How Does Airbnb Make Money? Airbnb Peer to Peer Business Model Explained
As a peer to peer network, Airbnb allows individuals to rent from private owners for a fee. In fact, Airbnb charges guests a service fee between 5% and 15% of the reservation subtotal; While the commission from hosts is generally 3%. Airbnb also charges hosts who offer experiences a 20% service fee on the total price.
The digitalization happened in the last two decades has facilitated the creation of a peer to peer platform able to disrupt the hospitality model that was created in the previous century by hotel chains like Marriott, Holiday Inn, and Hilton.
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