From ride-hailing to financial services, Vietnamese people are now more open to using shared products Photo: Shutterstock Letting strangers into your home might not sound like a good idea to all. Neither, on the flip side, is letting yourself into the home of a complete stranger. But for tens of thousands of Vietnamese users of Airbnb, the idea is not just good, it is brilliant. Launched in 2009, Airbnb is the world’s biggest accommodation-sharing site with five million listings across 191 countries. Letting people rent out their properties or spare rooms to guests, Airbnb takes 3 per cent commission from every booking from hosts, and 6-12 per cent from guests. According to the Homesharing Vietnam Insights Report recently released by Outbox Consulting, a Vietnamese startup specialised in smart travel-oriented solutions, since its launch in Vietnam in 2015, Airbnb’s listings have soared by 97 per cent annually in Ho Chi Minh City, 112 per cent in Hanoi, and 111 per cent in the central city of Danang. The total listings of Airbnb rose from 1,000 in 2015 to 6,500 in 2016, 16,000 in 2017, and 40,804 earlier this year. Currently, the once-newbie to the Vietnamese market has become a major player… Read full this story
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