Airbnb shifts focus to affordable room rentals and payment options.

TL;DR Summary
Airbnb is launching a new offering called Airbnb Rooms, which allows guests to rent a single room in the same house or apartment as their host at an average price of $67 per night. The move is a nod to Airbnb's beginnings and a recognition that renting an entire house is too expensive for many travelers, especially younger ones. The company is also making changes to its platform to address issues with high cleaning fees and onerous checkout tasks. CEO Brian Chesky believes the new offering will be especially popular with the next generation of travelers who want to pay less than $100 per night.
- 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’s average home prices have gone up, so now it’s refocusing on rooms to give users more affordable alternatives TechCrunch
- Airbnb Revamps Site to Ease Tensions Between Guests, Hosts Bloomberg
- Airbnb to allow guests to pay in four parts, brings in more price transparency Reuters
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