Airbnb Strategy Teardown: Ahead of Potential IPO, Airbnb Looks Beyond The Hotel Industry
Since its founding in 2008, Airbnb has grown from a small startup that let users rent out their air mattresses, to a global player in international travel and hospitality.
Now, as it sets it sights on an IPO, it is evolving from a home-sharing platform to an expanded travel services company, challenging incumbents like Expedia and Priceline.
It’s getting into real estate, targeting larger property managers, and building an Airbnb-branded property in Orlando.
And it is expanding internationally, with certain markets in Asia emerging as a key area of growth and hiring, as we’ll show.
As it looks to become a full-service travel platform, it faces a new host of competitors.
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CB Insights analyzes data on private companies in emerging industries to provide predictive intelligence on company health and strategy, investor performance and technology adoption trends. They aggregate and analyze massive amounts of data and use machine learning, algorithms and data visualization to help corporations replace search engines, and corporate financial institutes, so they can answer massive strategic questions using probability not punditry. With backing from the National Science Foundation and venture capital investors, CB Insights mines terabytes of data and knowledge contained in patents, venture capital financings, M&A transactions, hiring, startup and investor websites, news sentiment, social media chatter, hiring activity and more.