Advantages And Disadvantages Of Airbnb

Without technology, rooms can’t be booked. Hosts can’t be contacted. And AirBnB wouldn’t work as it works today.

Airbnb is a short-term leasing and renting company which turns residential houses into tourist marketplace. Critics believe that this company is running illegal hotels that are against the health and safety regulations. Therefore, in the last year Airbnb was banned in certain areas and cities.

Today’s on-line travel market is succeeding because the companies are using a more software-centric, online business model termed “E-commerce.” This has become the popular avenue for businesses as it mirrors the ideas of mobility. The sheer amount of data available, coupled with the advanced operating systems and social media platforms, have created new possibilities for E-commerce organizations. The infrastructure of E-commerce has expanded into platforms such as peer-to-peer networking, crowd-sourcing, social websites, and mobile devices and media. E-commerce trends are findings ways to incorporate every aspect of our daily lives into an online package associated with our everyday needs (Fishbein, 2013).

In 2008, the American population saw a large wave of home foreclosures during the Great Recession that created an economic crisis that displaced millions of homeowners. Unable to recuperate from the terrible financial situation, these persons found comfort within the rental property industry. These previous owners, unable to purchase new homes, began renting property and living as tenants, contributing to the 4% growth record of the rental industry as published in a study that was conducted by Harvard University. With the growth of this industry, rental property owners began to devote more of their time to the development and marketing of their rental properties. These owners began providing lower rates for their properties, and they began making improvements that allowed them to increase the net profit that they received. With the continual “boom” of the industry and the popularity that it is receiving due to young adults needing places the live, rental property owners need an effective program that allows them to oversee their properties and communicate with their tenants.

To launch our business we will be partnering with Airbnb, airports, hotels, and businesses. Partnering with Airbnb will allow us to accommodate customers who are looking for a car while they are staying at their Airbnb. Knowing a car will be handy for them to use at their selected destination will allow customers to choose and pick the best place for them to stay and it can all be done easily together when partnering with Airbnb. Partnering with airports will be another way to cater to customers needs. Having airports designate a select area for RIGHTRIDE’S cars will allow traveling customers to know that they will have a car to use while they are in whichever state they are traveling to. Hotels is also another partner that can help our product

Gentrification if the city of Portland has become a huge problem. A problem that is directed towards low income residents, and people of color. Gentrification can be seen mainly to put into disadvantage these people and to technically get rid or get them out of the cities that are being gentrified. This is exactly what is happening in the city of Portland. Housing has increased drastically in Portland in the past 10 years causing low income residents to lose their homes and move out of their city. For other people their struggle is not being able to purchase a house because of the high prices or not being able to pay it off during a decent time. The gentrification in Portland is basically helping part of the city to become wealthier by bringing in the rich people and get out low income residents into areas that in bad conditions. But the city planners instead of helping the areas that need the money and the time decide to instead better areas for the people who are already in good conditions and leave the poor areas unseen.

In the article “How Airbnb Short-Term Rentals Exacerbate Los Angeles’s Affordable Housing Crisis”, Dayne Lee argues, “unions and hotels complain that Airbnb unfairly competes with skirting public health regulations, and undercutting unionized hotel workers by connecting its hosts with independently contracted cleaners.”

“Rent Collective” describes how co-living could potentially revolutionize the property industry. Co-living presents an alternative to the unsatisfying choice between money (renting your own room) and privacy (sharing a room with roommates). In this new housing format, residents live in miniature units (around 12 square meters) with one bed/shower. In exchange, they pay relatively cheaper rent in which utilities and wifi are paid for, and they also get access to high-class amenities such as a spa and a cinema.

3. Make It Easier to Reject Renters: When a renter sends a request to a host to use their

Employment received a hard hit by the recession, but this “gig economy” has been able to provide job openings that are in need. According to a recent study, jobs in the gig economy has grown from 9 to 14% from 2002 to 2014, compared to overall employment which only grew around 7%. Moreover, the gig economy has also had an impact in the current economy, specifically coming from the famous startups such as Uber and Lyft. The Uber and

Sharing economy is a business and a service built around sharing and renting assets, where the technology has a big involvement, as it’s used as communication between the renter and the borrower. Sharing economy has its advantages and disadvantages, and Suzanne Bearne, Catharine Hamm and Mary Dejevsky are 3 writers that express their knowledge and views relating to the topic of sharing economy.

Finally Botsman and Rogers (2011), after categorizing the market places where physical goods can be shared, exchanged and rented claim that such practices can be implemented with intangible goods as well. In other words, assets such as skills, money and space can be shared and exchanged in a network of people with similar interests. These shared systems are named Collaborative Lifestyles and in this category, they are included exchanges in a local level, such as sharing working spaces (eg THECUBE London), errands (eg Taskrabbit) and skills (eg Skillshare) as well as in a global level in sectors like P2P social lending (eg Zopa) and travel (eg CouchSurfing)( Botsman and Rogers, 2011).

Just as the treatment Uber and Grab were addressed by the BIR, DOTC and the LTFRB, the same may be made for Airbnb and home sharing companies. It is incumbent upon the government to make a memorandum circular and provide regulations that would be complete this time as to the enforcement of tax obligations.

Uber is a technology platform company founded in 2009, and it provides a network of transportation service on demand. It connects its driver-partners with passengers who need and request a ride via its smartphone app. Uber is providing its service in more than 80 countries and 540 cities worldwide. Transportation services, such as taxi and limousine, have been greatly affected since Uber entered the market. As Uber’s role is being a market creator between the drivers and passengers, the company receives revenue for every trip a driver provides with the driver keeping the rest. This part incentivizes drivers to become Uber’s driver-partners since they can earn extra income. Customers switch from taxi services to Uber because

same. We all are emotional beings looking for relevance, context and connection.” is a popular quote by Beth Comstock, who also said that marketing is innovation, both of which was very well represented in Airbnb's #WeAccept campaign, and, therefore, also influenced me to write my analysis on their campaign that wasn’t just controversial due to its position against Donald trumps muslim ban(Palazzo,February 2, 2017), but also utilized Instagram to raise voice and show support for the acceptance of all mankind. Although this marketing campaign may have been seen as a risky manoeuvre, the