How Airbnb Become King of Vacation Rentals globally?
How Airbnb Become King of Vacation Rentals globally?
Mar 09 , 2020 at 05:51 PM
Airbnb is started in 2008, Two friends had an idea of changing their living room into a bedroom by laying beds in the living room is due to higher room rent at the markets and as result, students can't pay those rooms rents. As part of their idea, they started it as a business through an online platform in san Fransisco.
The way of their idea became popular among business persons who are in search of rooms for their business trips and conferences with minimal room rents. On the other hand, hosts who have an extra room at their home can be rented to the payable guests for a time they require it.
Overview of the Airbnb Business Model
The idea of Airbnb is quite interesting as they are not going to own any properties and nor they serve their guests, they are going to bridge the gap between hosts and guests. Airbnb significantly plays an important role in capturing the trend and delivers excellence to its clients.
Users prefer to Airbnb for vacation due to the Reasonable price tags that fit the user's demands. The users and the service providers are two important components of the Airbnb Business model, it needs the least capital. Airbnb Intensified to provide innovative service to customers and obtain great revenue for the business.
Airbnb Workings
Airbnb bridge the gap between users and hosts. Airbnb hires a freelance cameraman to take a high-quality picture of the resources listed. The user gets registered and logs in to the website and search, find and book the rooms available on the lists. Hosts can list their property with facilities available to the users.
The user requests for service, it will be confirmed from the host through a notification message to the users. After confirmation user pays the rental charge through available payment gateways on the website.
Revenue Source of Airbnb
Commission Fee from Hosts and Transaction fee from users.
Airbnb charges a flat 10% fee from hosts upon every successful booking made through over the website.
Airbnb charges 3% of the booking amount as a transaction fee from users against every confirmed booking.
The Airbnb charges guests a service fee between 5% to 15% of the reservation, while the commission from hosts is generally 3%.
Airbnb Pamphlet
Airbnbmag is a $15 manual that is Special then a normal manual it also serves the guests providing exact facilities. Airbnb and Hearst tie-up with a motive to make the tourists feel that they belong to that special site they visit.
Dedicated Business Managers
Airbnb has its standard and features in delivering perfect services to their users. Airbnb has a dedicated business manager who travels to their hosts to check the facilities, home type, Check-in, evaluating user reviews to provide an appropriate response to the user reviews.
Marketing Traits of Airbnb
Airbnb has a business motive " the customer is the king". An Airbnb customer is a person who indicates the organization’s income. Either it is the host and or it is users. Customer satisfaction plays a keen role in creating brand awareness and exposure of a business. The way Airbnb handled users' reviews and ratings of their services and diminish the error with positivity, as a result, attained ample of users. There are powerful factors that create branding are:
Word of mouth
Digital marketing
The promotion offers and coupon codes.
Social media, refer and earn.
Affiliate marketing
Turnover of Airbnb
In March 2019, the company was estimated $31 billion.
Airbnb is available in 34,000+ cities across 190+ countries. The company has 1.5 million property listings and has served more than 35 million guests to date. The places listed on Airbnb have served 6,000,000+ people for their stay at pleasure.
The future of Airbnb
Airbnb is already a multi-billion dollar company almost available in all over the world. People prefer this platform over hotels for its unique service facilities with user desire. It is now analyzing to further increase the daily deals on its platform.
If you have a dream of starting a rental website like Airbnb?
Our product is digital and intangible that mean it can't be returned. Osiz Technologies don't provide issue refund after product purchased or downloaded. You are responsible to understand in buying script. Purchasing a web product from us that meet all product policy and refund policy.
You are agree to understand and purchase our product that no purchased product can be returned and get any refund. This policy includes plug-in, license fee and renewable product.
Installation issue
If you have own server and configure by yourself, Osiz Technologies do not charge any fees for set up server payment. We are getting server installation fee as well as our rates. Osiz Technologies do not offer server setting up cost. Our customer have own responsibility to setting up their server. We will claim customer responsibility with server installation.
We will analysis all issue during installation before move to refund. If it is true, Our Company will offer you refund for;
File not received
If you do not receive file after making purchase deal, you should ask file from our sales representative or support team by email or phone call. We will claim refund for 15 days.
Unable to unachieved
If the file can't download and unzip as well, you can ask us for refund claim. We will check the file source that you downloaded from the account and if the problem still exist. We will send new download link and enable to download your file in your area. If you need refund, we will analysis this case and if it is true, we will consider to refund.
Problem functional
If your model does not work well, you can ask our team and fix the issue. We will fix it immediately.
Support issue
If you not receive any support after monthly subscription, we will fix the product and you will get refund.
Refund Policy for Website Development Services
Osiz technologies undertake all projects under the purview of Milestones that dictate the direction / road-map followed by the project. Osiz technologies accepts all Web Design/ Development/ Applications projects upon a complete analysis and creation of a complete scope document, in order to make sure that teams have complete understanding of the work needed to be done, elimination possibilities of a project cancellation / reversal / dispute
Since Osiz technologies and the Clientele realize that there is work involved in achieving every milestone of the project and completion of every module, a refund would not be possible for the work already completed. Osiz technologies make sure that in case of a project termination on a mutual basis, the client has control of all the work done till that date, if paid for further development, is returned.
Osiz technologies also respect a decision made by a client to works with a different provider within 12 hours of the project initiation. In such a scenario Osiz technologies would full refund the amount for the project that has been paid. If a project is cancelled or postponed, all monies paid are retained by Osiz technologies and if applicable, a fee for all work completed beyond what was already paid for shall be paid by the client.
Terms and Conditions
Terms and Conditions
The Terms and conditions of our "Software Product" is a legal agreement between the client (an individual or a legal entity) and Owner of the product (Osiz Technologies Private Ltd), we license it to the end user under the terms of a software license agreement. The terms of software license agreements may vary depending upon the specific software product and version that you licensed from Osiz Technologies Private Limited.
Accepting these Terms of Use (TOU)
Osiz Technologies P LTD Software Packages having the set of codes, pages, media, printed materials and "online" or electronic documentation, such as administration and installation manual and layout customization guidelines . You agree to be bound by the terms and conditions of Osiz Technologies Private Limited by purchasing, installing, copying, downloading, accessing or otherwise using ANY of the Osiz Technologies Private Limited Software packages and any other relevant terms and conditions, policies, and notices which apply to the Web Site or a specific section or module of the Web Site.
Osiz Technologies packages are known as "Software Product" here and Osiz Technologies holds copyright to the "Software Product". All such software and materials are referred to herein as the "Software Product Scripts ." A software license, issued to a designated user only by Osiz Technologies or its authorized agents, is required for each user of the Software Product.
By using Osiz Technologies Script and our website, you signify your agreement with the Osiz Technologies Terms and conditions. If you do not agree with any of Osiz Technologies, do not use the Web Site. Osiz technologies reserve the right to update the Terms of use at any time without notice to you. The most current version of the Terms of use(TOU) will be posted on the Web Site.
Copyright
All Content and materials of Osiz Technologies, including, but not limited to images, illustrations, audio clips and video clips, are protected by copyrights which are owned and controlled by Osiz. The Software Product is protected by international copyright laws and treaties, as well as other intellectual property laws and treaties. You must not remove or alter any copyright notices on any copies of the Software Product.
License:
Software Product License. You may install each Software Product License on a single website/domain and make copies of the Software Product License as necessary only for backup and/or archival purposes. No other copies may be made. Each copy must reproduce all copyright and other proprietary rights notices on or in the Software Product License.
Removal of the copyright notices from our software products
Altering or removing any of the copyright notices contained within the website HTML pages generated by the program. You are agree that if you remove copyright notice in volition of this section, Osiz Technologies have the option of assessing a monetary penalty against you for such violation in lieu of no way authorize you to continue such violation.
Transformation:
You may not rent, lease, lend, or in any way distribute or transfer any rights in this TOU or the Software Product to third parties without Osiz Technologies written approval.
Prohibition Reverse Engineering:
You may not reverse engineer, decompile, defeat license encryption mechanisms, or disassemble the Software Product or Software Product license except and only to the extent that such activity is expressly permitted by applicable law notwithstanding this limitation.
Support:
Osiz Technologies may provide you with support services related to the Software Product. Use of any such support services is governed by the Osiz Technologies policies and programs described in "online" documentation and/or other Osiz Technologies provided materials. Any supplemental software code or related materials that Osiz Technologies provides to you as part of the support services is to be considered part of the Software Product and is subject to the terms and conditions of this TOU. With respect to any technical information you provide to Osiz Technologies as part of the support services, Osiz Technologies may use such information for its business purposes without restriction, including for product support and development. Osiz Technologies will not use such technical information in a form that personally identifies you.
Refund:
Please take time and evaluate the software using our online demo or trial version. Before purchase, make sure that your server supports the software requirements. Refunds will not be given for reasons surrounding the user's lack of knowledge of the software's functionality, limitations, or restrictions, as we provided every opportunity to evaluate the software prior to purchase. If you have a question, please ask our staff before making your purchase. Complete source code is shipped with the software, the digital nature of the product makes it non-returnable; therefore all sales are final. Refunds are NOT given for installation fees or other non-product labor costs.
Termination:
Osiz Technologies may terminate this TOU if you fail to comply with any term or condition of this TOU. In such event, Licensee agrees to return to Licensor or to destroy all copies of the Software upon termination of the License.
Miscellaneous:
We reserve the right to reference any website or company using the Software in our sales and marketing literature.
We reserve the right to monitor compliance with this TOU and to restrict the use of the Software for non compliance.
If installation service is not required/ordered, product is usually delivered by e-mail within 24 hours after the order has been received, but please allow a maximum of 3 (three)
Business days for delivery in special circumstances (anti -fraud verifications, internet connection problems, etc.)
Full PHP/JS/CSS/AJAX source code is delivered;
Installation Service. Due to the high demand, please allow a maximum number of (2) two business days for providing the paid installation service. The time frame is considered from the moment when all required Server information has been received. Installation service will not be delivered if the designated server does not meet the software requirements.
Anti-Fraud Verifications. We reserve the right to ask the client to provide us legal documents in order to verify that he/she is the real credit card holder, if we have reasons to believe that an order is fraudulent, and cancel/refund the order if these required documents are not provided.
Warranty:
You accept software product and software product license and Osiz Tech make no warranty as to its use, performance and otherwise. In order to maximum extent permitted by applicable law, Osiz Tech disclaim all other representation, warranties and condition, express, implied, statutory or otherwise including but not limited to implied warranties or conditions of merchantability, satisfactory quality, fitness for particular purpose, title and non infringement. The entire risk arising out of use or performance of the software product remain with you. We do not guarantee that they work with all third party scripts or web browser. We are not responsible for any script compability, conflict that may occur and we do not responsible for any data loss when installing script on your server or website.
Browser Compatibility
Our scripts are support all modern web browsers including (but not limited to) Firefox, Safari, Chrome (all on PC & Mac) & Internet Explorer. Whilst we strive to give every a seamless & near-identical experience across each of these browsers, it is impossible to compensate for the lack of web standards support (relating to HTML & CSS) in some of these browsers. In the case of a browser not support certain web standards, we will include a generic workaround for that browser, which will degrade a specific function / feature gradually and in a way that doesn't affect the user experience negatively.
Ownership
You may not claim intellectual or exclusive ownership to any of our product, modified or unmodified. All products are property of Osiz Technologies Private Limited. Our products are provided "as is" without warranty of any kind, either expressed or implied. In no event shall our juridical person be liable for any damages including, but not limited to, direct, indirect, special, incidental or consequential damages or other losses arising out of the use of or inability to use our product.
Script Usage
The scripts located on our Osiz Technologies Website Resources are made by Osiz Technologies Private Limited. They can be used freely on private or commercial sites unless stated otherwise by the script author in the copyright notice contained in the script and providing all credits to the author are left intact. They may be altered to conform to your site, but please leave all credit notes and copyright notices from the authors in place. The scripts remain the property of the author and any extra copyright policy by the author must be adhered to before using these scripts. 9lessons Resources retains the right to edit any copyrighted scripts it sees fit for display purposes only to make it conform to this site, it does not alter the script in any fashion from the authors original for download purposes.
About The Script
These scripts are text files which can be opened with any text editor (notepad, word, etc), they have been compressed into .zip format to ensure the text format remains complete, as sending text files via standard html can destroy the format and present you with a corrupt script. You can open the .zip files with a program such as WinZip, a free program available from WinZip and extract the text file from inside into a directory of your choice. If you have any trouble using the scripts located on Osiz Technologies Resources, please refer page on our site for seeking help.
Privacy Policy
Privacy Policy
Osiz Technologies always respect for privacy policy. We may collect all personal information and how to use this information as well. This policy describes the important topics related to privacy policy. We never share any information to the third party or agency for whatever reason.
Our Company is committed to ensure this privacy policy is protected. We will ask you to provide information and identified when use this web and it only used in accordance to this privacy policy statement.
Osiz Technologies may collect information related to;
Name of company
Job title
Contact information
Email address
General information such as; type of browser, files, domain name, specific location to improve your web more better
We use information to improve our product
We contact you to send critical product information and software.
Security
Our Company is committed to ensure all information in secure and safety. We do protecting and preventing all data from unauthorized access. We put all information in physical disc, electronic safeguard and online data protection. We will not share or sell information to the third party unless have permission from the owner under the law.
If you receive any unsolicited email or contact phone from Osiz Technologies, please contact our sales representative or customer support by email to:
Get an astonishing Online Car Rental App with Enhanced strategies 
Assurance your Guest with your Enhanced Security and Grab your Vacation Rental Business
How to Launch Online Rental App Like Airbnb?
Business Strategies for Online Car Rentals Business.