In this post: we look at Airbnb’s business model. And we assess the potential of creating a similar business using a clone script called RentRoom. And finally we look at the main features of a clone script which are absolutely necessary. ### What...
In this post: we look at Airbnb’s business model. And we assess the potential of creating a similar business using a clone script called RentRoom. And finally we look at the main features of a clone script which are absolutely necessary.
To simply put it, Airbnb is a website or app which lists vacation homes and properties. It allows travelers, like you and me, to search for vacation homes with amenities like a hotel. We could also say that Airbnb has democratized the accommodation industry.
Airbnb was launched during a massive recession in 2008. The recession didn’t stop people from traveling (especially for business), however it just made it difficult to pay for expensive hotel rooms when a simple, budget experience would have sufficed.
The concept of budget hotels was not introduced by Airbnb, this existed for many years. However, the trouble was there weren’t many budget hotels to accommodate the growing list of travelers who wanted pocket-friendly lodging.
This is where the founders of Airbnb saw an opportunity in San Francisco. They looked at three parameters;
They combined their technical expertise and entrepreneurial spirits to create a website which would allow local residents to list their unused, under-utilized rooms. And allow travelers to book cheap room accommodation, when hotels were sticking to their pre-recession room rates. This worked as a masterstroke. By 2009, AirBnb had nearly 10,000 users and 2,500 listings.
This is where Airbnb stands today – per DMR:
Since its inception Airbnb has raised $3.4 billion and has grown its listings and users like clock work on steroids. The above mentioned statistics speak volume about the success of the idea of bed and breakfast offered on the cheap, worldwide.
As of 2017, the amount of tax generated by Airbnb is a whopping $240 million worldwide. With an ever increasing demand for pocket-friendly lodging, there is room for more such platforms like Airbnb.
Now that the Airbnb (bed and breakfast) fever has spread across the world, there is always demand for platforms to bring pocket-friendly accommodation and travelers on a single platform.
In the total travel traffic and revenue generated, Airbnb represents a small part. This goes to show that the travel and tourism industry is ripe for disruption which puts the service providers and consumers at the center.
If entrepreneurs can create unique lodging services at the right cost and market it wisely, there is always scope for new entrants.
The founders of Airbnb had to sit and write code to create their flagship website. And they have perfected and innovated the platform since the day of launch. So, if you want to create a business like Airbnb, then there is no need for you or your team to sit and write codes.
Like any website template which has to be created once and can be used any number of times. Similarly, Airbnb’s fundamental code can be cloned and be used any number of times. The best thing about using a clone script is that it comes packed with features which would take a large team and a lot of time to build.
RentRoom is one such Airbnb clone which has been written with all the features, security, and data privacy. You don’t have to hire a team nor spend a lot of money, all you gotta do is download the clone script, install and customize it to your heart’s content.
RentRoom is a perfect Airbnb clone script, which has all the features necessary to build a successful platform. Let us look at the features which are needed for a modern peer to peer lodging platform.
When you look through the internet to find the best Airbnb clone, there are five main segments which you need to pay attention to. RentRoom is built with you (the entrepreneur), the service providers (property owners), and users (travelers) in mind from the ground up. Let us look at the five main aspects of a clone script.
1 – RentRoom Design
2 – RentRoom is built for secure and quick transactions
3 – RentRoom delivers top notch user experience – UX
4 – RentRoom gives users the power of performance analytics
5 – What about after sales service and upgrades
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If you’re looking for a rental app to support your business, then what you need is an Airbnb for X app. Rent out a wide range of products and services like cars, boats, camping equipment, retail spaces and more. To avail our excellent rental app development solutions, contact AppDupe today.
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