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

Opinions expressed by Entrepreneur contributors are their own.

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

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.

Editor's Pick

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business Process

The Best Times, Days and Months To Post on YouTube (2023)

When is the best time to post YouTube videos to maximize their effect? Discover the best time to post on YouTube in this detailed guide.

Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.

Diversity

Diversity in the Workplace: Benefits and Why You Need It

Improving diversity is just good business. Here's how you can do just that.