Airbnb is an on-line, homestay network that provides short-term lodging. It is a very successful start-up that
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Airbnb is an on-line, homestay network that provides short-term lodging. It is a very successful start-up that makes money by charging its users. Guest fees range from 6-12% depending on the size of the reservation subtotal. The higher the subtotal, the smaller the reservation fee percentage – which is non-refundable. Airbnb also charges hosts a 3% host service fee which is applied to the subtotal.
What sources of cost advantage apply to Airbnb’s business model?
What sources of differentiation apply to Airbnb’s business model?
Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells , Iris Au , Jack Parkinson
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