In the past few years, the gig economy has seen a massive rise and the increasing number of Airbnb is a testament to it. This fact indicates that knowing how to build an app like Airbnb can be beneficial.
People have a misconception that the vacation rental niche is oversaturated. However, they are unaware that giants like Airbnb own only 10-15% of the vacation rental market. It leaves almost 40-45% of the market open for other startups to develop Airbnb clone apps.
If you have an interest in developing an app like Airbnb and would like to know everything about it, read this blog. We will discuss:
Did you know that the global vacation rental market size was estimated at $82.63 billion in 2022? This figure is likely to grow at a CAGR of 4.7% from 2023 to 2030.
In terms of region, Europe is a dominant market player, with a share of 34.62% in 2022. It highlights Europe’s interest in catching up with the growing trend of glamping and accommodation bookings. In the coming years, the UK is likely to become the fastest-growing market in the region, with a CAGR of 5.8% from 2023 to 2030.
[Also Read - How to Develop Travel App - Features, Cost & Technology Stack]
Airbnb is a dynamic app with two types of users - guests and landlords. For successful mobile app development like Airbnb, you need to understand the user’s and host’s points of view.
Airbnb works on a simple business model where it allows spare apartment or house owners to earn extra money by renting it. Guests from all over the world can make bookings in various locations.
Along with iOS and Android, Airbnb supports smartwatches so users can receive notifications faster and stay updated about any changes.
Airbnb’s main revenue model is booking fees. Depending on the reservation size, guests are supposed to pay a 6-12% booking fee. As for hosts, they must pay 3% for every transaction.
Developing a robust app like Airbnb can be a daunting task. But with careful execution and planning, you can simplify the task. You can follow these steps:
You must identify your target audience before diving into app development. By knowing your audience’s preferences, needs, and demographics, you can design an app that fulfills their specific requirements.
[Also Read - How to Build AI-Powered Apps in 2024: A Step-By-Step Guide]
After identifying your target audience, your next step is to choose features that you want to add to your app. This is your chance to differentiate your app from competitors. Select features wisely and fill the market gap with your robust app.
You can choose to develop your app on Android, iOS, or both. The key is to get on board with the platform that best aligns with your goals and audience.
Choose the best mobile app development company so you can get experienced developers to work with you. Make sure the development team you choose has prior experience in developing travel apps.
[Also Read - How Much Does It Cost To Hire App Developers In Florida?]
Your app’s UI needs to be intuitive, user-friendly, and easy to navigate. You should hire a designer who can create an impressive user interface that meets your target audience’s needs.
Remember that your app’s backend is the engine that powers it. So, you must focus on developing a robust backend that can handle the app’s features and user traffic.
Thoroughly check the app to ensure that it works properly. Before launching, if you come across any issues or bugs, fix them and then proceed with deployment.
After your app is ready, you can launch it. Make sure you develop a launch strategy to reach your target audience effectively and quickly.
Once your app is launched, you must monitor it regularly for issues. Regularly updating the app will keep you competitive in the market. Take into consideration the user feedback to continuously improve your app.
[Also Read - Challenges and Solutions in Travel App Development]
When you develop a vacation rental app like Airbnb, you must add these advanced features:
It's a useful functionality because people don’t like filling in long details to sign up for an app. Users can quickly register for an app using their social networking platforms.
This feature helps send instant alerts and notifications to users, encouraging them to take action. For instance, if a guest makes a request, the host is instantly notified. Or if there’s a change in bookings, users are notified.
When developing the Airbnb clone app, add a voice assistant feature. It’s a helpful hand-free tool that can handle several jobs and services, such as taking phone calls & providing basic information or scheduling travel, tickets, hotel rooms, and other services.
Weather forecasting is an essential feature that helps users look at weather predictions and book accommodations accordingly.
Using the latest live exchange rates, the currency converter feature makes it simple and quick for users to convert one currency to another. It makes calculating the exchange rate for currencies easier.
With the help of this function, users can translate the descriptions into their native tongue. Here’s how this feature works: Google Translator receives a specific description and does the translation work. The text is then translated into the target language, bridging the communication gap between the host and the visitor.
This function lets users search for apartments, cafes, landmarks, and more in the area they want to visit. Here, visitors can use a map to choose the perfect place to stay. This functionality makes it easy for guests to search for accommodation if they want to stay at a particular place that is not on the list.
Upon requesting a stay, the visitor and host can start a conversation to go over all the specifics of their stay. This makes it easy for the host and visitor to get in touch whenever needed.
Several documents need to be exchanged between the hosts and the visitors to book a stay. This feature makes it easy to transfer the documents.
The content management system can be used to manage the content posted on the app. This system monitors users' content to better handle and improve user engagement.
Loyalty programs are an effective means of maintaining users' loyalty to a brand. Discounts and vouchers are given to users as a token of appreciation for their loyalty, which motivates them to stay connected to the app.
The settings option that you provide to users must allow them to edit their profiles, accept or reject push alerts, select their preferred payment methods, and edit their wishlists. The more options you provide to your users, the more comfortable they will be while navigating your app.
Besides the advanced Airbnb app features, you must also add these third-party integration services into your Airbnb clone app to make it better than your competitors:
As per your audience’s interest and geographical location, you can add a few other third-party integration services as well.
When creating an Airbnb clone app for a single platform with the most basic functionalities, the cost will be $25,000 and $30,000. But if you want to develop the clone app for both iOS and Android platforms with advanced features, the cost can increase up to $50000–$60000.
Remember that it's just an estimate. To calculate the actual cost, you need to consider these factors:
Here are the average hourly prices for each region:
Do you want to create an app similar to Airbnb? Look no further than Protonshub Technologies, a leading app development company with years of experience.
We work with a team of professionals with prior experience in developing Airbnb clone apps. Our team uses the best Airbnb mobile app tech stack to exceed your expectations.
You can research our past projects and check client reviews to understand how our team works. This will provide you with a brief overview of our capabilities and success rate in creating similar apps.
Remember, when you choose us, you are selecting a reliable mobile app development company. We leave no stone unturned when it comes to developing a complex app like Airbnb.
Airbnb clone app development requires you to use technologies like React Native (for cross-platform development, MongoDB (for database), Node.js (for backend), and AWS for hosting.
The process of developing an Airbnb clone app is complex because the app requires several must-have features. So, it is not possible to reduce the time and cost of Airbnb app development. If you still do it, you will end up compromising on the quality.
You can reach out to Protonshub Technologies to create an Airbnb clone app. Our team has vast experience in creating vacation rental apps.
When developing an Airbnb clone app, you must consider legal aspects like data privacy regulations, terms of service and user agreements, intellectual property rights for the app’s branding and design, and compliance with local regulations.
"Senior Content Writer"
Ekta Singh is a rookie food experimentalist and k-drama fan with 4+ years of experience in writing. Bridging gaps between companies and customers through conversion-driven content is her forte. She believes in writing stories for a living and living life for exploring places.
Subscribe to Weekly - Get five biggest headlines in blockchain straight to your inbox
AI in E-commerce: 8 Ways It’s Transforming the Business
Top Emerging Web Design Trends for 2024 and Beyond [Updated]
Best Practices For Your Mobile App Security in 2024
Create Stunning App & websites for your online business.
Create Stunning App & websites for your online business.
Fill all the necessary information below
Fill all the necessary information below
Fill all the necessary information below