Airbnb Case Study Globalization

1. Introduction of Airbnb Airbnb is an online platform where people can list and book their accommodations all around the world. It is founded by Nathan Blecharczyk, Brian Chesky and Joe Gebbia in the year of 2008 in California. The types of accommodations offered in Airbnb vary from an apartment, a villa, a castle to even a tree house.

Marriott International vs. Airbnb Although Marriott International has a competitive advantage of being the largest hotel company in the world, experiencing years of remarkable growth with the acquisition of Starwood Hotels, and ranking at number 163 on this year’s Fortune 500, it operates in a highly competitive market. The recent success of Airbnb, for example, has had major effects on the hotel industry as it has quickly become a threat. Airbnb, founded in 2008, is an online hospitality service that provides short-term lodging and unique travel accommodations around the world with more than 3,000,000 lodging listings in 65,000 cities and 191 countries.

4. Case Study Airbnb Airbnb is a company founded in San Francisco in 2008 by Brian Chesky (CEO), Joe Gebbia (CPO) and Nathan Blecharczyk (CTO). (Airbnb webpage) It is one of the most famous example of this new economic system. Their principles are based on the idea that especially young people nowadays prefer to only use things instead of owning them and being responsible for them.

Two entrepreneurs, who decided to rent out their apartment during a conference in San Francisco in order to be able to pay the rent they could no longer afford, founded AirBnb in 2008. Today, AirBnb offers more than 500,000 rooms, apartments, and houses in over 200 countries around the world (James). The Fast Company, a company that creates a list of leaders who are inventing the future of business, lists AirBnb as the most innovative company in travel. Therefore, AirBnb is becoming more and more of a threat to the major hotel chains but also to boutique hotel owners. According to a Barclays research report, AirBnb has already overtaken major hotel companies in terms of its valuation by investors, and its growth could outpace them in actual

(American company financing startups) with an additional $20,000 in funding. At this time Airbed & Breakfast becomes Airbnb. They received $600k from Sequoia Capital and Y Ventures (specializing in incubation and financing of innovative companies). In 2010, Airbnb perceives $7.2 million Series A (A Series A round is the name typically given to a company's first significant round of venture capital financing ) Back in

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

Quickly creating a website for renting airbeds during the event, Airbnb was able to get their first customer and show market demand for their product. This model of using an minimum amount of funding to prove an idea, usually through personal savings or a “friends and family” round, is becoming increasingly popular in the valley. Due to the simplicity of testing startup ideas, investors are now able to focus their funds on ventures that have real demand, allowing them to have higher returns for their time and money. When compared to the dot-com bubble, where companies were first funded before ideas were proven, the new system has

For this reason, there are many Airbnb hosts who just don’t have the time to inspect their properties every day. More often than not, work commitments will make it impossible for them to carry out the necessary maintenance to ensure their lodgers are having a pleasant stay. If you’re struggling to complete the aforementioned duties on a daily basis, you should consider enlisting the help of an Airbnb cleaning

The term “Globalization” has been in existence for the past 50 years. It is one of the major causes of the increase in international trade. The Oxford Dictionary defined Globalization as “the process by which businesses or other organizations develop international influence or operate on an international scale”. It is a phenomenon that has been in the front burner for several years. Certain individuals opine that it serves as an advantage for the developing countries to compete in the global market while others were of the opinion that it favors the developed countries by making them richer (Giddens, A. 1999).

Within the city of Portland, Oregon (and its surrounding areas, including: Hillsboro and Vancouver) globalization occurs in various ways, particularly in connection with global exportation. In 2016, Portland exported a total $21.75 billion [1] in goods to overseas buyers, with the three largest sources of exportation coming from the sales of computers and electronics, agricultural products, and lastly, non-electronic machinery. In fact, according to the International Trade Administration, Portland and surrounding areas rank at number seventeen among Metropolitan Area Exporters, according to export value. [2] Along with being ranked as one of the top twenty exporters among metropolitan areas here within the United States, Portland has been repeatedly

Introduction Globalization is a fact of Economic Life – Carlos Salinas De Gortari. Globalization is not a new thought. This process of interaction and integration among the companies, people and government of different countries is happening from ages. Technology has been the major driver of globalization. Economic life has been transformed dramatically by the advances in information technology.

Explain the purpose of confirming instructions and requirements for business travel and accommodation The main purpose of confirming the details of any bookings made to the person are to ensure that they are aware of the arrangements you have made on their behalf and that if there is anything wrong these can hopefully be changed before the date of travel. Giving the person the details of where they are going, staying and the method of transport and times of travel. If you check back with the person then you are less likely to make an error when booking (which could be costly if you get it wrong, as incorrect bookings are often not refundable). This gives them all the key information they need to then plan or prepare for their journey, as everything

In the United States, significant urban communities are thinking about managing Uber. In any case, it confronts considerably more difficulties as it extends globally as a few nations are picking to boycott Uber or certain administrations that it offers. Uber should adjust its showcasing procedure to address both challenges inside the United States and in addition to the different laws upheld in various nations. Yet, as with each quickly developing organization, Uber additionally has shortcomings that can keep it from growing further.

Another example is e-commerce. Fifteen years ago, shopping online basically did not exist. The environment

1.0 Introduction Hostel Services provides homeless individuals and families with children with shelter and assistance, such as meals, basic necessities, and counselling and support programs [1]. Individuals that do not or cannot take advantage of this support sleep outside and are referred to as “rough sleepers” [2]. . Hostel Services is looking for a design for an interim shelter that will ensure the health and safety of these rough sleepers during Toronto’s harsh winters while long term plans for sheltering are underway [3]. 2.0 Problem Statement According to a 2013 study by the City of Toronto Affordable Housing office, around 10% of Toronto’s homeless population live on the streets [4].