AirBnB vs Booking.com….your preference?

Having spent the last week immersed in ‘Platfirms’ (platform businesses) I now have some time to reflect as we leisurely wind our way through the French Pyrenees. In preparing for this trip I drew on my favourite accommodation platforms Airbnb and Booking.com. I’ll be up front and say I do have a preference for Airbnb. However, Booking.com tends to come into its own when looking for more affordable accommodation in the larger cities or towns. Putting this aside however, and reflecting on one of the key messages I have been making around relationship-centred measures over simple activity measures, I can…

The Age of the ‘Platfirm’

Platfirm? Is this a made up word? Well actually, yes. It’s the term Open Knowledge has coined to describe businesses whose core business model is the platform. The ‘Platfirm Age’ is the theme of this year’s social business forum (#SBF16) held in Milan, Italy each year. Essentially a ‘platfirm’ is a firm that facilitates exchanges within a business ecosystem of suppliers and consumers. The popular examples of ebay, Airbnb, Uber and Amazon are regularly talked about in platform conversations. In opening the forum, Open Knowledge Co-founder Rosario Sica provided some compelling statistics to demonstrate that we are indeed in a…