The answer to the dilemma of where to stay in a foreign city is simple for many experienced travellers: Airbnb. Airbnb has earned a reputation as a simple service that allows users to save money on trips, meet friendly people, and live like a local since its introduction in 2011.

What exactly is Airbnb?

Let’s take a look at how Airbnb got its start before we consider how to build a website like it.

When Brian Chesky and his partner Joe Gebbia couldn’t afford to pay their rent, they came up with the idea for Airbnb. They decided to turn their living room into a bed and breakfast for three visitors, complete with a delicious prepared breakfast. They were able to generate some funds this way, and then began looking for investors to help fund their firm.

Airbnb clone app now refers to itself as a “peer-to-peer marketplace.” To put it another way, Airbnb is a service that lets you rent out your space. It has the same fundamental functions as any other booking site, but with one significant exception. Unlike most booking sites, which aggregate hotel and motel room offerings, Airbnb connects people who are looking for a place to stay with those who want to make money by renting out their own private living spaces.

Travelers (or guests) and hosts are the two sorts of users on Airbnb. Admins, on the other hand, make sure that all interactions between visitors and hosts are smooth.

Airbnb’s most important features and how much they cost

It’s crucial to know which features are primary and which are secondary when creating an MVP. First and foremost, let’s take a look at the features that should be readily apparent in a service like Airbnb and similar ones.

Due to the fact that the service is utilised by both guests and hosts, there are a few crucial characteristics to consider.

When it comes to the amenities provided to visitors, they should be able to:

Locate a location to stay.Look through the classified ads.Order requests should be managed.Details about reservations and bookings can be found here.Please leave feedback and ratings.Pay attention to payments.

There are some specific functions that hosts should be able to do, including:

Make And Send Requests Construct And Manage Their Sites Deal With Listing Information Connect With GuestsLook At The Reservation InformationWrite TestimonialsControl The Ways Of PaymentThese Characteristics And Capabilities Should Be Incorporated In Any Project That Is Similar To Airbnb Since They Allow For The Creation Of A Tailored Experience For Each Us

Let’s start with the most important features:

Sign-in/Sign-upCreating a ProfileOptions for Searching and FilteringDetails about the apartment in the listingBooking & Wishlist Management Availability & Booking ManagementNotifications from the payment systemDashboard for the Admin

When developing this feature, you should think about allowing customers to establish two types of profiles: passengers and hosts.

How Much Does It Cost To Create A Website Like Airbnb?

If you want to start an Airbnb-style website, you should be aware of two key milestones. First and foremost, you must determine how much you will pay for the entire process, from start to finish. Then add up the costs of just the website development.

The cost is determined by the type of team you select—in-house or outsourced, the tools you employ, the features you select, and a few other factors.

Now, we’d like to help you figure out how much money you’ll need to start your own business. We’re going to sum up all of the charges here.

The first step is to:

30 hours to plan the project

Implementation of the REST API will take about 30 hours.

Database modelling takes about ten hours.

Approximately 20 hours for the implementation of services and libraries.

All of this would set you back between $2500 and $3000. The things listed are the most vital, but it is evident that the website should incorporate a lot of other significant characteristics.

The Price of the Essential Features

To figure out how much a future Airbnb-like website would cost, start by estimating all of the features you want:

45-90 hours for sign-in/sign-up20-30 hours to set up a profile90-120 hours of search and filtering options90-110 hours to list a propertyDetails about the apartment: 12-24 hoursSystem of reservation: 30-40 hoursSystem of payment: 80 hoursNotifications are sent out every 80-110 hours.80-90 hours for the admin dashboard

When choosing a team to design your website, keep in mind where they are located, as rates vary drastically depending on where an IT business or team is located.

Conclusion

Airbnb revolutionised the property rental sector and now controls a significant portion of it. Nonetheless, this sector provides a plethora of chances for young entrepreneurs, particularly for niche Airbnb-like companies.

We showed you the very approximate estimates for Airbnb features in this article. Furthermore, keep in mind that all of these estimations are for the creation of your MVP’s first version. The current version of the Airbnb platform costs the corporation hundreds of thousands of dollars.

On the other hand, it should not deter you because everything great begins with a small step. Furthermore, you can always outsource development to save at least half of your development budget while still getting a scalable platform.

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