{"id":54334,"date":"2023-10-20T16:27:15","date_gmt":"2023-10-20T16:27:15","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/airbnb-introduce-uber-style-surge-pricing-model-startupsmart\/"},"modified":"2023-10-20T16:27:15","modified_gmt":"2023-10-20T16:27:15","slug":"airbnb-introduce-uber-style-surge-pricing-model-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/airbnb-introduce-uber-style-surge-pricing-model-startupsmart\/","title":{"rendered":"Airbnb introduce Uber-style surge pricing model – StartupSmart"},"content":{"rendered":"
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Airbnb has introduced a new pricing feature that fluctuates with supply and demand, following in the footsteps of the more traditional hotel model and Uber\u2019s price surging system.<\/p>\n

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Announced at the Airbnb Open event over the weekend, the \u2018smart pricing\u2019 system will automatically set a renting price for the host based on the supply and demand in the surrounding area, as Tech Crunch <\/i>reports<\/a>.<\/p>\n

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This will be based on a number of factors, including the location, time of the year, big events nearby and historical data from the area.<\/p>\n

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It\u2019s much more in line with how pricing works at a traditional hotel but, unlike Uber\u2019s pricing, hosts will be able to set a minimum and maximum price and don\u2019t have to use that feature at all.<\/p>\n

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Uber\u2019s pricing is often controversial, with fairs increasing drastically at times during emergencies, but this is something Airbnb won\u2019t likely have to face.<\/p>\n

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It\u2019s an extension of the price tips feature that was rolled out earlier this year, which helps suggest a rent price for the host. With the advent of this feature, Airbnb says revenue has increased by 13%.<\/p>\n

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At the same event, the startup also introduced Airbnb for Business, where hosts can get themselves a \u2018business travel ready\u2019 badge if their space has Wi-Fi, space for work, iron and hair dryer and a stricter policy on cancellations.<\/p>\n

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Do you know more on this story or have a tip of your own? Raising capital or launching a startup? Let us know. Follow StartupSmart on <\/i>Facebook<\/i><\/a>, <\/i>Twitter<\/i><\/a>, and <\/i>LinkedIn<\/i><\/a>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Airbnb has introduced a new pricing feature that fluctuates with supply and demand, following in the footsteps of the more<\/p>\n","protected":false},"author":2,"featured_media":58206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/54334"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=54334"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/54334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/58206"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=54334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=54334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=54334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}