Sam McDonagh, currently the Country Manager of Airbnb Australia and New Zealand, although as non-executive director of RNT, he definitely is adding value to the business development.
RNT, could attract agent's rentals listing from REA, and possibly creates some unique functions to replicate Airbnb suscess?
Airbnb is worthy more than $20b.
Business model
Airbnb runs on a marketplace platform model where it connects hosts and travelers and enables transactions without owning any rooms itself. Such platforms disrupt traditional industries by creating new sources of supply and relying on curation for developing quality. Unlike traditional hotels, Airbnb scales not by scaling inventory but by increasing the hosts and travelers and matching them with each other.
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