Published: Wed, January 17, 2018
Worldwide | By Isabel Fisher

Airbnb will now let you book by paying 50 percent in advance

Airbnb will now let you book by paying 50 percent in advance

The home-sharing company is now offering "Pay Less Up Front", a payment process that defers half of the cost of a stay until the traveler's check-in date draws closer. The rest is payable later.

Many would-be travellers get back to work in January and nearly immediately want to book that next holiday, but find that January is the month in which they can least afford to do so.

It is available across all platforms: iOS, Android, mobile-web and desktop.

To qualify for Pay Less Up Front, the stay must cost at least $250 and be booked at least 14 days from the check-in date.

According to Airbnb, the service is useful not only for guests, but for hosts.

Before this feature was introduced, rentals had to be paid for 100 percent up front.

Accommodation giant Airbnb has introduced a new "Pay Less Up Front" feature that allows people to stagger their payments on larger bookings.

In a statement, Airbnb said that they understood the difficulty to pay for a holiday upfront, especially in January when the purse-strings have to be held particularly tight.

Airbnb said it would also benefit hosts, making guests more likely to book in advance. What's more, we've found that Pay Less Up Front encourages bookings further in advance: "Compared with ordinary bookings, the Pay Less Up Front payment option led to bookings with almost double the lead time, helping hosts to secure and manage bookings more easily". Your guests must have an Airbnb account to use this feature.

Meanwhile, a new app targets travellers who prefer to book holidays through tour companies than organise it themselves through services like Airbnb.

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