Current:Home > NewsThere’s too much guesswork in renting an Airbnb. The short-term rental giant is trying to fix that -Blueprint Wealth Network
There’s too much guesswork in renting an Airbnb. The short-term rental giant is trying to fix that
View
Date:2025-04-13 12:12:13
Airbnb will highlight rental listings that have received top scores from guests, information that the company’s CEO says will help bring hotel-like reliability to booking a house or room on the site.
Airbnb said that it will roll out what it calls “Guest Favorites” this week. About 2 million of the site’s 7 million listings will get the label.
It is unclear how hosts who don’t get the favored badge will react — they could lose bookings, or they might have to cut prices to compete. CEO Brian Chesky said he expects favorites to charge more than other listings.
Chesky acknowledges that the variety of properties on Airbnb creates uncertainty among renters. He said the unpredictability of listings is the biggest reason why someone would choose a hotel room over Airbnb.
“A lot of guests have described booking Airbnb, once they check in, it’s a moment of truth. Is the house exactly what they expected?” he said in an interview. “We don’t want this to be a moment of truth. We want you to know exactly what you’re going to get before you book.”
Chesky said favorites will have guest ratings averaging at least 4.9 out of 5.0 and cancellation rates and customer-service incidents of 1% or lower. They will be denoted on the site with a badge, and shoppers can filter for them. The company, however, will make no guarantees about the guest favorite listings.
Airbnb is also encouraging hosts to create photo tours of their property, which Chesky said will use AI to organize photos by room.
The company is also making behind-the-scenes changes that will include helping hosts adjust prices based on demand, down to a daily basis.
Earlier this year, Airbnb began discouraging hosts from charging exorbitant cleaning fees, a major complaint of users. A 2022 analysis of 1,000 listings by personal-finance site NerdWallet pegged the median cleaning fee for a one-night stay at $75, about 25% of the total bill.
The site lets visitors filter searches by all-in pricing, which includes the fees, although it is not the default setting. Visitors must use a toggle switch on the home page.
About 260,000 listings have lowered the cleaning fee since then, according to the company.
“I had no idea what that number could be,” Chesky said. “I’m pretty satisfied with the pricing progress.”
veryGood! (8)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Ryan Reynolds' Deadpool mocks Marvel movies in exclusive deleted scene
- The number of Americans filing for jobless aid falls to lowest level in 4 months
- Chargers coach Jim Harbaugh says Justin Herbert's ankle is 'progressing'
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Napheesa Collier matches WNBA scoring record as Lynx knock out Diana Taurasi and the Mercury
- California Gov. Gavin Newsom vetoes bill to help Black families reclaim taken land
- Chargers coach Jim Harbaugh says Justin Herbert's ankle is 'progressing'
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Tommy Kramer, former Minnesota Vikings Pro Bowl QB, announces dementia diagnosis
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Judges set to hear arguments in Donald Trump’s appeal of civil fraud verdict
- Home cookin': Diners skipping restaurants and making more meals at home as inflation trend inverts
- Roy Clay Sr., a Silicon Valley pioneer who knocked down racial barriers, dies at 95
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- 'Tremendous smell': Dispatch logs detail chaotic scene at Ohio railcar chemical leak
- It's not just fans: A's players have eyes on their own Oakland Coliseum souvenirs, too
- Parents will have to set aside some earnings for child influencers under new California laws
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Ryan Reynolds' Deadpool mocks Marvel movies in exclusive deleted scene
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
A Black student punished for his hairstyle wants to return to the Texas school he left
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Nevada high court orders lower court to dismiss Chasing Horse sex abuse case
Florida power outage map: Track outages as Hurricane Helene approaches from Gulf of Mexico
50 Cent's Netflix doc on Diddy allegations will give 'voice to the voiceless,' he says