The company was founded by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk in San Francisco during 2008 where they became one of the first to peer-to-peer services that specialized in housing accommodations. The founders were traveling to a conference in 2007 but couldn’t pay for their housing, so two of the founders decided to rent out part of their apartments in order to help pay for the cost of the trip. This sparked their idea. The founders wanted to change the way that people thought about travel. In 2009 they partnered with Y Combinator and expanded its limited offerings. They continued their expansion and capital raising efforts to eventually grow its operations internationally by acquiring Accoleo. Airbnb now has operations in 191 countries and is able to rent out a room, a home, or even a castle for a night or longer.
How Airbnb Expanded
Airbnb is located in over 191 countries and continues to expand internationally. They have even been able to establish operations in Cuba and other countries where its legality might be in question. By doing this they have created a niche that caters to travelers; including: high spenders, penny pincers and everyone in between.