Airbnb Case study Analysis Answers
In 2014, a San Francisco-based home-sharing website, Airbnb was selected as one of the 36 Technology Pioneers of 2014 as a start-up company for deployment of new technologies, and offering solutions to long-standing problems. Recognizing Airbnb's contribution to the sharing economy, the Technology Pioneers 2014 report cited, "The 'sharing economy' is another potentially revolutionary trend. The Internet is making it possible now for people to benefit from sharing their extra spare capacity. This trend is represented this year by Airbnb, which is transforming the travel sector by enabling people to rent out rooms in their homes, or even their entire properties.
Businesses based on the sharing economy, like Airbnb, relied heavily on mutual trust between the hosts and the guests. While the hosts had to overcome their fear of renting their space to strangers, the guests also had to be ready to stay in places belonging to strangers. Although Airbnb received many positive stories, some hosts and guests shared their bad experiences. The economic impact of Airbnb could not be neglected, making approximately $7,000,000 as annual income.
Explain the current trends in a computer hardware platform that Airbnb are using in their business strategy. (20 pts)
Explain the current trends in the computer software platform that Airbnb are using in their business strategy. (20 pts)
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