Airbnb

May 30, 2017

Airbnb is an online marketplace and hospitality service, enabling people to lease or rent short-term lodging including vacation rentals, apartment rentals, homestays, hostel beds, or hotel rooms. The company does not own any lodging; it is merely a broker and receives percentage service fees (commissions) from both guests and hosts in conjunction with every booking.[3][4][5] It has over 3,000,000 lodging listings in 65,000 cities and 191 countries,[6] and the cost of lodging is set by the host. Like all hospitality services, Airbnb is a form of collaborative consumption and sharing.