{"id":290,"date":"2020-09-25T22:11:19","date_gmt":"2020-09-26T02:11:19","guid":{"rendered":"https:\/\/digital.hbs.edu\/platform-hbapideation\/submission\/airrv-bringing-the-world-to-your-rv-door-at-the-click-of-a-button\/"},"modified":"2020-09-27T21:23:16","modified_gmt":"2020-09-28T01:23:16","slug":"airrv-bringing-the-world-to-your-rv-door-at-the-click-of-a-button","status":"publish","type":"hck-submission","link":"https:\/\/d3.harvard.edu\/platform-hbapideation\/submission\/airrv-bringing-the-world-to-your-rv-door-at-the-click-of-a-button\/","title":{"rendered":"AirRv | \u201cBringing the World to your RV door, at the click of a button.\u201d"},"content":{"rendered":"

VISION AND VALUE PROPOSITION:<\/strong><\/p>\n

Through the implementation of advanced technology, via utilization of algorithms, data analytics and mobile applications; a digital platform will bring together a global solution for driveway homeowners (hosts) to RV owners (renters) by synergistically aligning each other through the subletting of driveway space to renters while creating efficiencies in the location, price, and convenience, not seen to date in this industry.<\/p>\n

~ \u201cBringing the World to your RV door, at the click of a button.\u201d<\/p>\n

THE PROBLEM:<\/strong><\/p>\n

RV ownership has steadily increased over the last decade. Since the onslaught of Covid-19, the demand for physical units and rental parking spaces has reached a 1000% increase in bookings, in 2020.\u00a0 RV parks cannot keep up or offer enough space for people to park in a specific location overnight.\u00a0 Campsite bookings have seen a 500% increase in demand for 2021, according to Forbes.\u00a0 On top of the demand for space and units, the current RV rental market for parking is expensive, limited in highly desired locations, an arduous process in procuring a rental space, and existing rental spaces are subpar for the dollar spent, offering inadequate, very basic amenities.<\/p>\n

The current model of RV park rental spaces primarily is offered via physical real estate ownership, which is now a day of the past.\u00a0 This model provides no flexibility in rental locations, expensive rental fees to renters, and zero revenue income to hosts\/homeowners providing their space to RV owners.\u00a0 RV parks continue to grow in overhead costs of ownership due to taxes, upkeep of maintenance requirements, and employee expenses.\u00a0 The subletting of driveways across the US is an untapped supply opportunity.\u00a0 This massive market space is ripe for the encapsulating upon, and ready for the launch of an innovative RV platform rental model.<\/p>\n

TARGET MARKET AND OPPORTUNITY:<\/strong><\/p>\n

The targeted market is ALL<\/strong><\/em> households across the United States that can offer a driveway space which can be sublet or rented.\u00a0 As well as ALL<\/em><\/strong> RV owners and renters of these assets, who are looking for a physical location to rent into.\u00a0 All, sites and classes of households with driveways are considered a business revenue stream for AirRv.\u00a0 Households that are closer to beaches, popular events, common areas of interest would be more attractive and in high demand to platform users.<\/p>\n

In 2019, 139 million households were reported as physical space, in the US, according to the US Census Bureau.\u00a0 This reported data represents driveways of homeowners and the opportunity of the potential rental space to be sublet for the RV user and income for the host. According the Annual Camper Report, in 2016, the overnight vehicle camping demand was 42 million participants and 446 billion total days camped annually.\u00a0 As of 2018, only 13,000 private RV parks were in business, and 1,300 State parks available in the United States.\u00a0 Since March 2020, Covid-19 has skyrocketed the demand for RV purchases and overnight parking.\u00a0 A new trend is being created, and a solution large enough to satiate the requirement has not been developed to date.<\/p>\n

THE SOLUTION:<\/strong><\/p>\n

Strategically aligning driveways and RV owners, through the implementation of data and algorithms, to create a platform and application to provide maximum parking locations in the world at the most economical prices and convenient ease of use for the end-user and host.<\/p>\n

AirRv offers a scalable solution to travelers and compensation to hosts while minimizing the company expense footprint.\u00a0 AirRv will not own any real estate or physical assets, but simply offer a platform service of connecting United States household driveways to individuals needing a place to park at a moment\u2019s notice while using an app.<\/p>\n

AIRRV TEAM:<\/strong><\/p>\n

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COMPETITION:<\/strong><\/p>\n

To date, no other platform space has entered into a non-ownership of others tangible owned real estate asset and sublet for income for users of space; into a model allowing for a user and host to exchange services while utilizing a peer to peer rating for the safety of the host and user.\u00a0 Other seen competitors offer designated and specified locations for RV owners to utilize for monetization or the subletting of owned RV\u2019s for the use of others wanting to borrow from.<\/p>\n

AirRV differs in this model by not owning any space as a company.\u00a0 AirRv will offer more highly desired locations, at a cheaper cost and more convenient than any conventional current model in this space, while providing the security of peer to peer relationships to mitigate safety concerns of hosts and RV renters.\u00a0 AirRv opens the doors of ALL<\/strong> driveways, parking lots, and unused real estate locations to the end-user.<\/p>\n

COMPETITOR REFERRALS:<\/strong><\/p>\n