II. Company Overview
This Section's Contents
You can download our Airbnb Business Plan Template (including a full, customizable financial model) to your computer here.
Who is [Company Name]?
[Company Name], located at [insert location here], is a new Airbnb space focused on providing accomodation with a clean and modern character that is attractive to visitors to the area. The [Company]’s rooms will feature modern furniture, high-end technology and modern accessories.
[Company Name] is owned by [Founder’s Name]. While [Founder’s Name] has been in the Airbnb hosting industry for some time, it was in [month, date] that he decided to launch [Company Name]. Specifically, during this time, [Founder] took a business trip to [City, State]. During his trip, [Founder’s Name] could not find a mid-level, Airbnb in the downtown area. After visiting several Airbnb options in the city and learning of the expected growth in travel to [City], [Founder’s Name] clearly recognized an opportunity that an Airbnb would enjoy significant success in this area.
Specifically, the local demographics, business demographics and competitive situations in [City] were so favorable to the success of this Airbnb idea that he knew it would work.
[Company Name]’s History
Upon returning from [City], surveying the local customer base and online market, estimating travel growth, and finding a potential Airbnb location, [Founder’s Name] incorporated [Company Name] as an S-Corporation on [date of incorporation].
The Airbnb development operations are currently being run out of [Founder’s Name] home office. Once the land rights have been purchased, operations will be run from an on-site location to ensure that every detail is being thought out and completed.
Since incorporation, the company has achieved the following milestones:
- Found site location and signed the land deed purchasing rights to the land.
- Developed the company’s name, logo and website
- Hired an architecture firm to create a blueprint of the Airbnb home
- Taking bids from construction crews and electrical engineering firms
- Determined equipment leasing and financing requirements
- Began recruiting key employees with experience in the industry
[Company Name]’s Products/Services
Below is [Company Name]’s initial service offerings and amenities provided.
Single Room
- Two Double Beds or One Queen Bed
- Workspace
- Modern Bathroom
- Daily Cleaning
- Toiletries
- Complimentary Coffee, Tea, and Chocolate
- TV with Cable
- Wireless Network
Whole apartment
- Sitting Room area with Workspace, Couch and TV.
- California King bed
- Luxury Bathroom with Jacuzzi and Shower
- Daily Cleaning
- Toiletries
- Coffee, Tea, and Hot Chocolate
- Fully-equipped kitchenette with oven, microwave, refrigerator, pots, pans, etc
- Dining area with dining table
- Flat Panel TV
- Wireless Network
- Complimentary Slippers and Bathroom Amenities
The Airbnb location will also have 5 dedicated parking spots which should suffice even in peak parts of the travel season as guests will often not have cars with them.
[Company Name] plans to be open 7 days a week, 24 hours a day, to take care of all guests’ inquiries and issues as they may arise. As demand dictates, we may extend or reduce our services and hours.