Insight
The cross-currency fee, introduced mid-2024, adds about 100 basis points on 20% of global booking value, contributing approximately 20 basis points to Airbnb's take rate.
Insurance, Pay Later, Cancellation Fees: What Airbnb Now Earns on Top of Your STAY RateS
Summary
Airbnb is boosting its revenue not by increasing host fees, but by selling add-on products like insurance and 'Pay Later' options to guests. These guest-side revenue streams lift Airbnb's take rate, impacting the total guest budget available for nightly rates.
Key takeaway