Hansum & Buff Jayden
What of the following are not value propositions AirBnB has for its customers?
A) Trust
B) Variety
C) Unique Experience
D) Passion for learningD) Passion for learning
Is it illegal to have AirBnB all around the world? Yes or No?
Being a small company, Air Bnb has the lowest market capitalisation compared to other big hotels. True or False?
False
Onefinestay acquired AccorHotels to offer hotel-like services in the high-end houses. True or False?
False
Did technologies made it easier for sharing economy to work? Yes or no?
How much do professional photographs increase booking frequency by?
A) 2 times
B) 2.5 times
C) 10 times
D) Infinity to Beyond...
How long can you rent out your HDB apartment in Singapore through AirBnB?
A) 6 Months
B) 3 Months
C) 12 Months
D) I live in a pineapple under the sea
What is meant by an “disruptive industry”?
1) When a smaller company with many resources is able to successfully challenge established businesses
2) When a larger company with many resources is able to successfully prevent smaller companies from entering into the industry
3) When a smaller company with fewer resources is able to successfully challenge established businesses
4) When a larger company with many resources is able to successfully challenge smaller companies who entered into the industry
When a smaller company with fewer resources is able to successfully challenge established businesses
Which is not an area that hoteliers are calling for regulations on Short-term Rental Industry?
A. Property Law
B. Taxation
C. Security
D. Room Service
What is not a factor that we believe is an indication that the sharing economy will continue to grow?
1) Increase in revenue
2) More people breaking the law
3) Increase in user base
4) Government support.
Who are the founders of AirBnB? [Hint: 3 Founders]
Brian Chesky, Nathan Blecharczyk, Joe Gebbia
How does the issue of 80% saturation awareness of AirBnB leads to the slow growth of the company?
As more people becomes aware of AirBnB, the profits drive competitors into the market and makes it more competitive for AirBnB. In other words, the growth rate of AirBnB will slow due to slowing growth of awareness and usage.
How have Air BnB affected the housing industry in New York City?
Housing units have been converted into short term rentals. Tenants are being chased out by their landlords because it is more profitable to rent through Airbnb. This caused a decrease in the supply of residential housing units and an increase in price of rental cost.
What are the three solutions that Hoteliers use to tackle the disruptions?
Make use of airbnb; Innovate to compete with Airbnb, call for regulation of the short-term rental industry
Name 2 factors of advancement in technologies we discussed that lead to the growth of sharing economy.
Any two:
Mobile devices, Internet connections, Big data analytics, Low cost storages (e.g. Cloud), Social Media (Online Reviews).