Want to create a service like AirBnB?

This presentation shows how much does it cost to create an app like AirBnB.
Check the business model, must-have features and estimated time and costs.

Original article - https://www.cleveroad.com/blog/how-much-does-it-cost-to-create-an-app-like-airbnb

Mobile app development services - http://www.cleveroad.com/services/mobile-development

Transcript

1. Want to make app like AirBnB? https://www.cleveroad.com/blog/how-much-does-it-cost-to-create-an-app-like-airbnb
2. Numbers • more than 2 million guests stay on Airbnb every night; • Airbnb is expected to generate $1,26 billion in revenue in 2019; • available in 191 countries offering more than 7 million accommodations; • over 150 million active users
3. How Does Airbnb Work for Guests? • Register or log in as a guest. • Complete the profile. The user adds such data as profile picture, ID number, and more. • Choosing the appropriate place to live in using various filters like price, location, type of space, and more. • The guest requests for a stay and receives a confirmation. • Paying for a reservation using the service. • The final step is traveling and enjoying the stay!
4. How Does Airbnb Work for Hosts? • Register or log in as a host and confirm that they are over the age of 18. • Register the property on Airbnb. (add the data about the accommodation like location, the number of guests, type of apartment, etc.) • Upload real photos of the apartment and set the price. • If everything is ok, the host approves the stay. But the landlord also has an opportunity to reject the stay. • The host receives the payment in 24 hours after the guest checks-in. The renter needs to confirm that your listing is as good as expected.
5. Airbnb Business Model The revenue model of Airbnb is booking fees. • The guest has to pay a 6-12% booking fee, depending on the size of the reservation. • Airbnb changes the landlord 3% for every transaction.
6. Airbnb core features for guests. Development time and cost (our rate is $50/h)
7. Airbnb basic features for hosts. Development time and cost (our rate is $50/h)
8. Airbnb tech stack • Programming languages: Ruby, JavaScript • Frameworks: Ruby on Rails, React • Web server: Nginx • Cloud storage: Amazon S3, EB3 • Cloud hosting: Amazon EC2 • Cloud database: Amazon RDS, MySQL • Big Data: Presto, Druid, Airpal
9. Airbnb design time and cost (our rate is $50/h)
10. If you think that it’s too expensive... … check rates of other countries
11. Ready to make your Airbnb-like app? + Contact us now! sales@cleveroad.com