Want to make extra cash? Do you have an empty room or house? Airbnb is an online marketplace and hospitality service, which enables you to lease or rent short-term lodging including vacation rentals, apartment rentals, homestays, hostel beds, or hotel rooms to Foreigners or locals. The company does not own any lodging; it is merely a broker and receives commissions from both guests and hosts for every booking.
Founded in August of 2008 and based in San Francisco, California, Airbnb is a trusted community marketplace for people to list, discover, and book unique accommodations around the world — online or from a mobile phone or tablet.
Whether an apartment for a night, a castle for a week, or a villa for a month, Airbnb connects people to unique travel experiences, at any price point. And with world-class customer service and a growing community of users, Airbnb is the easiest way for people to monetize their extra space and showcase it to an audience of millions.
Airbnb can be accessed via either the Airbnb websites or mobile applications for iOS, Apple Watch, and Android. Registration and account creation is free. On each booking, the company charges guests a 6%-12% guest services fee and charges hosts a 3%-5% host service fee as it’s commission. You can also offer “experiences”, such as excursions, to guests for an additional charge, of which Airbnb takes 20% as a commission.
Users can search for lodging using a variety of filters including lodging type, dates, location, and price. Before booking, users must provide a valid name, email address, telephone number, photo, payment information, and, if required by the host, a scan of a government-issued ID. Guests also are required to agree to any house rules of the host.