IDEAS home Printed from https://ideas.repec.org/h/spr/fuobcp/978-3-030-83632-0_5.html

Airbnb: From Double-Sided Accommodation to Multi-sided Experience Platform?

In: Valuing Digital Business Designs and Platforms

Author

Listed:
  • Thorsten Feix

    (Augsburg University of Applied Sciences)

Abstract

Airbnb is today the most popular global online accommodation community. The platform matches travelers seeking authentic experiences with hosts offering unique, inspiring accommodations around the world. Therefore, Airbnb is in its origin a double-sided service platform for home-sharing. The company also became a synonym for the overall sharing economy. But, as the company’s strategy intends to stretch out from an accommodation to a holistic experience platform, the company might even be in a transition stage to a multi-sided platform. Chapter 5 first describes Airbnb’s revolution within the global hospitality industry by introducing its double-sided accommodation rentals platform. Additionally, its tailored 10C Business Design is compared with those of international hotel groups, highlighting the advantages of its asset-light platform architecture. Thereafter, the rentals platform feverish awaited, and spectacular initial public offering (IPO) will be described. With a pop of 114% on its opening share price in day one trading, its IPO became one of the most successful in corporate America’s recent history, giving the rentals platform a market capitalization north of $80 billion. The evaluation of Airbnb’s eight platform value drivers highlights the potential shift from a double-sided accommodation to a multi-sided experience platform. The final financial valuation introduces the picture-of-the-future scenario “the age of connecting and belonging,” before evaluating the accommodation platform with the Reverse DCF approach.

Suggested Citation

Handle: RePEc:spr:fuobcp:978-3-030-83632-0_5
DOI: 10.1007/978-3-030-83632-0_5
as

Download full text from publisher

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a
for a similarly titled item that would be available.

More about this item

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:fuobcp:978-3-030-83632-0_5. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.