Index IntroductionThe environment before the birth of AirbnbThe new offer provided by airbnbHow has the market changed?IntroductionAirbnb is all called AirBed And Breakfast. Its headquarters are in San Francisco, California. Airbnb has infiltrated 190 countries since it was founded in 2008, driving the global boom in the sharing economy. Specifically, it helps users book a free room (for homestay facility) via the Internet, opening up the supply side of idle accommodation to meet the potential demand side. Its properties and trading volume have already begun to rival international hotels, in 2017 its room count surpassed that of the sum of the two top traditional hotels: Intercontinental and Hilton. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essayAirbnb is very convenient and has become the choice of travel, tourism, business and office. It allows customers to communicate in real time through Internet platforms and apps, makes the most of resources and saves many intermediate costs in hotel management, staff recruitment. In a public interview earlier this year, Airbnb executives said 300 million people used their service, and after a decade of growth, Airbnb was valued at more than $30 billion, making it the second largest unicorn company in the US after Ube.The environment before the birth of AirbnbThe birth of Airbnb coincides with the US financial crisis of 2008. Its huge impact caused severe losses to many industries in the US. The bankruptcy of large and small businesses and the wave of unemployment came, and the hotel sector could not be excluded. Affected by the economic crisis, the US hotel market suffered a severe supply shortage in 2006-2008, and the industry was unable to effectively meet market demand due to the cost dilemma, which offered a 'important development opportunity for Airbnb. headquarters of multinationals. Since the 1980s, the presence of multinational corporations in the United States has provided a large and stable market for the country's hospitality industry. Employees of U.S.-funded multinational corporations can create enormous business opportunities for the nation's hotel industry through business travel alone. According to the American Hotel and Lodging Association (2017), business travelers accounted for 44% of all hotel stays in 2007. Furthermore, tourism, one of the ten pillar sectors of the United States, represents a huge consumption force for the hospitality sector. According to the US Department of Commerce (2008), from 2006 to 2008 the number of visitors to the United States increased year over year. According to statistics from the American Hotel and Lodging Association, the number of hotel rooms in the United States in 2006 decreased compared to 2005, while the number of visitors increased, resulting in a shortage of places. Over the next two years, this dilemma became more pronounced, setting the stage for the difficulty of ordering hotels for the October 2007 American Industrial Design Conference and providing the best historical opportunity for Airbnb innovations in the lodging industry. The new offering provided by airbnbAirbnb provides an Internet-based and mobile Internet platform to help travelers find short-term accommodations, as well as to help owners rent out spare rooms, to create a fulfillment channel for idle assets. Homeowners with spare rooms publish information on the Airbnb platform, they can decide to.