Airbnb revenue jumps 50 percent to about $1B in Q3

Re:Airbnb revenue jumps 50 percent to about $1B in Q3 by nrki on Tuesday November 14, 2017 @08:33PM (#15700845)

I wonder how much of this is the recently enforced payment in your credit card's primary currency (with the ~3% spread going to Airbnb as profit).

Due to this - and Airbnb's refusal to even discuss their reasons for it - I always consider other options before Airbnb. In the past it was the other way around.

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Re:Airbnb revenue jumps 50 percent to about $1B in Q3 by RileyJames on Wednesday November 15, 2017 @01:48AM (#15701911)

Yep, this was an incredibly frustrating cash grab. I already have a credit card that doesn’t have international fees and provides decent currency conversion rates. I also started looking elsewhere first.

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Re:Airbnb revenue jumps 50 percent to about $1B in Q3 by ac29 on Tuesday November 14, 2017 @09:16PM (#15700995)

How would gaining a 3% spread lead to 50% revenue increases?

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Re:Airbnb revenue jumps 50 percent to about $1B in Q3 by karthikvellanki on Wednesday November 15, 2017 @03:22AM (#15702263)

My guess is assuming Airbnb takes 10% of the total booking cost - the additional 3% spread would mean a 43% increase in revenue

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Re:Airbnb revenue jumps 50 percent to about $1B in Q3 by hkmurakami on Wednesday November 15, 2017 @02:09AM (#15701980)

That's ludicrous. Even the mom and pop hostel in Tokyo that charged me ~$20/night asked me which currency I would like to be charged in.

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