Airbnb is to move into the business of designing homes via its new Backyard project, which it is expected will be unveiled in 2019.
It is reported that Backyard will introduce new concepts, including rethinking designing housing based around a system for living rather than simply a physical property.
Properties designed under Backyward will be ‘Airbnb optimal’, ie. suitable for short term rental and co-living but not exclusively so as single family and even multi-family designs will be offered. It is said that they are also likely to incorporate technologies such as modular building and smart home technology.
Founder Joe Gebbia is reported to have said that Backyard is “an endeavour to design and prototype new ways of building and sharing homes.”
Airbnb has so far been quite vague about what Backyard will encompass. However at this stage it’s difficult to forecast how concepts such as co-living and modular building – which the UK has not yet really embraced – would work should Backyard be offered here.
What is DealMakerz Prime?
In depth stories
Want to know the story behind Britain's latest property mogul? Why a company is going bust? Our coverage goes beyond run-of-the-mill news on key real estate issues.
High powered community
Our subscribers are made up of the most influential Founders and CEO's in UK property. Gain a competitive edge and get informed - read what they read.
Exclusive guest articles
Understand exactly what the most senior figures in UK property are thinking. Exclusive opinion articles from powerful real estate influencers that move markets.