The generation today is seeking on-demand solutions for nearly everything. The travel and hospitality industries are not any different. That’s the rationale apps like Airbnb now hold around 15% of the share within the total vacation rental market.
Airbnb has dominated the marketplace for the previous couple of years, due to its features and on-demand services at economical prices. It’s a one-stop solution for travellers, whether or not they want to book hotels, apartments, experiences, and more. along side the travellers, the app is additionally helping the hosts to seek out new consumers easily for his or her homes and apartments. Today, Airbnb is serving quite 190 countries.
Many businesses within the travel and hospitality industries are now trying to find an identical app like Airbnb development to grab the market share. the most questions for these businesses are: what proportion does it cost to create an app like Airbnb? What are the essentials features to be integrated within the app?
In this article, we’ve answered both these questions perfectly.
Key features for an app almost like Airbnb
Airbnb may be a two-way marketplace- one for travellers, and second for the hosts. the specified features are going to be developed on the idea of both the marketplaces.
Sign up & log in (both travelers & hosts)
New users should be ready to register their accounts with an email address, telephone number , or Gmail account. Once registered, there should be an immediate option for logging in.
Account management (both travelers & hosts)
Users should be ready to update their account details, just like the photo, email, contact number, date of birth, address, also as password.
Messaging and notifications (both travelers & hosts)
There should be chatting features in order that the traveler can message the host, and receive instant replies and notifications, and the other way around .
This is a must-include feature, enabling a seamless customer experience. Users should be ready to type within the places, dates, pricing, etc. during a search bar and find the specified results.
Save for later (travelers)
While browsing the hotels, experiences, or homes, the users should be ready to wishlist or save these for later.
Payment methods (travelers)
Integrate multiple payment methods and currencies, allowing users to pay with the choice of their preference. you’ll also enable discounts with coupons.
Booking history (both travelers & hosts)
Allow users to see their past, recent, or upcoming bookings.
Integrate maps to permit users to see location, distance, nearby places, etc.
Reviews (both travelers & hosts)
Travelers should be ready to rate their experience and post the review. Whereas, hosts should even be ready to rate the travelers.
Support (both travelers & hosts)
Include an FAQ section, along side an choice to seek support if they grind to a halt somewhere.
Allow hosts to simply accept or decline the travel requests.
Integrate a sharing button that permits users to refer the app to others.
Total cost to develop an app like Airbnb
App like-Airbnb development cost will depend upon several factors, like whether you would like it for Android or iOS, or both, design, team, features, technologies used, etc.
Let’s consider $50 per hour because the monetary value per hour for the project. Following may be a break-up of the value on the idea of key factors:
Planning: Nearly 25 hours
API implementation: Nearly 25 hours
Database setup: 12 hours
Sign-up feature: 12 hours
Account management feature: 24 hours
Filter feature (whether to register as a traveler or host): 24 hours
Details: it’ll take around 180 hours to line up all the small print associated with rooms, photos, reviews, ratings, specifications, maps, pricing, and terms of service.
Sharing feature for referral: 24 hours
Save for later feature: 10 hours
Multilingual feature: 4 hours
Recommended places and locations: 10 hours
Navigation: 15 hours
Messaging feature: nearly 35 hours
Host settings: Around 100 hours
Backend development: Around 600 hours
Other services: 20 hours
It will take a complete of nearly 1120 hours to finish the project. With $50 per hour, the entire cost of an app like Airbnb are going to be around $56,000.
The features mentioned above are crucial to be integrated into an app like Airbnb. While the value may be a bit high compared to other businesses, it’s the potential to get a revenue of around $900 million per annum . Also, remember that the value could also be slightly lesser or morePsychology Articles, counting on the experience of mobile app developers hired and therefore the technologies used.