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Airbnb Going for Gold – Tokyo 2020 (2021) Executive Summary- International Business

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Summary of 6 pages for the course International Business at (Executive summary)

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Aantal pagina's
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2021/2022
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Airbnb Going for Gold – Tokyo 2020 (2021) 1




Airbnb Going for Gold- Tokyo 2020 (2021)

Emmanuel Arias Ramirez

Saint Thomas University

International Business

, Airbnb Going for Gold – Tokyo 2020 (2021) 2


Airbnb Going for Gold- Tokyo 2020 (2021)

Executive summary

In the case presented on AIRBNB: Going for Gold -Tokyo 2020, we can see how the

author does a complete task of what has been the evolution process of this company since its

foundation, showing how its directors through various marketing strategies, have managed to

penetrate the hospitality market by offering an unprecedented service, where the owner of the

property connects with the user or customer who requests it to rent for a few days, through a

well-established platform where payments and reservations are made.

It should be noted that the beginnings for the company in 2008 were not easy, however

thanks to technology together with this innovative idea, it was gaining market in the US through

voice to voice, where its growth was parabolic since 2009. The idea connecting travelers with

different cultures in different cities and countries, became the vision and mission of the

company, where its executive directors focused their efforts on achieving recognition from users,

with defined marketing strategies that took advantage of the boom of social networks,

applications and online shopping, to promote a different option for travelers who are looking for

accommodation, generating income for the hosts who provide the property, and offering a

hosting service where the customer does not pay for each person, as is normally done with

hotels, but per room or property.

Airbnb has been expanding over the years, managing to establish operations in more than

200 countries, Paris is a perfect example where the company is the number one option for

foreign visitors, likewise, they have managed to cover the Australian market, being a tourist

destination, much visited by foreigners as well. The efforts by Airbnb to be part of the different

world sporting events such as the Olympics in London and Rio de Janeiro, the Soccer World Cup
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