Airbnb shifts focus to affordable private room stays and transparent fees.
Airbnb is introducing over 50 new features to its rental platform, including an expansion of the more transparent pricing it unveiled last year. It's relaunching its low-cost room rental experience as "Airbnb Rooms," which will make it easier to find private rooms, as well as offer more details upfront to potential renters. The company says it'll have over a million Airbnb Rooms listings, and that more than 80 percent of them will cost under $100 a night. Airbnb is also reducing service fees for stays longer than three months and getting into the pay over time game with a new partnership with Klarna.