📺 Stream EntrepreneurTV for Free 📺

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

entrepreneur daily

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 Entrepreneur.com. 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.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Starting a Business

This Couple Turned Their Startup Into a $150 Million Food Delivery Company. Here's What They Did Early On to Make It Happen.

Selling only online to your customers has many perks. But the founders of Little Spoon want you to know four things if you want to see accelerated growth.