Airbnb Wednesday announced new upgrades to its booking platform to make it more competitive with hotels, such as revamping its ratings and reviews pages and highlighting 'guest favorites,' or homes with a near-perfect rating.
Airbnb Wednesday announced new upgrades to its booking platform to make it more competitive with hotels, such as revamping its ratings and reviews pages and highlighting "guest favorites," or homes with a near-perfect rating. The San Francisco-based company said by creating a more reliable experience for travelers it can capture more demand as consumers continue to plan vacations despite the higher cost of travel compared to before the COVID-19 pandemic.
The company reported last week that 113.2 million nights and experiences were booked during the third quarter, a 14% year-over-year increase.
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