Airbnb, Sustainable Competitive Advantage — Business Strategy and The Key Success Factors

In 2008, three recent college graduates Chesky, Gebbia, and Blecharczyk, started a website called Airbed & Breakfast(which became Airbnb) to allow people to rent out part of their homes to travelers — An alternate for expensive hotels. The idea itself was not new, and the market already had similar websites — HomeAway.com, VRBO.com, Couchsurfing.com, BedandBreakfast.com, and Craiglist.