Airbnb will show full price to comply with FTC rule
We’ve all been there. You tell Airbnb that you’re looking for lodging under a certain amount, you pick a spot in your budget, only to realize at checkout that after fees, the total is way more than what you intended to spend.
Those days are apparently over. Airbnb will by default show customers the total price of stays, including cleaning and service fees, the company announced on Monday.
Airbnb said the move came in an effort to promote “price transparency.” It also comes right as a Federal Trade Commission rule meant to address so-called junk fees will take effect on May 12.
Airbnb stock was slightly down on Monday morning, and is down more than 14% since the start of the year. Travel stocks have been hit particularly hard as President Trump’s tariffs threaten to put a squeeze on discretionary spending.
Airbnb said the move came in an effort to promote “price transparency.” It also comes right as a Federal Trade Commission rule meant to address so-called junk fees will take effect on May 12.
Airbnb stock was slightly down on Monday morning, and is down more than 14% since the start of the year. Travel stocks have been hit particularly hard as President Trump’s tariffs threaten to put a squeeze on discretionary spending.
