The Cost of Making an App Like Airbnb

In this article we will go all the way through the making of an app like Airbnb, getting rid of potential losses and calculating the future costs.

Every product has a price tag on it, and with a cost to create an app similar to airbnb many questions might become resolved from the very beginning. For the start, a wise step to make would be an MVP-version for iPhone first, to test product’s performance and viability.

Universally-known fact - applications like Uber and Airbnb are considered to be the most progressive ways of human within-society interaction, as there are two factors they help with:

They help to build a “sharing economy” model, a system where assets or services are shared between private individuals, either free or for a certain fee.

More to this, the globalization aspect comes into play; as we live in the century of Internet, more free space and more interest to travelling and foreign cultures, it results in the rise of lodging reservation website or app development.

Regarding safety issues, an important one is an insurance you need to provide - but don’t try to hit the 10000000 dollar one Airbnb currently holds; remember that Rome was not built in a day, and Chesky together with Gebbia once started with a 50 000 $ of insurance compensation per person.