They bought a few airbeds and offered visitors a space with basic necessities and breakfast. In the research period, they once observed that almost all hotel rooms were booked due to a big conference which drew a lot of visitors to the city.Īnd that is the point where these youngsters saw an opportunity. The founders of Airbnb- Brian Chesky and Joe Gebbia were having trouble while paying the rent and that’s when they came up with the thought to earn some cash. There is an interesting story on how Airbnb began. So, how did Airbnb come to existence? That’s the most curious question many of us have. So, in this article, we are going to discuss the whole concept of Airbnb- how it started, how it works, and how it generates revenue. With this business plan, Airbnb is ballooning like anything. The reason for such a huge success is the uniqueness of the Airbnb business model(which we will discuss later in this article). Today, Airbnb operates in approximately 81,000 cities across 220 countries. As per the latest reports, more than 260 million people across the globe have till now stayed in Airbnbproperties while traveling or any other purpose. It has revolutionized the way people travel. With a unique idea to let travelers stay at other’s homes, Airbnb made a billion-dollar company today. Airbnb has caught the eyes of people with its howling success.
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