The business practice of Airbnb

 Due to the development of technology, everything in our life is getting easier day by day. In addition, a few years ago hospitality business was hardly a topic of academic or commercial interest. However, providing the largest networked accommodation service, Airbnb is now a surprising major hotel chain such as Hilton and other five-star hotels. In addition, Airbnb’s market valuation also surprises financial activities hence, people keep investing in Airbnb. On the other hand, Airbnb grows digital platforms that show a structure of social changes. For example, allowing a complete stranger to staying a person’s own house. Furthermore, some Airbnb offers services such as airport pickup, etc which is establishing a strong bond between people. From the business point of view, short-stay holiday rentals by private individuals and entrepreneurs establish a professional hotel business that is making a positive impact on the economy.