In order to generate revenue for itself and its hosts during this difficult time, Airbnb has taken things online and are now offering Airbnb Experiences – virtually.Īirbnb Experiences was a platform where users could engage local guides and personalities for actual tours and hands-on activities. Even start-ups like Airbnb have not been spared, with the company expecting to lose up to one billion dollars in bookings in just the first half of 2020. When things do get back to normal, Airbnb will have the added benefit of another product to offer, along with its traditional business of bookings and in-person experiences.Īs someone who enjoys travel and new experiences, I’m looking forward to seeing how other travel companies adapt.įor more technology news, follow me on Twitter and/or connect with me on LinkedIn.With the recent COVID-19 travel restrictions, travel agencies, airlines, and hotels have been hard-hit by the loss in demand.

It’s also an example of how new, innovative products can be created as a result of a company adapting to circumstances.

While it’s highly unlikely that Airbnb will be able to generate the money that it does through its traditional business, Online Experiences enables the company to bring in funds despite the disruption of the travel industry. Not to mention, it provides hosts the chance to make money themselves. As video conferencing and live streaming continue to increase, and people look for new ways to be entertained and socialize with others, Online Experiences give people the opportunity to virtually travel and create new experiences from the convenience of their homes. With widespread stay at home and social distancing advisories, travel companies like airlines, hotels, and booking apps are being hit hard.Īirbnb’s Online Experiences is the company’s response to this challenging time. It’s no secret that travel has been one of the most impacted industries by the COVID-19 pandemic.

Airbnb experiences online