Airbnb is an online marketplace connecting travelers with hosts offering unique accommodations, from private rooms and apartments to luxury villas and boutique stays. Founded in 2008, Airbnb has revolutionized the hospitality industry by enabling people to monetize their extra space while providing guests with affordable and personalized lodging experiences across the world.
"Imagine a world where you can stay anywhere like a local. Airbnb is a global marketplace that connects travelers with unique places to stay, from cozy city apartments to beachfront villas. With Airbnb, hosts earn by sharing their space, and guests get an affordable, authentic experience—anywhere in the world. It’s not just about booking a stay; it’s about unlocking a new way to travel."
At its core, Airbnb provides a unique, affordable, and community-driven alternative to traditional hospitality. It connects travelers with local hosts, offering authentic, diverse, and often more affordable accommodation options while enabling hosts to monetize their spaces effortlessly.
I conducted my research with 7 users who actively travel and use online booking platforms, including Airbnb. The users have diverse backgrounds, ranging from freelancers and students to startup founders and corporate professionals. Their travel behaviors, accommodation choices, and pain points were analyzed to refine Airbnb’s growth strategy and onboarding experience.
Go through all the user interviews here.
Based on the user interviews, we've narrowed it to 3 different ICP types:
1. Comfortable Luxury Travelers:
These travelers prioritize comfort, reliability, and premium experiences. They often switch between luxury hotels and Airbnb but are drawn to Airbnb’s spacious, high-end stays that blend local charm with modern luxury. While they love the unique, home-like feel, inconsistent service and a lack of concierge options make them hesitant, leading them to compare Airbnb with hotels before booking.
2. Travel Enthusiasts:
These travelers explore frequently and value flexibility, local experiences, and affordability. They switch between Airbnb and hotels depending on location, cost, and availability. Airbnb attracts them with authentic stays and better group travel options, unlike other stays that have inconsistent service and strict cancellation policies, which are major pain points that are addressed in Airbnb. They choose Airbnb for its space, privacy, and local immersion.
3. Budget Travelers:
Highly cost-conscious travelers who seek affordable stays over premium experiences. Airbnb appeals to them for lower prices, shared stays, and better privacy than hostels. They remain loyal if Airbnb ensures transparent pricing and better quality in budget stays.
Criteria | ICP 1 | ICP 2 | ICP 3 |
Name | Comfortable Luxury Travelers | Travel Enthusiasts | Budget Travelers |
Age | 30 - 45 | ​22 - 35 | 18 - 26 |
Gender | Male, Female | Male, Female | Male, Female |
City | Tier 1 2, 3 | Tier 1, 2 | Tier 1, 2, 3 |
Where do they work? | Startup, Corporate, Contractor, Business | Startups, Corporate, Freelancers, Career Break, Business | Freelancer, Contractor, Software agency, Students |
Job Roles | Business Owner, Associate Director, Senior leadership roles | Developers, Analysts, Marketing Manager, Designers, Freelancers | Students, Designers, Junior Developers |
Marital Status | Single, Married, Married with kids | Single, Married with kids | SIngle |
Income levels | 12 - 45+ LPA | 10 - 25 LPA | 5 - 14 LPA |
Most Used Apps | Facebook, Instagram, Slack, Whatsapp, Zomato, Linkedin, BookMyShow, Grow | Swiggy, Netflix, Instagram, YouTube, Amazon, Urban Company | Instagram, Rapido, Netflix, Tinder, Redbus |
Hobbies / Leisure Activities | Movies, Foreign Trips, Explore different foods, Parties | Weekend Trips, Social Media, Self Improvement, Trekking, Spend time with kids | Go on dates and hang out with friends, Parties, Bike Raids, and movies |
How often do they travel? | Once in 3 months or once in 6 months | Twice a month, once every 2 months | Twice a month, once in 6 months |
While travelling, what do they prefer: time or money? | Time | Both | Money |
Average spending during travel | 30k - 4L | 15k - 1L | 5k - 30k |
Accommodation spending per night | 3.5k - 10k | 2k - 6k | 800 - 2k |
Stay duration per trip | 2 days to 2 weeks | 2 days to 7 days | 1 day to 5 days |
Pain points during travel | Hidden fees and Poor hygiene | Booking not getting accepted by the hotel after arrival, Photos not matching the stay | Hidden Fees, Reservation not being accepted, and payment issues |
Other online booking platforms they use? | Agoda, Hotels.com, Booking.com | Booking, Trivago, Agoda | MakeMyTrip, Booking, Zostel |
Reason for choosing Airbnb? | Luxury and convenience | Family-friendly options and Great customer support | Local experiences, cost-saving |
Most Desired Feature | Recommendations and Personalisation | Communication with the host and Accurate Images | Easy to filter stays based on requirements, map view and price range |
Criteria | Adoption Rate | Appetite to Pay | Frequency of Use Case ​ | Distribution Potential | TAM ( users/currency) ​ |
ICP 1 -(Comfortable Luxury Travelers) | High – Prefer Airbnb for premium stays, but compares with hotels | High – Willing to pay for comfort & unique stays | Medium – Travel occasionally for work/leisure | High – Can be targeted via premium travel partnerships & concierge services | 🧍‍♂️ Large: High-spending segment in urban & business hubs |
ICP 2 - (Travel Enthusiasts) | High – Actively switch between Airbnb and hotels | Medium – Budget-conscious but value quality | High – Frequent travelers who explore new places High–frequent | High – Strong word-of-mouth & social media-driven adoption | 🧍‍♂️🧍‍♂️ Larger: Digital nomads, frequent travelers, and explorers |
ICP 3 - (Budget Travelers) | Medium – Use Airbnb when it's cheaper than hostels/hotels | Low – Highly price-sensitive, seeks the cheapest options | Medium – Travel when budget allows | Medium – Requires discount-driven acquisition strategies | 🧍‍♂️🧍‍♂️🧍‍♂️ Largest: Mass market segment, students, backpackers |
From the ICP Prioritization Framework, we can see that ICP 1 and ICP 2 can be focused upon since the market for these users is large enough and the users have a good adoption rate, appetite to pay & high frequency of use of the product!

Who: We'll be validating the JTBD for ICP 1 and ICP 2
What: The ICP struggles to find time for travel but is eager to explore new places. Traditional hotels often feel overpriced for the value they offer, with limited satisfactory options. They’ve tried platforms like MakeMyTrip, Agoda, and Booking.com, but hidden charges and poor customer support made the experience frustrating, especially when issues arose. Airbnb emerged as a game-changer, offering affordable, home-like stays with the added benefit of local hosts acting as guides, helping them discover hidden gems in each city.
Why:
Goal Priority | Goal Type | Ranking | JTBD | Validation approach | Validation |
ICP 1 -(Comfortable Luxury Travelers) | Personal | Primary | To have a seamless, premium stay experience with top-notch amenities. | User interviews | "When I travel, I want to worry less and enjoy myself. I don’t want to deal with check-in hassles or basic stays—I want something that feels special and effortless." |
Social | Secondary | To stay in aesthetically pleasing and exclusive places that align with their lifestyle. | User interviews | "I love places that are beautifully designed. If I’m spending money, I want the place to be unique and feel premium, not just another generic hotel room." | |
ICP 2 - (Travel Enthusiast) | Personal | Primary | To explore new places frequently while having a reliable and smooth accommodation experience. | User interviews | "I travel a lot, and I don’t want to waste time worrying about whether my stay is going to be clean, safe, or convenient. It should just work." |
Finacial | Secondary | To find great stays at fair prices without unexpected costs. | User interviews | "I don’t mind spending, but I hate hidden fees. Just show me the real price upfront so I can decide without second-guessing." |

Things that are working and can have a high chance of Activation are highlighted considering ICP 1 and ICP 2 based on the Onboarding teardown.
Based on the user interviews, we've narrowed their time to activation and their activation metrics below:

We've curated hypotheses to track activation metrics from the available data:
Hypothesis | Justification | Commitment Impact | Retention Impact | Referral Impact | LTV |
|---|---|---|---|---|---|
| Early booking indicates strong intent and satisfaction with Airbnb’s offerings. A seamless onboarding experience, competitive pricing, and trust in hosts drive this. Users who book early are more likely to return. | Medium | High | Medium | Medium |
| Creating wishlists shows engagement and future booking intent. Users browsing and saving properties are exploring Airbnb as a long-term option rather than just comparing prices. | High | High | Medium | High |
| When users discover a stay they like, they often discuss it with their travel group before booking. Encouraging easy sharing increases engagement and conversion. | Low | Medium | High | Medium |
| Users who engage with hosts or read reviews demonstrate trust-building behavior, reducing booking hesitation. Encouraging this behavior can improve activation rates. | Medium | High | Medium | Medium |
| Referrals show strong advocacy and trust in the platform. Users who successfully refer others are often more engaged and likely to book more frequently. | Medium | High | High | Medium |
| Repeat bookings within 60 days indicate that Airbnb has become their go-to option for travel stays. Ensuring high-quality experiences encourages this behavior. | High | High | Medium | High |
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