Airbnb is the first place we would check to see the list of places we would love to stay when vacationing or traveling for other purposes. Airbnb simplifies our process of finding a likable place to stay to a great degree. Launched in 2008, Airbnb is one of the most preferred platforms for booking vacation rentals.
As many as 393 million bookings were made on Airbnb in 2022, amounting to a revenue of $8.3 billion. Over 6.6 million listings can be found on Airbnb. The online vacation rental marketplace is a booming sector.
If you are looking to take advantage of the current trends and want to develop an app like Airbnb, you may have the question of how much it costs to build an Airbnb clone app.
Here, we discuss the business model of Airbnb and how much it costs to build an Airbnb clone app.
How Does the Airbnb Clone App Work?
The Airbnb clone app business model has two user groups- guests and hosts. Both groups have distinct apps with a separate set of features that enable them to perform their tasks according to the respective group.
To build an app like Airbnb, we should understand how Airbnb works.
How Does Airbnb Work for Guests?
Step 1: Users can register on the website. They can use their email ID or contact numbers to sign in.
Step 2: Setting up their profiles requires them to add a profile picture & give their basic details.
Step 3: Our product allows guests to search for places to stay using filters like location, price, and type of stay.
Step 4: Also, let users go through the pictures of the place to help them decide. If the guest is satisfied, they can request a stay.
Step 5: The guest will then receive a confirmation regarding their stay, and they can proceed to pay for their stay with any of the payment modes available on the software.
How Does Airbnb Work for Hosts?
Step 1: Users wanting to rent out their spaces can register as hosts on the software.
Step 2: Hosts can give the details of their properties for guests to look up and decide. It includes location, cost of stay, and more.
Step 3: They can upload photos of their space so that guests can decide if that is the kind of place they would be interested in.
Step 4: The host receives a notification when a user requests to stay. They can then discuss the details of their stay. The Airbnb clone also has features that let the host reject the request from a guest.
Airbnb Business Model
Understanding the business model of Airbnb gives you insights that can be helpful when you want to build your Airbnb clone app. The business model of Airbnb is two-sided. It connects property owners and people looking for accommodation. Hosts can list their properties on the
Airbnb app and guests can book the place.
Airbnb Revenue Model
If you are curious how an app like Airbnb can make money, it charges a service fee from hosts and guests.
- Airbnb charges the guest a certain amount when they make a booking on the Airbnb website on the Airbnb app. It usually falls in the range of 6-10%.
- For every booking of their property, the host pays an amount. They pay about 3% of the total amount.
However, the fee charged by Airbnb can also vary on several factors like city, demand, cancellation policy, etc.
Factors that Define the Cost of an Airbnb Clone App
The cost of developing an Airbnb clone depends on many factors. Let us have a look into what they are.
1. Development Platform
The type of the app or, in other words, the platform on which the app is built is one of the key factors determining the cost of an Airbnb clone app. You may want to develop native apps specific to a platform like Android or iOS. Another option is building a cross-platform app that is compatible with multiple OS.
Native apps are costlier than cross-platform apps as they take longer to build.
2. Complexity of the App
The level of complexity of an app depends on the functionalities and integrations it comes with. A less complex app would require fewer resources and time to develop, hence lesser cost. The price of your Airbnb clone app goes up as it gets complex with more features and elaborate design.
Depending on your business goals, you can choose a simple-to-do app or a complex one.
3. Technologies Used
The technology and framework used for app development impacts the cost of the Airbnb clone app. It is important to note that utilizing certain technology can bring down or increase the overall price of the Airbnb clone app.
4. Maintenance
The app development cost does not end with app deployment. App updates, fixing bugs, and further improvements may incur extra charges.
How Much Does it Cost to Build an Airbnb Clone App?
Now that we understand what factors may influence the cost, let us learn how much it costs to build an Airbnb clone app.
There are two options when it comes to building your Airbnb clone app. You can develop it from scratch or go for ready-made solutions.
1. Developing From Scratch
You can have the development team build your Airbnb clone app from scratch, tailored to your business needs. It involves several steps and, therefore, is time-consuming. As a result, it gets expensive when compared to clone apps.
On the other hand, custom app development has advantages of its own. Here, you have complete control over deciding the features and functionalities of the Airbnb-like app. You can focus on the individual aspects and develop a unique and high-performing app that helps you stand out from competitors.
Developing an app like Airbnb can cost anywhere from $15,000 to $50,000.
2. Ready-made Solution
The Airbnb clone app development team customizes the pre-built app to meet your goals. It requires less development time than custom app development. Hence, it comes with a far lower price.
You can find the Airbnb clone app starting from the price range of $3000.
AirStar: A Complete Solution for Your Online Vacation Rental Business
Our Airbnb clone app is easily one of the best options if you are looking to start an online vacation rental business. You can quickly launch your online vacation rental business with our Airbnb clone script.
By partnering with us, you can enjoy many perks, including free logo design, free bug support, and app submission. We offer a powerful admin panel that lets you manage the app operations efficiently, host and guest panels. Android and iOS apps are available to help you target a vast audience.
In Conclusion,
Several factors come into deciding the price of an Airbnb clone app. Custom app development and clone app solutions have their pros and cons. Also, the price range of one is vastly different from the other. You can choose how you want to develop your Airbnb clone app depending on your business needs and budget.
Hope this blog provided you with enough information to help you decide.
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