WEHOME, Legal Home Sharing of Korea Beyond Hospitality
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WEHOME is the only legal home sharing platform in Korea with a special license from the government. 위홈은 한국 유일의 합법적인 공유숙박 플랫폼입니다.
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WEHOME, Legal Home Sharing of Korea Beyond Hospitality
- 1. Legal Home Sharing of Korea Beyond Hospitality WEHOME June 2020
- 2. WEHOME Problem Illegal Home Sharing: upto 75% listings of Airbnb in Seoul. Domestic guests can’t stay legally. Market monopoly by Airbnb in Korea Coronavirus redefines the Home Sharing. Global travel stops 2
- 3. WEHOME Solution ICT Regulation Sandbox Special License for legal Home Sharing given to WEHOME by the Korea Government Local platform focused on Korea Housing beyond the hospitality for travelers 3
- 4. 3.46 849m 이내* 96.54 Airbnb 공유숙박 숙소 분포* WEHOME Licence Scope Seoul Subway Line 1~9 4,000 Hosts within 1Km from the station 4 WEHOME 4
- 5. WEHOME Market Validation 17,000 Rooms Airbnb rooms in Seoul In June 2020* 6,000,000 Travelers Korean travelers in 2018 (intrabound: 2,000,000)** 56% Growing Growth rate of users From 2017 to 2018 * https://www.airdna.co/vacation-rental-data/app/kr/default/seoul/overview ** https://www.naon.go.kr/content/html/2019/12/24/e8ccfd06-c448-4b91-a2e3-3046b6a1ded4.html 5
- 6. WEHOME Market Size ₩73 B Travel market of Korea Total Available Market In 2015* ₩24 T Online travel market in 2018 Serviceable Available Market ₩240 B Booking with WEHOME 1% of Available Market 6 * https://www.mcst.go.kr/kor/s_notice/press/pressView.jsp?pMenuCD=0302000000&pSeq=15996 ** http://www.traveldaily.co.kr/news/articleView.html?idxno=17406
- 7. WEHOME Product Home Sharing: housing beyond hospitality HomePro: total service for Home Sharing 7
- 9. WEHOME Business Model We take a10% of service commission from the host. 15,000 Rooms of 4,000 Hosts 50% Booking Rates Transaction amount : ₩199.8 B (15,000 X 50% X ₩70,000 X 365) Revenue : ₩19.9 B (10% of transaction volume) ₩ 70,000/Night* * https://www.airdna.co/vacation-rental-data/app/kr/default/seoul/overview 9
- 10. WEHOME Market Adoption On-demand Housing Hospitality Partnership Carestay Bizstay Studystay Instastay Modelstay Hanokstay Urbanstay MICE events in Seoul 10
- 11. Collaboration WEHOME Market Adoption Housing: Carestay for Samsung Medical Center WEHOME Coverage WEHOME Marketing for patients and their family Supporting Hosts Platform 11
- 12. WEHOME Competition Home Sharing HousingHospitality Illegal Legal Local Global 220 countries 12
- 13. My Home My Second Home Anywhere WEHOME Beyond Hospitality On-demand Home Home as a Service
- 14. WEHOME Competitive Advantages LEGAL LOCAL ONLY PLAYER IN KOREA HOUSING BEYOND HOPITALITY EXPERIENCED AGILE TEAM COLLABORATION WITH THE GOVERNMENT MARKET RESHAPING 14
- 16. WEHOME Press WEHOME realizes the Korean version of Airbnb MoneyS 조산구 위홈 대표 "한국판 에어비앤비 이제 현실이 됩 니다" 총리·부총리 다 달라붙은 공유숙박 Prime Minister and Deputy Prime Minister stick to the Home Sharing Seoul Economic Daily Outstay for COVID19 quarantine in Seoul Edaily `코로나19 자가격리 지원` 공유숙박, 서울서 첫선 보 인다 16
- 17. Global No.1 Korea No.1 Home Sharing WEHOME 17
- 18. WEHOME WE HOME ME WELCOME HOME 18 Society Planet People
- 20. W Thank You 20