Airbnb Rolls Out Series of Platform Changes to Help Travelers Save More Money "Airbnb Rooms" will be a nod (and an upgrade) to the original platform.

By Emily Rella

Airbnb is making changes to encourage guests to continue using the service despite inflation and more cost-conscious traveling behavior.

The company announced on Wednesday a series of 50+ upgrades to its website including the rollout of the new Airbnb Rooms, which they're calling a "new take on the original Airbnb." The company launched in 2008.

The option to book a private room in a larger home has been an option on Airbnb since day one and is usually preferred by solo travelers or those looking for a cheaper option.

Related: How a 20-Year-Old Airbnb Host Made $375,000 In Revenue in 2022

But safety concerns have also run high among Airbnb users, and now the company is trying to make the Rooms service more attractive in an attempt to keep customers booking through the site at an affordable rate.

As a part of Rooms, customers will have access to a new feature called "Host Passport" which will show users information about the host, everything from their hobbies to the different languages they speak to photos of them that they choose to post.

Credit: Airbnb

Rooms will also include more privacy features, such as whether or not they'll be sharing a bathroom if other Airbnb guests will be renting in the same home, and whether or not the hosts will be there. Guests will also be informed about whether or not their rooms have locks.

Credit: Airbnb

"We know there's a lot of talk and concern about the economy, inflation, the possibility of recession," Airbnb's co-founder and Chief Strategy Officer Nate Blecharczyk told FOX Business. "I think people are going to be a little bit more price-conscious."

Airbnb estimates that the average price of a room stay on its site is $67 per night and that nearly 80% of all rooms listed are priced under $100.

Other changes aimed at cost-saving announced on Wednesday include allowing short-term renters to pay off their fees over time during certain stays, allowing users to pay directly through their banks in order to avoid credit card fees, and giving long-term renters discounts after a third month.

Airbnb is expected to oversee 300 million guests in 2023.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Editor's Pick

Related Topics

Business News

'It's Getting Worse By the Week': Kevin O'Leary Issues Grave Warning About Commercial Real Estate Industry

The "Shark Tank" star spoke to impending devaluation of stocks in the industry on FOX Business' "Varney & Co."

Business News

JPMorgan CEO Jamie Dimon Says AI 'Is Real' and Will Eliminate the 5-Day Work Week. Here's How His Company's Going All In.

The financial services firm advertised for thousands of AI-related roles earlier this year.

Buying / Investing in Business

Why Entrepreneurs Swear by WELD as the Secret to Maximizing Wealth

Write-Offs, Exit value, Lower taxes, Depreciation: Use the WELD method's transformative principles for unmatched entrepreneurial wealth.

Business Plans

Want to Know If You Have a Great Business Idea? Ask Yourself These 10 Questions.

Business expert Eric Butow gives you a list of probing questions to help you analyze your idea in the new book "Write Your Own Business Plan."


How to Balance Entrepreneurship and Family Life in 2023 and Beyond

Our evolved definition of success underscores the undeniable importance of mental and physical well-being.