US EditionPlanning a Group Trip? Airbnb Hopes New Feature Will Make Your Life Easier
Airbnb's new payment option allows US guests to book without upfront costs on flexible listings, responding to surveys showing 55% favor flexible payment methods.
- On August 13, Airbnb Inc. unveiled its 'Reserve Now, Pay Later' feature, allowing U.S. guests to book stays without paying upfront on listings with moderate or flexible cancellation policies.
- Building on earlier schemes, Airbnb now offers pay-later booking, adding flexible options after a 2018 split payment model and a 2023 Klarna partnership offering four instalments.
- A Focaldata survey showed 60% of respondents valued flexible payments, 55% used them, and 42% missed bookings due to payment issues, with guests paying before the eight days to the free cancellation deadline.
- U.S. hosts may benefit from the new pay-later feature, as Airbnb said it could help secure more reservations, with guests still paying before the free cancellation period.
- Assessing booking and cancellation impacts will be crucial as regulators may scrutinize consumer debt, and expansion beyond the U.S. appears likely if adoption soars.
14 Articles
14 Articles
Airbnb now lets you ‘pay later’ on vacation rentals
Airbnb has introduced a new “reserve now, pay later” option that lets users in the US book a reservation without paying right away. Instead, users can put off their payment to a later date before check-in. Airbnb says it will require payment before the end of a stay’s free cancellation period, ensuring “hosts have time to secure another booking even if a guest cancels.” The option is only available for stays in the US with a moderate or flexible…
Airbnb Introduces No-Upfront-Payment Option for US Travelers
Airbnb, one of the most popular vacation booking platforms in the United States, is introducing a new program that offers the option of reserving a stay with no upfront payments for U.S. guests traveling domestically. The “Reserve Now, Pay Later” program is designed to provide more financial flexibility for guests when they book eligible domestic stays by offering a zero-dollar payment option when they reserve their getaways. “This marks a major…
Airbnb will allow US users book stays without paying upfront
Airbnb has launched a new feature called "Reserve Now, Pay Later" that lets users in the U.S. reserve a property without paying upfront, potentially allowing people to cancel their bookings with less hassle if their plans change.
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