A new application lets you both book exotic vacations and rent out your space through the popular home sharing service.

The latest in the series of apps to make your travels swift and safe, Airbnb (recently on PSFK here and here) helps book properties that won't necessarily show up on Expedia, exclusively through your iPhone.

From apartments, to safaris, to private islands, this app helps travelers to snag time-sensitive deals and book them without a middleman. Airbnb helps keep track of your travel itinerary, and send messages to potential hosts and other Airbnb users, as well as see ratings on accommodations from past guests. If you get caught in the lurch, this app can pinpoint your location and offer the closest available options.

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