to book a room with a local
or become a host
Solution
A web platform where users can rent out their space to
host travelers to
Received $20,000 from Y Capital
Expanded from air beds and shared
spaces to a variety of properties
2009
10 LOCATION AVAILABLES
Founded by Joe Gebbia, Brain
Chesky and Nathan Blecharczyk
2008
COMPANY FOUNDATION
Company History
The world’s largest hospitality
company, operating in over 190
countries and with a market value of
$26 billion
2016
100,000,000 MEMBERS
Announced 10 million nights booked,
doubling business in the previous 5
months in 2012
2011
One million nights booked!
Phenomenon whereby something new and
somehow valuable is formed the created item
Commissions from hosts on each transaction
Phenomenon whereby something new and
somehow valuable is formed the created item
Commissions from guests on each transaction
Business ModelYour great subtitle in this line
Concern with
people and
experience
1
Secret
Sauce
Secret
Sauce
Concern with people
and experience
Money
2
1
Secret
Sauce
Build trust
Concern with people
and experience
Money
2
3
1
• Valued at $31 billion as of March, 2017
• $900 million revenue in 2015
• Predicting revenue growth to $10 billion by 2020
FinancialsYour great subtitle in this line
Competitors
350,000 listings
75 countries for Expedia
Quality Guarantee
7 days of 50% refund
1,000,000 listings
190 countries
Host fees: $349 to $999
annual subscription OR
10% to 13% per booking
Host fees: 3% per
booking
3,000,000 listings
65,000 cities
191 countries
Most are strict
cancellation
Flexible cancellation
PREDICTION
We imagine a world where you can belong anywhere
• Predicting revenue
growth to $10 billion
by 2020
• Regulatory Difficulties
http://www.inc.com/linkedin/sramana-mitra/billion-dollar-unicorn-airbnb-continues-soar-sramana-
mitra.html
http://www.telegraph.co.uk/sponsored/business/the-elevator/12114937/airbnb-success-story.html
http://www.inc.com/magazine/201412/burt-helm/airbnb-company-of-the-year-2014.html
https://www.guesty.com/blog/what-do-the-most-successful-airbnbs-have-in-common/
https://www.cbinsights.com/blog/airbnb-hospitality-industry-valuation-breakdown/
https://www.quora.com/Why-is-Airbnb-successful
https://www.airbnb.com
References
Thank you
Questions?

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Company_preso_Airbnb

Editor's Notes

  1. expanded from air beds and shared spaces to a variety of properties including entire homes and apartments, private rooms, castles, boats, manors, tree houses, tipis, igloos, private islands and other properties
  2. In June 2012, the company announced 10 million nights booked, doubling business in the previous 5 months the world’s largest hospitality company, operating in over 190 countries and with a market value of $26 billio
  3. $349 to $999 annual subscription OR 10% to 13% per booking