There are many good points and bad points with Airbnb, one of the sharing economy systems. People can make a reservation where they want to stay easily by using an application of their smart phones or web pages of computers. Also, ordinary people can lend their houses to other people like foreign travelers. In terms of that anyone can be a host simply, there are some advantages that hosts give valuable, diverse and cultural experiences to others who travel around and make huge profits from renting their properties such as their houses and apartments. On the other hand, the guests who use the Airbnb system can stay in accommodations with low price. The Airbnb system has a lot of advantages, whereas it also has some disadvantages like a probability of serious crimes. Korea does not have the law which legally related to a host and rent of Airbnb system so far. Even though the unregulated system brings about some severe problems, many people still use the Airbnb system. …show more content…
In the past, there were only accommodations like hotels and inns. Therefore, the facilities in strange countries were just the meaningless place for us where we sleep and rest. These days, we can not only stay and rest but also experience the diverse cultures with Airbnb system because we rent real houses that the inhabitants of the region which we travel around actually live. The general public can help other people to have memorable experiences by renting their houses to travelers easily. We can also stay at much more comfortable houses cheaper than staying at hotels and other accommodations. In addition to the advantage of the low price, we get the opportunity of choosing elements such as interior, landscape, location and etc. as we
Deign, Choice, and Service is a broad explanation of why. Great design isn’t measured on a calculator, but rather in cubic feet, lighting, and the way a room feels upon entering. “It is imagination,” as David Weekely expressed. Their design includes: classic exteriors with timeless appeal, nostalgic front porches, dramatic statement interiors, FlexSpace (innovative design allowing you to choose the purpose of each room), and livable plans designed for furniture placement. Choice refers to the endless customizations options, to list a few: wide selection of homesites, numerous floor plans and elevations, hundreds of pre-prices options and selections, flooring, appliances, countertops, lighting, fixtures, and more, personalizing each and every home.
Everyday low pricing can lower our operating costs in two different ways. It can reduce inventory and handling costs due to more steady and predictable demand. It can also reduce labor costs related to less frequent temporary price reductions.
Australia and many other nations gain from trade, as it underwrites to higher GDP rates by permitting national businesses access to inexpensive raw materials, announcing technology, and nurturing friendly competition and novelty. 4. Supposing Rentberry launches in MQ, there are positive and negative impacts of this app on society. On one hand the efficiency is improved as the app includes the ability to save money and time by searching for the most appropriate rental housing and cutting search costs. This results in increased consumer surplus, as they don 't spend time looking for other alternatives and find the housing that suits their needs immediately.
Introduction - If you’re an aspiring Airbnb host, it is of paramount importance that you ensure all your renters are comfortable in their temporary lodgings. That means making sure the listed property is warm, secure, and, above all else, clean. Keeping your rental property clean can be a difficult task, especially as some travelers can be a tad more careless than others, but it must be done if you are to satisfy clients and maintain a good reputation on Airbnb. In order to help you keep your tenants comfortable for the duration of their stay, I have prepared this list of some of my top tips for maintaining a tidy Airbnb space.
The company segments its market on base of demographics, geographic and behavioral. • Exclusive high quality and green products sold by the company • Exceptional customer service offered by the employees at all the
I. Issue- Will Kesler be liable to repay City Rental restitution for the pilfered funds he received from Bauer? II. Rule: A holder in due course states that anyone who takes an instrument for value in good faith absent any notice that it is overdue, has been dishonored, or is subject to any defense against it or claims to it by any other person. III.
gentrification will bring huge benefits for senior homeowners and tenants both. The first is longtime homeowners will have the opportunity to sell the house at a higher price, or may increase the rent which they feel is right for the market. But many homeowners trying to keep the house as long as possible for the buyer price pressure. Next, there are many assumptions that gentrification is the main cause leading to the low-income people have to be relocated. But there is a strange thing according to statistics obtained from the economists, they did not find evidence that poor people left the area gentrification higher than poor people leave the area nongentrification.
The GIG economy is defined as the labour market characterised by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs1. According to a recent report by McKinsey Global Institute2, it was reported that 20 to 30% of the working age population in America and EU-15 perform independent work, which constitutes up to 162 million people. Notably, close to half of this population of workers rely on such freelance work for their primary income. This changing nature of employment presents benefits for both workers and businesses. From a company lens, the ability to capitalize on such a workforce provides a lower set of business operating costs.
Airbnb was established in 2008 in San Francisco, California, by its founders Joe Gebbia, Brian Chesky and Nathan Blecharczyk, who were not able to find any free rooms in a hotel while attending a conference. As a consequence of that, the idea to offer private rooms online emerged, where clients could book them easily via their smartphone, tablet or computer. ‘On one side the platform enables people to list their available space and earn extra income in the form of rent. On the other, Airbnb enables travelers to book unique home stays from local hosts, saving them money and giving them a chance to interact with locals. Catering to the on-demand travel industry, Airbnb is present in over 190 countries across the
The offers of accommodations via Airbnb are currently available in 192 Countries and in over 34,000 cities worldwide (O 'Toole, 2014). The valuation of Airbnb, the home-rental platform, is worth of $10 billion after it raised $450 million from private investment firm TPG in 2014 (Spector, Macmillan & Rusli, 2014). The type of business of Airbnb can be categorized to social networking service which focuses on the accommodation-rental service. The concept of Airbnb is actually a sharing economy which enables the customers to become the micro-entrepreneurs at the same time. Airbnb aims at not only providing the accommodation opportunities but also the experiences for people to interact with others all around the world and get to know how the local people live in a certain city and have some culture exchange experiences with international guests and hosts.
• Highly profitable business. • Robustly developed sales and distribution network. Weaknesses • Heavy investment in R&D. • High marketing and communication costs. • There are cities in where they are not present yet (like Montrose).
Having a value of over $10 billion, Airbnb “exceeds that of well-established global hotel chains like Hyatt” (Hospitality Net). This proves that this online service is significantly surpassing these stable hotel chains that have been competing in the industry for over 60 years. Along with this, a recent report by HVS Consulting & Valuation found that “hotels lose approximately $450 million in direct revenues per year to AirBnb” (Orourke). Although Marriott International has been performing with a 45% increase in revenues from 2012 to 2016, Airbnb has definitely had an impact on the consumer perspective of traditional hotel rooms. In addition to this, hotels also lose over $108 million of food and beverage revenues as a result of guests not spending their money at the hotel’s restaurant.
Travelling helps us to know more about different lifestyles, cultures, cuisines and festivals. Visiting new sights and exploring new places increases our knowledge and widens our global perspective. We get to learn so many things about different cultures and customs. It makes us open minded and gives us a new viewpoint about life and it also changes some of our bad habits.
Most people dream about sudden trips to exotic lands or planned voyages to previously familiar locations, but what is it that drives us to seek to leave our home? Why is it that we travel, even if we are completely comfortable in the country we live in? Pico Iyer, in his travel essay titled ‘Why We Travel’ states different reasons why he believes we seek the unknown. One of the points he claims that we travel for the “self and anonymity”. As he expands on this idea, it is clear to the reader that Iyer believes one of the reasons we travel is to be able to be “free of caste and job and standing” in order to better comprehend ourselves.
The internet gives individuals a tool for keeping in touch with family and friends that are in geographically dispersed locations, or when traveling and separated from support networks, while also facilitating the formation of new relations” (Rosen, Lafontaine & Hendrickson, 2011). One of this tool undoubtedly is Couchsurfing. From technical view it is a hospitality exchange and social networking website with platform for members from around the world locate accommodations while traveling by staying in the homes of other members. But from founders’ view it is a “small passion project” created for people who anywhere would want to share their homes with strangers. Couchsurfing is a global community of 10 million people in more than 200,000 cities