Airbnb to Show Full Price by Default Thanks to Biden-Era Rule

The price that you see on an Airbnb listing will finally be the price that you actually pay. On Monday, the rental app announced that it will display the full price of a stay, including fees and taxes (in most locations), by default from the start of listings worldwide. The shift in pricing policy comes as a Biden-era Federal Trade Commission rule aimed at cracking down on junk fees and misleading pricing is set to go into effect starting next month. One of the biggest issues that any Airbnb user has likely run into on the platform over the last few years is the often exorbitant surcharges, including so-called “cleaning fees” that often get tacked onto the cost of a stay. Typically, that price did not appear in the list price that would be displayed on the map view of available stays, nor on the listing page, but would rather appear at checkout. A 2022 NerdWallet analysis of Airbnb listings found the median cleaning fee for a one-night stay was $75, and often amounted to 25% of the to ... Read full article.