International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 6 (November-December 2025) Submit your research before last 3 days of December to publish your research paper in the issue of November-December.

The Rise of Airbnb: Growth and Influence in the Hospitality Industry

Author(s) Vedhika Karthik
Country India
Abstract Hotels and resorts have dominated the lodging sector for decades. However, in the past decade, Airbnb has taken the world by storm, transforming from niche player to a mainstream player revolutionizing the global hospitality industry. Airbnb uniquely sits at the intersection of consumer behavior, technology, and demand for unique homely accommodations. This research paper discusses how Airbnb draws upon the concepts of consumer behavior, segmentation, product life cycle, sharing economy in their growth strategy, regional expansion strategy, revenue trends, customer loyalty, and impact on the economy. Market case studies discuss how Airbnb adapts to local conditions. While Airbnb is a competitor to hotels, it is a disruptive innovator that offers an alternate value proposition, and not a substitute to the hospitality industry although it does create new regulatory and social issues. Overall, Airbnb’s strategy discusses how it has become a significant and enduring player in the global hospitality industry.
Keywords Airbnb, Hospitality industry, Consumer behaviour, Market segmentation, Growth strategies, Regional expansion, Platform-based business, Peer-to-peer accommodation, Alternative lodging, Tourism demand, Short-term rentals
Field Business Administration
Published In Volume 7, Issue 6, November-December 2025
Published On 2025-11-26
DOI https://doi.org/10.36948/ijfmr.2025.v07i06.61541
Short DOI https://doi.org/hbdrg9

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