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Introduction to Airbnb

Headquartered in San Francisco, California, Airbnb is an online marketplace which bridges the gap between the property owners who want to rent and travellers who want lodging space. The project was incubated by money raised from selling special edition cereal packs by the founders- Brian Chesky and Joe Gebbia. Later, with the success of the venture, it got funded by various Venture Capital Funds and Angel Investors. Today, Airbnb is operational in almost all parts of the world with its registered offices in 20 major cities including one in New Delhi, India.

How Airbnb revolutionized the Way We Travel?

Airbnb began is an online marketplace which came up with a unique concept of arranging stays when travelling to new places. The concept incorporated various homestays, villas, dorms, hostels, hotel rooms, motels, and other facilities which one looks for while travelling for a comfortable stay. The property owners can list their offerings on the website and wait for the stay requests to fly in. Interested travellers can go through the lists and sort the vast number of options through various filters according to their requirements. The filers offered by Airbnb are Dates, Guests, Shared Rooms, Price, Instant Bookings, Host Language, House Rules and more.

Once you make a booking with Airbnb, it charges a commission on booking of 6-13% and 3-5% service fee from the host. Hosts are also allowed to organize chargeable experiences such as cultural visits, excursions and more for the guests, of which 20% commission is charged by Airbnb.

When registering on the website or the app available for iOS and Android, one has to provide name, valid e-mail id, address proof, and other government-issued IDs and proofs for authentication on identity. This is how Airbnb ensures that no fraudulent practices take place on the website with the guests or hosts. Other than verification, Airbnb provides loss or damage insurance to the hosts, cancellation and refund policies for the guests so that no party is a loss.

Airbnb is also recognized as the best website for couch hopping, that is, when you decide to explore the local culture of a place, living with the locals, you can chose to live with a local and collect memories as you become a member of your host family for the time being.

Offers, Deals and Discount Offered by Airbnb to Make Travel Affordable

Airbnb comes up with frequent offers which include heavy discounts on spends above a limit, flat discounts on sign-up, monetary incentives on inviting friends to join the community, cashback and discount son payment via select credit/debit cards, and best places to stay in your favorite destinations at lowest prices.