Airbnb Inc. Overview
Company Headquarters: US
Founded: 2008
Workforce: ~3,100
Company Working: Airbnb Inc. engages in an online marketplace and hospitality service, enabling people to lease or rent short-term accommodations. The company operates through the Airbnb app which enables its users to list, discover, and book accommodations across the world. Through the company’s platform, the residents and commercial property owners can rent private rooms, entire apartments, boutique hotels, castles, tree houses, and other accommodations. Furthermore, the platform allows travelers to search for accommodations by location, price, and room type, in more than 65,000 cities and 191 countries.
Strategy
Airbnb Inc. operates under an approach where a creative hypothesis is implemented with the team, then reviewing its impact. It has been focusing on market penetration and development by strengthening its service offerings. The company emphasizes partnerships for building the brand in the core business and therefore has entered into several partnerships and collaborations with other players to expand its geographic reach and customer base. Moreover, the company aims at strengthening its long-term growth by expanding its core business along with enhanced liquidity through strategic operations.
