Read also: How to Develop a Hotel Booking Website More to this, the globalization aspect comes into play as we live in the century of the Internet, more free space and more interest in traveling and foreign cultures, it results in the rise of lodging reservation websites or reservation app development. Universally-known fact - applications like Uber and Airbnb are considered to be the most progressive ways of human within-society interaction, as there are two factors they help with:īuilding a “sharing economy” model, a system where assets or services are shared between private individuals, either free or for a certain fee.īuilding the famous “trust loop”, the environment where the credence among people is built via certain services and assets. Speaking of which, it all started back in 2007, when two future Airbnb founders Brian Chesky and Joe Gebbia had simply no money to pay their accommodation fee so the solution they came up with at the time was to rent a mattress in their room using a B&B scheme, with an initial goal just to earn a few bucks.Īs Business Insider claims, the realization this idea had potential hit both founders soon, and despite the numerous rejections they received from angel investors, they still managed to grow into Airbnb out of Air Bed&Breakfast by 2009, and by the time this article is published (March 2018) this platform can be found in 191 countries and more than 65 000 cities. There is no need to educate you about the purpose of the service created within a pure coincidence, a bit of luck and a genuinely creative idea. In this article we will go all the way through the building of an app like Airbnb, getting rid of potential losses and calculating the future development costs.
One of the most influential apartment-providing services worldwide and a travel app at the same time, it took more or less 9 years for the founders of Airbnb to generate sustainable revenue out of their product, and to turn it into Airbnb mobile application finally, once starting with a website.
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