How does a two-sided marketplace like Airbnb work?
How does a two-sided marketplace like Airbnb work? The purpose of a two sided marketplace platform is to facilitate interaction between buyers and sellers. The sides of the market can find each other and exchange value on a trustworthy platform, and the platform – typically – charges a commission or another kind of each transaction.
What is unfair advantage in Airbnb?
The reason why experts and hoteliers think that Airbnb has the unfair advantage is that Airbnb hosts can provide lower prices than the hotels as they don't have to comply with safety requirements, fire safety codes, paying government taxes (Llewellyn, 2014).