Founded in 2008 in San Francisco AirBnB started off as an idea to help at the time students Brian Chesky and Joe Gabbia to get some extra money to pull through their monthly rent. The company originally started by placing extra airbeds in their accommodation at the time and provided breakfast for possible customers, a simple bed, and breakfast. (Crook, J. and Escher, A. 2015)
The function of AirBnB is to provide an alternative accommodation for travellers instead of hotels and professional apartments and works just the same way; you select your dates, make your booking, and travel to the destination you have chosen. (Cadwalladr, C. 2013)
What made AirBnb truly revolutionary and innovative is …show more content…
(Cadwalladr, C. 2013)
Nowadays AirBnB provides over 2 million accommodations that range in price, from very affordable to luxury apartments, operating in over 190 countries and working in 34 000 cities, AirBnB now manages to target a full range of clients. The way it works is that essentially the company, or rather the website is the joining point where the letter and tenant "meet", AirBnB then unites the two parties and takes a percentage off them. (Crook, J. and Escher, A. 2015)
In Truth, the company does not provide any products but rather a service, despite what it may look like at first sight; it owns no proprieties and completely relies on informational systems and technology to operate. Heavily relying on the internet and IT systems led AirBnB to become in little over 8 years the leader in it’s market and the most worldwide renowned company to provide such service with it’s most proficient competitor FlipKey hosting “only” 300.000 listings. (FlipKey 2016)
2. Analysis of the impact of IT on …show more content…
Businesses that operate in different sectors and that produce a large number of products often tend to have many functional areas, the functional areas are key departments in the organization, our days in the era of technology all functional areas for most organizations will heavily rely on IT, partly because of its efficiency and partly for its rapidity, thus making information systems of vital importance for a company. (Help, H.