Airbnb enables homeowners to offer their couches, spare rooms or entire homes for rent for short stays, and the company has become a network of over 25,000 active hosts in 190 countries. More than twenty million guests have booked thirty million nights on the platform since it was founded in 2008. The beauty of the proposition lies in the experience. For the host, it’s now easy to operate a “hotel,” however modest, with global reach of potential guests. Meanwhile, the guests can request anything from a room in a shared apartment with a local host to a country estate or a villa by the sea. This is obviously a more local experience than staying in a characterless hotel, advertised with the slogan “belong anywhere.” The experience is also easy. You search for a city, list the number of guests and number of nights and ask for a room in a shared home (with the host) or an entire home (without the host). Then you’re able to specify a particular neighborhood, host language or amenities. Finally, you scroll through the matched listings and reviews. Many guests make their bookings entirely on the basis of the reviews. When you arrive, you meet the host, receive the keys and get advice about the property itself as well as what to do in the neighborhood. After your stay, you are encouraged to review the host and the property, and your payment is transferred. Get the full story at Entrepreneur