Case Study of Airbnb : History of Airbnb & Why Airbnb is Successful
We were previously instructed to avoid strangers. We were instructed not to share personal information online and, most importantly, never stay at a stranger's home. Today, we not only communicate with strangers online, but we even book their homes for an overnight visit. Could you have imagined launching a business in 2008, when unemployment was at its highest? Not at all.
But there is a company that not only started during the crisis, but has surpassed major hotel chains such as Hilton and Taj to become the world's largest accommodation provider.
History of Airbnb - The Idea of living in Stranger's House
The story begins in 2008. When Lehman Brothers failed, the world fell silent. Everything seemed to stop. The company's collapse left lakhs of workers unemployed. There was...