Airbnb shifts focus to affordable room rentals and payment options.
TL;DR
Airbnb is refocusing on private rooms to offer more affordable alternatives to travelers as its average home prices have gone up by 36% since 2019. The company has added a dedicated search category for single-room rentals and is making some private features more prominent. More than 80% of private rooms are under $100/night, with an average rate of $67/night. Airbnb is also improving transparency about a guest's stay and turning its attention to improving the long-term stay experience.
- Airbnb’s average home prices have gone up, so now it’s refocusing on rooms to give users more affordable alternatives TechCrunch
- Airbnb will push rooms as low-cost option to house rentals The Associated Press
- Airbnb Wants to Turn Its Users Back Into Couchsurfers Gizmodo
- Airbnb to allow guests to pay in four parts, brings in more price transparency Reuters
- Airbnb Revamps Site to Ease Tensions Between Guests, Hosts Bloomberg
Want the full story? Read the original reporting
Read on TechCrunch