Brian Chesky Says Airbnb Is 'Making 4 Changes' Including Price Transparency

Brian Chesky, the CEO of Airbnb Inc. ABNB, has announced four new changes to the way prices are shown on the company's website, in response to consumer complaints.

What Happened: On Monday, Chesky took to Twitter to announce the changes, saying, “I have heard you loud and clear.”

Chesky shared a screen recording in which a box saying “display total price” was pinned. He explained what users would see when they turn on this feature.

See Also: How To Buy Airbnb (ABNB) Stock Right Now 

The second change was prioritizing the total price instead of the nightly price.

The fourth and final change will focus on eliminating unreasonable checkout tasks.

Why It’s Important: In the past, Airbnb owners and customers vented about their problems. Some even took to social media platforms like Twitter and ByteDance-owned TikTok to express concerns about everything from cleaning fees to misleading listings, reported The Economic Times. 

In 2018, the EU accused Airbnb of failing to comply with its rules on price transparency, according to The Telegraph. 

Read Next: Airbnb To $154? These Analysts Slash Price Targets On Airbnb Following Q3 Results

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