Airbnb users can now pay 50 percent deposit to secure a booking

Friday, 17 Jan, 2018 0

Airbnb is rolling out a new payment option allowing users to spread the cost of paying for rentals.

Instead of the current 100% cost payable upfront, customers in most cases can pay 50% and then pay the 50% balance before arrival.

Airbnb hopes the ‘Pay Less Up Front’ option will encourage customers to splash a little more cash on more expensive rentals.

The option is eligible for bookings made at least 14 days before check-in and which have a value of $250 or more.

During a test phase Airbnb said 40% of users chose to take advantage of ‘Pay Less Up Front’ and many opted for more expensive rentals.

There were also more bookings with longer lead times.

Airbnb recently made another significant change to the way customers can pay for bookings by allowing groups to split costs between up to 16 people.

 



 

profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...