• Potential guests are able to book your vacation rental immediately without needing to request host approval.
• Platform presents Instant Book as a functionality that reduces hassle, fights discriminatory behavior and increases the number of bookings.
• Expect Airbnb to push more into this direction in the near future (soon it could be the only available option to accept reservations) …

(Source: via @AllAbout_Airbnb – Get the full story at http://all-about-airbnb.com/post/151523939816/extra-host-fees-for-non-instant-book-hosts )