Airbnb in 2016 a Business Model for the Sharing Economy

As it has been illustrated in Figure 2 below the numbers of sharing economy users have been consistently increasing in the US to reach 737 million in 2019 and this tendency is forecasted to continue. This vast decentralization has played a major role in the development of the sharing economy along with companies like Uber and Lyft.

The Sharing Economy Infographic Sharing Economy Sharing Economy Infographic Economy

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. Airbnb has enjoyed global compound growth rate of 153 since 2009. Based in San Francisco California the platform is accessible via website and mobile appAirbnb does not own any of the listed properties. The Congressional Research Service defines the gig economy as.

This kind of sharing is not necessarily new. The collection of markets that match providers to consumers on a gig or job basis in support of on-demand commerce. These architectural principles specifically help address the challenges needed to succeed in the global connected economy.

ˌ ɛər ˌ b iː ɛ n ˈ b iː AIR-BEE-en-BEE is an American company that operates an online marketplace for lodging primarily homestays for vacation rentals and tourism activities. The sharing economy is an economic model often defined as a peer-to-peer P2P based activity of acquiring providing or sharing access to goods and services that are facilitated. In the basic model gig workers enter into formal agreements with on-demand companies to provide services to companys clients.

Read this article on how an enterprise operating model will be selected based on the business model design and the types of operating models as it provides a sturdy bridge between your strategic ambition and execution. The projected number of Airbnb users in Europe by 2020 is 24 million.

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