1 / 10

Cost to Build a Travel App like Airbnb in 2023

Building a travel app like Airbnb in 2023 can be a lucrative business idea, but it comes with significant costs. The total cost to build such an app varies based on the features, design, platform, and development team's experience. Generally, the cost can range from $50,000 to $500,000 or even more, depending on the complexity of the project.

mobenture
Download Presentation

Cost to Build a Travel App like Airbnb in 2023

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Cost to Build a Travel App like Airbnb in 2023 Many travel apps, such as Airbnb, create booking tickets, compare prices, and make accommodation accessible with just a few taps of your smartphone. Due to this, the online travel industry has grown in popularity. This is a great investment opportunity for those who want to make a name in the travel industry. This article will explain how to develop and what is the cost to build an app like Airbnb. Airbnb is the best travel app and it can be helpful for businesses to examine the operation of Airbnb. This is why we are starting this article by learning more about Airbnb. So, let’s begin and try to figure out the development cost of an app like Airbnb. What is Airbnb? What is Airbnb? Airbnb is an online lodging marketplace that allows people to list and rent apartments worldwide. This online marketplace is a great place to find short-term rentals and lodging. In addition, you can create one of the best apps like Airbnb to connect people looking to rent their vacation homes to others finding a place to stay. It is impressive how revolutionary Airbnb’s concept is. It has revolutionized the way people search for apartments. The Airbnb-like app development experience from scratch allows guests to rent a private room from a local relative while they are abroad.

  2. The best features of the Airbnb mobile app The best features of the Airbnb mobile app Here are some exciting features to integrate while you build an app like Airbnb. 1.Register Registration is the most crucial feature in Airbnb app development. While it is common for users to fill out all information themselves, allowing them to sign up/log in via social media credentials is more profitable. 2. Profiles We just saw that when you invest in an iPhone or Android Airbnb Clone app, you don’t only invest in one version of the app but all three versions. The Host, Guest, and Admin versions will have the most extensive profiles. At the profile creation stage, you will need to gather information about users’ names, email ids, dates of birth, phone numbers, payment methods, etc. Then connect it to your secure backend structure to ensure all information is safe. 3. Multiple Filter Options The best feature for the Airbnb app development is the filtration option. You can filter by property type, cost range, date, and exactness to find the perfect location. You can even put your specific interests in the app, and they will let you know when you are ready to finalize. 4. Room Details There are many factors that users consider when choosing a room. For example, the uploaded images, the view from the room, reviews, ratings, room description, property location, room rent, TnCs, and other factors. In addition, they may also consider the host reviews. 5. Translation Google Translate allows users to translate any description in the property listing into their native language. This makes it possible for your Airbnb app development to reach more people in their native language and increase engagement. When deciding on the cost to build an app like Airbnb app, don’t forget to consider localization and other challenges. 6. Map incorporation Maps are another feature you should consider when calculating the development cost to build an app like Airbnb. This is the only way for users to select the location they want to spend their vacation. In addition, the map integration will likely be so strong that even remote areas can be found in the applications like Airbnb.

  3. 7. Backend Implementation The server-side portion of an application is the most challenging to develop. This is especially true when multiple users interact and make real-time payments. Therefore, this note must be exact and professional to ensure that the Airbnb clone application works as it should. 8. Messaging Apps like Airbnb make it easy to send and receive messages. However, you must provide a push notification function to notify hosts and guests of any replies to their messages. This will increase your app retention and conversion. 9. Add to Favorites When estimating the cost to build an app like Airbnb on iOS and Android, another feature you should be aware of is the ability to add favorites. This allows guests to save their property to book it later or for shortlisting among the many options. 10. Invitation to Friends An Airbnb-like app allows users to invite their friends. This can be a lucrative way to promote your mobile app. You should let your friends ask you via social media, email, or messages. 11. Multiple Options You should offer multiple settings options to your users. These include profile editing, accepting push notifications, and changing payment methods. Users can also modify their wishlists. If you offer more options, end-users will feel more at home working with your application. However, adding more features to your Airbnb clone app will also increase costs. These are the most common features to add to build an app like Airbnb, and they play an essential role in the Airbnb app development cost breakdown. However, the technology stack in all Airbnb clone app clones is almost identical, and their contribution to the final Airbnb app. You need to have a tech stack to build an app like Airbnb. You need to have a tech stack to build an app like Airbnb. Multiple technologies are required to develop an Airbnb app for Android or iOS. • • • • Software creation languages: JavaScript, Kotlin, or Swift Front-end frameworks include Express.js, React.js, and Angular. Ruby on Rails and Meteor, Node.js, and Django are examples of backend technologies. Server-side technologies include Amazon Web Services (AWS), Microsoft Azure and OpenStack, Digital Ocean, APIs-based marketplace software, Google Cloud, and Microsoft Azure. Redis and Nginx are providers of caching services at the network level. All databases required are MySQL, Microsoft SQL Server, and MongoDB. • •

  4. What is the revenue model for Airbnb App? What is the revenue model for Airbnb App? Understanding how to make money when creating an app like Airbnb is crucial. This section will help to understand the monetization model for vacation rental apps like Airbnb. Below are some revenue models: 1.Commission A fixed commission fee, which is approximately 3 percent, is charged by the hosts for every booking. Guests are required to pay between 6 and 12 percent of the non-refundable fee for maximum bookings. The type of listing will affect the percentage. This means commissioning is the only way to monetize your hospitality or travel app development business. 2. Transaction charges The travel app will charge a fee for each completed booking and then close the transaction. This is a great way to make massive revenue for travel apps. 3. Listing Fees The property listing fees are the next revenue stream that can help grow businesses when developing a tour and travel app like Airbnb. There is a fee for every listing that you make on the app. 4. Advertisement This is the most enhanced way to earn, as many brands want to advertise in the app while users use it. These brands are promoted by paying a fee. 5. Property Verification Fees There are additional charges to verify that the properties listed on the application are correct. The property owners pay this fee to confirm that the property is available for stay. 6. Top Listing (Promoted) Hosts may want their property to appear at the top of search results. Therefore, promoted listing is subject to a charge. This allows the app to make a decent income and keep various properties at the sponsored listing. 7. Photography charges Airbnb employs photographers to take high-resolution photos of properties to increase demand. If hosts use this service, they will need to pay for it. However, it is a great way to make money if your app is like Airbnb.

  5. How to develop an app like Airbnb? How to develop an app like Airbnb? Now that you have received a better insight into Airbnb, it’s time to start the development procedure using these essential steps. • Research Research is a crucial part of your app development project. To create a highly-converting app, you must understand your audience and competitors. You can use surveys online or interview your target audience for more specific research results. Do good research • • • • • • Learn the demography of your audience Understand your competition clearly Know the size of your market Indicate the USP of your product Calculate the cost to build an app like Airbnb Know the places you will be covering • Your app design Poor design and poor user experience are two reasons why many apps fail. Focus on color codes, fonts, and elements when designing your app. These factors can be improved to create a seamless user experience. A good strategy is to make a prototype of your design or to record it beforehand so that you can see how it looks. You can start with a paper sketch or make a digital prototype to get an idea of your app’s appearance. • Make your own app Before developing an app, you must know what type of app you are building. There are two types: Native apps and cross-platform apps. Native apps are only compatible with one platform; cross-platform apps work on multiple platforms. An app that only works on iOS or Android is called native. A cross-platform app, however, is compatible across multiple platforms. In addition, because you can reuse the code, a hybrid platform allows for a shorter development time. • Front-end Development The app’s front-end development ensures smooth onboarding and an easy-to-use user experience. A clean, impressive front end is essential to attract new customers and retain your existing customers.

  6. Programming languages such as Javascript, Kyle, or Swift can be used with front-end frameworks, React.js and Vue.js. For a better user experience, ensure you have a great UX/UI design. • Backend development Although the user uses the front-end interface, the app’s core functions are done in the backend. For example, the backend processes data storage, API calls, and retrievals. The most common backend technologies used are: • • • Ruby on Rails Django Node.js Server-side technologies • • • • Amazon Web Services OpenStack Google Cloud Azure • Test After you have completed your app development, make sure you test it thoroughly to ensure its functionality. App success is dependent on app testing. Unfortunately, even a tiny hack can lead to years of lost work. Mobile app testing checklist: • • • • • • • Usability Security testing Performance Speed testing Tests for compatibility Installation testing Testing for interruption Now, you can deploy the app on platforms such as Play Store and App Store. Promote your app This is the next step: getting your app in the hands of your target audience. Again, both traditional and digital marketing is possible. These are the most popular strategies for marketing your app

  7. • • • • • • • • • Marketing via social media SEO optimization Traditional marketing: Newspaper ads, TV commercials, and billboards Content creation for websites App awards available Refer a friend Host giveaways Organise internal competitions for app users Offer discounts Encourage customer ratings on other digital platforms. • Maintenance To win long-term, your app must be maintained and updated after you have entered the market. To fix the problems in the future, collect feedback from customers and consider it to improve the issues in the subsequent updates. You need parallel testing to ensure everything goes smoothly in an app like Airbnb. What is the cost of developing an app like Airbnb? What is the cost of developing an app like Airbnb? This section will give you insight into the cost to build an app like Airbnb. Determining the cost of any app you are developing is crucial so you can budget accordingly. These are some factors that could impact the overall app development cost. 1.Size of the team Every project requires creating a team, including a project manager and developers. This team creates an app like Airbnb. 2. App Platform Depending on the market reach and budget, you choose the platform to host your app. For example, if you are targeting a small number of people, you can choose one platform, such as iOS or Android. On the other hand, if your market is more extensive, you can opt for cross- platform app development because it provides greater reach. 3. App Complexity Level The complexity level is determined by the number and type of features included in the app. The cost of developing an Airbnb clone app will be lower if your app only has basic features. This is not the case for advanced features. 4. App Designing The cost of developing an Airbnb clone app is determined by the design of the app. The total development cost can be affected by the tools and visuals used. Standard designs are more

  8. affordable. However, if you have a unique design or customization, it will increase the overall cost. What Apps are Similar to Airbnb? What Apps are Similar to Airbnb? Here are some Airbnb similar apps providing the same services to their end users. 1.HomeToGo The app offers holiday aggregators. It lists 17 million properties from all over the world, including Western & Eastern Europe. In addition, HomeToGo provides customer service for guests and hosts in eight languages, including English, Russian, Polish, Italian, and Spanish. There are more than 500,000 downloads. The features include profile verification, search results, compare prices, filter options, saving favorites, property listings, booking requests, etc. 2.FlipKey The world’s largest holiday rental marketplace, this site hosts more than 300,000. It offers several features, including Check-in and check-out; Property profile & data storage; Search & filter; Free-to-list option; Payment gateway; Instant booking services; User profile information. In addition, Flipkey’s innovative pricing model, pay-per-booking, allows guests to book reservations, and only then do they have to pay. 3.OneFineStay This company offers the best in hospitality. The company’s unique selling point is its luxury stays, providing guests with exceptional experiences and homes in their preferred destinations. You can browse their homes, villas, and chalets in over 50 countries. 4.Vrbo The app is similar to Airbnb, allowing users to search for accommodation from more than 2 million locations in 191 nations. This includes 65,000 cities, which both hosts and guests can use. The app has over 1,000,000 downloads. Its main features include a search filter, user profile information, virtual assistant, photos, reviews, property descriptions, book & pay 24-hour service, in-app payment modes, in–app messaging feature, and share tips with your friends. 5.Bookings.com The app has more than 27,000,000 accommodation options across the globe and manages a lot of travel inventory like TripAdvisor. This app is an accommodation specialist. Booking.com owns a variety of online travel companies, including Agoda and Rentalcars.com. Priceline and Kayak are also among them. You can download over 1,00,000,000 of its features, including hotel comparison, signup, discounts, in-app payments, hotel reviews, booking site requests, accommodation searches, and hotel reviews.

  9. FAQ 1.What is a travel app? Depending on the type of travel app, it can help travelers book transport tickets, book accommodation, or buy experiences. It can also help them navigate new places. 2.Can I create an app similar to Airbnb? It is possible if you have the right developers and enough experience in software development. In addition, this app must be well-designed to compete against apps like Airbnb, which offers many features. 3.Where can I find the best developers to hire? Hire top-notch app developers from a company like Mobenture. 4.How much does it cost for a travel app to be built? The final cost of creating a travel app depends on its complexity and features. Developers will need to be more skilled, which in turn, increases the cost. Essential travel apps can start at tens or thousands of dollars, while the cost to build an app like Airbnb can be more. 5.What is the best travel app? A search engine with filters and a listings database is essential for any decent travel app. 6.How can travel apps make money? You can choose a monetization model for your travel app to make money, like in-app ads or freemium, in-app purchases, paid apps, etc. Let’s now see what the total cost is – the conclusion. Now it’s time for you to get serious about business. The cost to build an app like Airbnb depends on its functionality and the type of approach the company is seeking. Get in touch with Mobenture if you want your app to develop like Airbnb’s and give your startup an energy boost.

  10. Contact Us 311, 4893 Clarendon street, 311, 4893 Clarendon street, Vancouver, BC, Canada V5R3J3 Vancouver, BC, Canada V5R3J3 +1 (778) 668 +1 (778) 668- -8846 8846 info@mobenture.com https://www.mobenture.com/

More Related