For anyone not familiar with the BNB market; it's essentially the means to rent a spare room(s) in your home to anyone from around the world.
http://betabeat.com/2012/01/airbnb-ceo-brian-chesky-airbnb-new-york-city-hosts-average-21k-21000-01232012/I firmly believe that Bitcoin is the ideal currency for the global short-term rental markets which is a multi-billion market. AirBNB alone is worth more than a billion and that's just one company.
AirBNB and others like it charge guests a fee for each day that they rent (6% to 12%). They also charge the hosts a 3% fee. But Bitcoin can fix all of that. If a guest and host has a prior business relationship (prior rental) and trust one another, those fees could be out the window since the payment can be sent internationally with an extremely reduced cost of the transaction.
The use of an escrow service to facilitate transactions between hosts and guests could also work for rentals between hosts and guests that aren't familiar with one another.
