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Thursday, 29 November 12

Airbnb - TravelNext Congres 2012

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Ole Ruch van Aribnb gaf tijdens het TravelNext Congres 2012 in Maarssen een inspirerende presentatie

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Page 1: Airbnb - TravelNext Congres 2012

Thursday, 29 November 12

Page 2: Airbnb - TravelNext Congres 2012

Airbnb is a trusted community marketplace for people to list, discover and book unique accommodations around the world

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 3: Airbnb - TravelNext Congres 2012

Shared Spaces

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 4: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Entire Homes

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Page 5: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Unique Spaces

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Page 6: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Kicking off the Sharing Economy with an air bed

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Page 7: Airbnb - TravelNext Congres 2012

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Page 12: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

10 million nights

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Page 13: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Follow the momentum

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Page 14: Airbnb - TravelNext Congres 2012

Airbnb / September, 2012 / Confidential

Slide Title

60,000 guests tonight

>10M nights booked

192 countries

30,000 cities

250,000 listings

10 offices

14

Global

250,000 nights booked YTD

400% increase in 2012

>4,000 listings

4 nights average stay

>125 nationalities visiting

Netherlands

Thursday, 29 November 12

Page 15: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

1 night in London

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Page 16: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Shifting Consumerism&So-Mo-Lo

Enablers of Success

Thursday, 29 November 12

Page 17: Airbnb - TravelNext Congres 2012

Shifting Consumerism

20th Century

Credit+Advertising+Individual Ownership =Hyper Consumption

21st Century

Reputation+Community+SharedAccess=Collaborative Consumption

from collaborativeconsumption.com

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 18: Airbnb - TravelNext Congres 2012

ACCESSWILL TRUMPOWNERSHIP

The Future

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 19: Airbnb - TravelNext Congres 2012

COMMERCE

1st Wave

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 20: Airbnb - TravelNext Congres 2012

SOCIAL

2nd Wave

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 21: Airbnb - TravelNext Congres 2012

COLLABORATIONOFFLINE

3rd Wave

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 22: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Trust & Safety

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Page 23: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Trust & Safety

€700,000 Host Guarantee

Thursday, 29 November 12

Page 24: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Trust & Safety

€700,000 Host GuaranteeWhen you book through Airbnb your property is covered for loss or damage due to theft or vandalism caused by an Airbnb guest for up to €700,000.

Thursday, 29 November 12

Page 25: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Trust & Safety

€700,000 Host GuaranteeWhen you book through Airbnb your property is covered for loss or damage due to theft or vandalism caused by an Airbnb guest for up to €700,000.

Secure Payments

Thursday, 29 November 12

Page 26: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Trust & Safety

€700,000 Host GuaranteeWhen you book through Airbnb your property is covered for loss or damage due to theft or vandalism caused by an Airbnb guest for up to €700,000.

Secure PaymentsAll financial transactions are facilitated through our secure system, ensuring peace of mind for guests and hosts alike. We hold guest payment until 24 hours after check-in to make sure guests are satisfied with their accommodation and to uphold host cancellation policies before payments are processed.

Thursday, 29 November 12

Page 27: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Trust & Safety

€700,000 Host GuaranteeWhen you book through Airbnb your property is covered for loss or damage due to theft or vandalism caused by an Airbnb guest for up to €700,000.

Secure PaymentsAll financial transactions are facilitated through our secure system, ensuring peace of mind for guests and hosts alike. We hold guest payment until 24 hours after check-in to make sure guests are satisfied with their accommodation and to uphold host cancellation policies before payments are processed.

Verified photography

Thursday, 29 November 12

Page 28: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Trust & Safety

€700,000 Host GuaranteeWhen you book through Airbnb your property is covered for loss or damage due to theft or vandalism caused by an Airbnb guest for up to €700,000.

Secure PaymentsAll financial transactions are facilitated through our secure system, ensuring peace of mind for guests and hosts alike. We hold guest payment until 24 hours after check-in to make sure guests are satisfied with their accommodation and to uphold host cancellation policies before payments are processed.

Verified photographyWe have a network of over 3000 photographers worldwide, taking pictures of our hosts’ listings. When seeing the ‘Airbnb Verified’ stamp on a photo, you have piece of mind that the photo is an accurate representation of the listing you want to book.

Thursday, 29 November 12

Page 29: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Trust & Safety

€700,000 Host GuaranteeWhen you book through Airbnb your property is covered for loss or damage due to theft or vandalism caused by an Airbnb guest for up to €700,000.

Secure PaymentsAll financial transactions are facilitated through our secure system, ensuring peace of mind for guests and hosts alike. We hold guest payment until 24 hours after check-in to make sure guests are satisfied with their accommodation and to uphold host cancellation policies before payments are processed.

Verified photographyWe have a network of over 3000 photographers worldwide, taking pictures of our hosts’ listings. When seeing the ‘Airbnb Verified’ stamp on a photo, you have piece of mind that the photo is an accurate representation of the listing you want to book.

24/7 Customer Service

Thursday, 29 November 12

Page 30: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Trust & Safety

€700,000 Host GuaranteeWhen you book through Airbnb your property is covered for loss or damage due to theft or vandalism caused by an Airbnb guest for up to €700,000.

Secure PaymentsAll financial transactions are facilitated through our secure system, ensuring peace of mind for guests and hosts alike. We hold guest payment until 24 hours after check-in to make sure guests are satisfied with their accommodation and to uphold host cancellation policies before payments are processed.

Verified photographyWe have a network of over 3000 photographers worldwide, taking pictures of our hosts’ listings. When seeing the ‘Airbnb Verified’ stamp on a photo, you have piece of mind that the photo is an accurate representation of the listing you want to book.

24/7 Customer ServiceOur world-class customer service team is available around the clock, anywhere in the world, via phone, email, and live chat, writing in 16 different languages and speaking in 6.

Thursday, 29 November 12

Page 31: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

As “So-Mo-Lo” has risen, Airbnb has risen

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Page 32: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Social Integration

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Airbnb / November, 2012 @OleRuch

Social Integration

Profiles

Thursday, 29 November 12

Page 34: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Social Integration

Profiles

As an Airbnb user, you take part in a community of people. You build your reputation through the experiences other community memebers have with you. Guests and hosts can only leave reviews after a confirmed reservation through the Airbnb platform. This means that Airbnb reviews are an actual reflection of a real experience had between users on the site, and experience drives reputation.

Thursday, 29 November 12

Page 35: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Social Integration

Profiles

As an Airbnb user, you take part in a community of people. You build your reputation through the experiences other community memebers have with you. Guests and hosts can only leave reviews after a confirmed reservation through the Airbnb platform. This means that Airbnb reviews are an actual reflection of a real experience had between users on the site, and experience drives reputation.

Social Connections

Thursday, 29 November 12

Page 36: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Social Integration

Profiles

As an Airbnb user, you take part in a community of people. You build your reputation through the experiences other community memebers have with you. Guests and hosts can only leave reviews after a confirmed reservation through the Airbnb platform. This means that Airbnb reviews are an actual reflection of a real experience had between users on the site, and experience drives reputation.

Social ConnectionsOur users can connect their Airbnb profile with their existing social networks, such as Facebook, LinkedIn and Twitter - giving the community a unified look at their social graph. This way you also can see where your friends have stayed and who they know on Airbnb. When you book with someone on Airbnb you are not only connecting with them, you connect with their whole social network.

Thursday, 29 November 12

Page 37: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Social Integration

Profiles

As an Airbnb user, you take part in a community of people. You build your reputation through the experiences other community memebers have with you. Guests and hosts can only leave reviews after a confirmed reservation through the Airbnb platform. This means that Airbnb reviews are an actual reflection of a real experience had between users on the site, and experience drives reputation.

Social ConnectionsOur users can connect their Airbnb profile with their existing social networks, such as Facebook, LinkedIn and Twitter - giving the community a unified look at their social graph. This way you also can see where your friends have stayed and who they know on Airbnb. When you book with someone on Airbnb you are not only connecting with them, you connect with their whole social network.

Sharing

Thursday, 29 November 12

Page 38: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Social Integration

Profiles

As an Airbnb user, you take part in a community of people. You build your reputation through the experiences other community memebers have with you. Guests and hosts can only leave reviews after a confirmed reservation through the Airbnb platform. This means that Airbnb reviews are an actual reflection of a real experience had between users on the site, and experience drives reputation.

Social ConnectionsOur users can connect their Airbnb profile with their existing social networks, such as Facebook, LinkedIn and Twitter - giving the community a unified look at their social graph. This way you also can see where your friends have stayed and who they know on Airbnb. When you book with someone on Airbnb you are not only connecting with them, you connect with their whole social network.

Sharing

The experience is inherently social - you are staying with someone. We’ve made it easy to share on social networks from researching a trip, through booking and even after the trip is finished.

Thursday, 29 November 12

Page 39: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Social Integration

Profiles

As an Airbnb user, you take part in a community of people. You build your reputation through the experiences other community memebers have with you. Guests and hosts can only leave reviews after a confirmed reservation through the Airbnb platform. This means that Airbnb reviews are an actual reflection of a real experience had between users on the site, and experience drives reputation.

Social ConnectionsOur users can connect their Airbnb profile with their existing social networks, such as Facebook, LinkedIn and Twitter - giving the community a unified look at their social graph. This way you also can see where your friends have stayed and who they know on Airbnb. When you book with someone on Airbnb you are not only connecting with them, you connect with their whole social network.

Wish ListsSharing

The experience is inherently social - you are staying with someone. We’ve made it easy to share on social networks from researching a trip, through booking and even after the trip is finished.

Thursday, 29 November 12

Page 40: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Social Integration

Profiles

As an Airbnb user, you take part in a community of people. You build your reputation through the experiences other community memebers have with you. Guests and hosts can only leave reviews after a confirmed reservation through the Airbnb platform. This means that Airbnb reviews are an actual reflection of a real experience had between users on the site, and experience drives reputation.

Social ConnectionsOur users can connect their Airbnb profile with their existing social networks, such as Facebook, LinkedIn and Twitter - giving the community a unified look at their social graph. This way you also can see where your friends have stayed and who they know on Airbnb. When you book with someone on Airbnb you are not only connecting with them, you connect with their whole social network.

Wish Lists

Airbnb Wish Lists are a new way to discover, collect and share Airbnb’s unique spaces. An endless stream of our properties around the world, it is an easy way to see what friends and other users like and recommend. So far uses have added 1 million hearts and 45% of daily users engage with Wish Lists, with 6,000 people adding new items every day

Sharing

The experience is inherently social - you are staying with someone. We’ve made it easy to share on social networks from researching a trip, through booking and even after the trip is finished.

Thursday, 29 November 12

Page 41: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

The Rise of Mobile

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Airbnb / November, 2012 @OleRuch

The Rise of Mobile

26% of traffic from mobile

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Airbnb / November, 2012 @OleRuch

The Rise of Mobile

26% of traffic from mobile...and it continues to growMobile users communicates faster, better and more often.

Thursday, 29 November 12

Page 44: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

The Rise of Mobile

26% of traffic from mobile...and it continues to growMobile users communicates faster, better and more often.

Award-winning applications

Thursday, 29 November 12

Page 45: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Innovating Locally

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Airbnb / November, 2012 @OleRuch

Innovating Locally

Build relationships

Thursday, 29 November 12

Page 47: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Innovating Locally

Build relationshipsA realisation that Airbnb spread from person-to-person, based on reputation, experience and the trust we built with the community.

Thursday, 29 November 12

Page 48: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Innovating Locally

Build relationships

Solve local problems

A realisation that Airbnb spread from person-to-person, based on reputation, experience and the trust we built with the community.

Thursday, 29 November 12

Page 49: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Innovating Locally

Build relationships

Solve local problemsBeing closer to our community, we can faster identify what real life problems we need to solve for them. This allows us to rapidly innovate products that supports our users needs.

A realisation that Airbnb spread from person-to-person, based on reputation, experience and the trust we built with the community.

Thursday, 29 November 12

Page 50: Airbnb - TravelNext Congres 2012

Airbnb / November, 2012 @OleRuch

Innovating Locally

Build relationships

Solve local problemsBeing closer to our community, we can faster identify what real life problems we need to solve for them. This allows us to rapidly innovate products that supports our users needs.

100 people that love you is more important that 1 million that kind of likes you...

A realisation that Airbnb spread from person-to-person, based on reputation, experience and the trust we built with the community.

Thursday, 29 November 12

Page 51: Airbnb - TravelNext Congres 2012

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Page 52: Airbnb - TravelNext Congres 2012

Amsterdam - 2008

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Amsterdam - 2009

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Amsterdam - 2010

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Amsterdam - 2011

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Amsterdam - 2012

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Page 57: Airbnb - TravelNext Congres 2012

Neighborhoods

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 58: Airbnb - TravelNext Congres 2012

Local Economic Benefits

Airbnb Guests$1,100

Hotel Guests$840

$310 hotel income

$360host income

$530local spending

$740local spending

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 59: Airbnb - TravelNext Congres 2012

Local Economic Benefits

Airbnb / November, 2012 @OleRuchThursday, 29 November 12

Page 60: Airbnb - TravelNext Congres 2012

Access is greater than ownership

100 people that love you is better than 1 million that kind of like you

Airbnb is about unique, local experiences - creating value & connecting with local communities globally

Thank you!

Thursday, 29 November 12

Page 61: Airbnb - TravelNext Congres 2012

Thursday, 29 November 12