Airbnb commits to more transparent pricing

Competition

The Hungarian Competition Authority (GVH) has accepted commitments made by peer-to-peer home stay network Airbnb Ireland to make changes to the way it informs Hungarian speakers about pricing, the GVH said on Tuesday.

The GVH launched a procedure against Airbnb in October 2016 on suspicion that information on pricing it provided to consumers was misleading. Airbnb has committed to display on its Hungarian website the total price of lodging, including cleaning fees and fees for additional guests, once customers enter the dates of their planned stay, national news agency MTI reported.

Airbnb has promised to display a message before customers enter the dates of their stay saying that the full price will be calculated after they enter the dates and number of guests. Airbnb must also note in the message that the price could be raised further by tourism taxes.

Airbnb has also promised to fix discrepancies resulting from exchange rate calculations and rounding. The company has 120 days to show it has fulfilled its commitments.

Number of Thefts in Capital Edges Higher in 2023 Figures

Number of Thefts in Capital Edges Higher in 2023

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Hungary Labor Costs 3rd-lowest in EU HR

Hungary Labor Costs 3rd-lowest in EU

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.