Airbnb makes pricing change customers demanded
Many say it's been needed for a long time.
Before 2007, figuring out lodging for your travels was a pretty simple process: you stayed at a hotel you judged by a star ranking, and the more you had to spend, the more stars you could afford.
But after Airbnb (ABNB) made its debut that year, customers gained a whole new set of options that were, frankly, mind-blowing. Suddenly, you could stay in someone's cozy home in the middle of Tokyo or in the heart of the Saint-Germain-des-Prés in Paris for a fraction of the cost of even a moderate hotel room.