Airbnb joins White House to highlight total price display

Airbnb’s Chief Financial Officer Dave Stephenson joined President Joe Biden for a meeting at the White House to highlight private sector companies that have launched price display improvements for consumers. 

Last December, Airbnb launched the option to display total pricing in the US and other countries without existing price display requirements. US guests can now view total pricing with fees, before taxes, across the entire app. Since then, we’ve seen more than 8 million visitors turning on our total price toggle. 

Our new total price display update is part of Airbnb’s broader efforts to increase affordability on our platform. In May, we introduced a number of additional initiatives to increase affordability, including: 

• Airbnb Rooms – In today’s economic environment, people want to travel affordably and this category offers a low-cost option for guests with the average rate of $67 per night. 
• New and improved pricing tools for Hosts – Hosts can now easily add weekly and monthly discounts, access updated price breakdowns that show what guests pay and Hosts earn, and compare their listing to similar ones in their area.
• Monthly stays – For stays over three months, we’re significantly reducing the guest service fee after the third month and guests in the U.S. can also save for stays over one month when paying with their linked bank account.

We look forward to working with federal policymakers on efforts to create industry-wide standards for price display.

About Airbnb 

Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home, and has since grown to over 4 million Hosts who have welcomed 1.4 billion guest arrivals in almost every country across the globe. Every day, Hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way.