Airbnb is going back to its roots. The short-term rental company 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.
FILE - The login page for Airbnb's iPhone app is seen in front of a computer displaying Airbnb's website on May 8, 2021, in Washington. Airbnb is going back to its roots to cater to travelers who are growing more concerned with saving money. 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.
DALLAS — 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. “It is an admission that travelers care more about affordability than they did a year ago,” said CEO Brian Chesky.
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