How To Use Your Apartment For Airnub in Nigeria
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Airbnb is an online marketplace connecting travelers with local hosts (people who list their available space and earn extra income). It caught on quickly, as it provides travelers with a cheaper alternative to traditional accommodations eg. hotels, and it offers the unique proposition of a unique local experience.
Initially supply-constrained (it was hard to convince people to open up their homes to strangers), Airbnb’s founders went door to door with a camera to convince hosts to list their properties.
Their revenue streams are as follows:
– 6–12% commission fee from guests
– 3% transaction fee from hosts
You’re probably also wondering about the trust and safety systems in place. Here’s Airbnb’s verification process:
– Take a photo or upload an image of your government-issued ID, such as your driver’s license or passport
– Connect another online profile to your Airbnb account, such as a Facebook, Google, or LinkedIn account
– Upload an Airbnb profile photo and provide a phone number and email address
Another trust and safety feature would be their review system. However, a few people have pointed out dissatisfaction along these lines: “Then, I understood one reason for all of the positive reviews: each reviewer’s name, their photo, and a link to their profile accompanies their review. Of course users would want to seem friendly and agreeable to the Airbnb community. Their ability to be approved by future hosts depended on it.”
That’s all I know.