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Crowdfunding in the accommodation realm and pandemic times: The resilient case of CleanBnB


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Figure 1:

European crowdfunding transaction volume (Jan 2013–Oct 2016)Source: Crowdfunding: reshaping the crowd’s engagement in culture - European Commission, 2017
European crowdfunding transaction volume (Jan 2013–Oct 2016)Source: Crowdfunding: reshaping the crowd’s engagement in culture - European Commission, 2017

Figure 2:

CleanBnb start-up historySource: elaboration of CleanBnb Company presentation document, May 2021
CleanBnb start-up historySource: elaboration of CleanBnb Company presentation document, May 2021

Figure 3:

Rental apartments and revenue, CleanBnb, Jan 2016–March 2018Source: elaboration of CleanBnb 2018 pitch by direct interview with Francesco Zorgno (CEO)
Rental apartments and revenue, CleanBnb, Jan 2016–March 2018Source: elaboration of CleanBnb 2018 pitch by direct interview with Francesco Zorgno (CEO)

Properties under management over time

City Starting year Number of properties Spatial concentration
Milan 2016 Over 120 Central area and neighborhoods
Turin 2017 Over 110 Central area
Rome 2017 Over 120 Central area
Bologna 2017 Over 60 Central area and neighborhoods
Florence 2017 Over 80 Central area and neighborhoods
Others 2017 Over 500 Seasonal destinations (Adriatic Riviera, Sicily, Sardinia, Friuli), medium-size urban centres (Trieste, Bari, Ferrara, Palermo, Napoli, Verona, Padova, etc..)

Key success factors

Business model replicability Dynamic pricing Brand Awareness In-house platform Company reputation
Efficient and flexible operational cycle that enables the rapid activation of a new location with the combination of local resources and centralised coordination, ensuring the capacity for future growth. Dynamic pricing system structured in order to ensure high rates of property occupation managed at competitive prices. Unique brand at national level recognised by the owners of real estate. Widespread presence throughout the territory, with geographical diversification that guarantees seasonal reduction effect on total collections. Platform for the optimisation of Revenue & Reservation Centralised management, which coordinates operational structures in various locations, with autonomy in compliance with standards and Cleanbnb brand policy. Clusters of operator aggregation in the current phase of market concentration.
eISSN:
2182-4924
Język:
Angielski
Częstotliwość wydawania:
3 razy w roku
Dziedziny czasopisma:
Business and Economics, Business Management, other, Industries, Tourism, Hospitality, Travel, Event Industry, Leisure Industry, Sports and Recreation