How to develop website like airbnb




Introduction 

In the current scenario, one of the successful online businesses is the rental business and it is playing a vital role in this trendy world. Consequently, rental business has high emergence in the world market with advancements of high-end technologies. Hence this is the best way for entrepreneurs to start their online rental business. 
If you are interested in getting into action and setting up your own rental website, you might know where to begin. An essential part of the business is the working flow or suitable business plan. If you are not clear about the business plan, then without no doubt go with a successful and unique rental business model like Airbnb. 
Now you are ready with the best business plan and required business model for your business, but puzzled on finding the best rental script?
There are many solutions available in the market. But if you’re choosing for the best Airbnb clone, then RentALL will be suitable for you. Here is the blog explains how to develop a website like Airbnb.

Why build a website like Airbnb?

The innovative business model is changing the world as we know it. One of the innovative and successful business models is Airbnb.  Let me share some reasons on why to choose Airbnb like a model.
  • Uniqueness
  • Affordability 
  • Flexibility
  • Focus on customer satisfaction
  • Protection for guest and host
  • More space for less money

Features Should be in your Airbnb Clone

To build a marketplace platform that acts as an intermediary between host and guest. You have to satisfy the users in every aspect of their experience. Let’s look at the key features.

Peer to peer marketplace

It helps a large number of customers and providers to offer services to each other or rent out their belongings like a house, equipment, car, bike, boat, etc.

Location-based 

This platform connects both the sellers and buyers all over the world. In the location-based marketplace, they need to be physically close to each other. This feature allows the customers to search the providers according to their location and can view the results on the map. 

Online payment

It not only connects customers but also acts as a mediator for handling their payments. This is convenient for the customers and also safe and secure for both sides. The function of payment transactions gets simpler and safe.

Availability and booking management

When these platforms offer both services and rentals, it requires an availability management system so that providers can specify their availability and users can book according to the dates that suit them. These features satisfy the customer and also increase bookings.

Reviews after transactions

Build trust by using the review module. Each user has their own profile page with their names and images, it might be the easiest way for them to rate and review the website. 
Just see down for some of the prominent features 

Multiple languages 

Languages play an integral part in a rental business. Hence it offers multiple languages like Spanish, Italian, French, etc and allows to add many languages according to their location.

Multiple currencies

Just like languages, the currency is also the most important feature. To have a better and easy transaction, multiple currency options are added. This feature too has an option to add more currencies according to their location.

Canceling policies

In any uncomfortable scenario, booked rentals can be canceled as per their convenience.

Wish list

According to other features, wishlist also plays a vital role in their booking rentals. Desired rentals can be booked, and also wished rentals can be listed when it fits into the need.

Functionalities

It is a complex platform combining numerous features. The functionalities are based on the needs and requirements of both the host and the guest. Now let us see the functionality of both the host and guest.  

For guest

  • Manage profile information
  • Search for rentals according to their preferences
  • View listings
  • Easily view upcoming, past bookings and reservation details
  • Manage payment and view transaction history
  • Rate and review according to their idea

For host

  • Create their own page and become hosts
  • Manage personal page information
  • Manage information about listings like basic details, images, and prices
  • Communicate with the guest about bookings 
  • View present and past bookings
  • Manage payments and also view transaction history
  • Rate and review about the guest

Cost to build its own website

The design of the entire process of the website is divided into several parts according to their required specifications. The cost of the website depends on the below factors.
  • The size of the development team
  • The technical complexity of the features
  • Design of the platform.

Revenue factors

There are two ways to earn revenue from rental marketplace websites. They are,
  • Commission from hosts/owners
It deducts a flat 10% commission from the hosts for every booking done through the platform. Hosts also have to pay a 3% fee for the processing of the payment from the guest.
  • Transaction fee from the guest
Allows earning from transaction fees from the guest by collecting 6-12% as a service fee for every confirmed booking. This fee is non-refundable. 

Ready to build your own website

I thought this blog might have helped you understand and provided you some idea of features, functionalities, cost and revenue factors. 
You should not try to compete with Airbnb by copying what they’ve done. Instead, you should have your own target and uniqueness to fulfill the customer needs and requirements. Now, this is the perfect time for you to build your own website like Airbnb with the help of this blog.
This article originally published here
Location: WY-230, Encampment, WY 82325, USA

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