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Airbnb- A Disruptive Innovator

Global Economic Impact of Coronavirus – Assessment and Mitigation (B)
Case Code: ITSY089
Case Length: 21 Pages
Period: 2008-2015
Pub Date: 2016
Teaching Note: Available
Price: Rs.400
Organization: Airbnb
Industry: Travel
Countries: US, Global
Themes: innovation, Sharing Economy, Startup
Global Economic Impact of Coronavirus – Assessment and Mitigation (B)
Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

In 2014, a San Francisco-based home-sharing website, Airbnb, was selected as one of the 36 Technology Pioneers of 2014 by the World Economic Forum’s (WEF). WEF’s Technology Pioneers program recognized companies, usually start-ups, for design, development, and deployment of new technologies, and for offering solutions to longstanding problems, creating a significant impact on society. Recognizing Airbnb’s contribution to the sharing economy, the Technology Pioneers 2014 report cited, “The ‘sharing economy’ is another potentially revolutionary trend: from broadband connections to do-it-yourself equipment to their own time and skills, many people own things they don’t use all the time. The Internet is making it possible to monetize such spare capacity. This trend is represented this year by Airbnb, which is transforming the travel sector by enabling people to rent out rooms in their homes or entire properties...”

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