Airbnb is making a renewed push into renting single rooms in a nod to its beginnings and a realization that renting an entire house is too expensive for many travelers, especially younger ones.
The company said Wednesday, May 3, 2023, that it's rolling out a new Airbnb Rooms offering in which guests share space with the owner. Airbnb says room prices will average $67 a night. –
Airbnb has always listed single rooms in houses and apartments. The company said the new offering will give more biographical information about hosts, and consumers can sort listings to learn details including whether their bedroom door locks and the bathroom is private or shared. It's an interesting gambit. During the pandemic, Airbnb took business from hotels because travelers wanted rentals where they could avoid contact with strangers. Rival Vrbo, owned by Expedia, is still running advertisements bragging that it only rents whole houses.— on higher bookings and revenue. Analysts expect the San Francisco company to be even more profitable this year.
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