These are all really exciting additions and the maps look even better than they ever have before within SharePoint. However they don't mention if the location column here is anything like the existing geolocation column in SharePoint which needs a Bing Maps API key which potentially incurs licensing cost. Although the Bing Map web part allows you to put in a dress and doesn't charge you an API key and the modern events page allows you to search addresses and display maps without an API key if you want the geolocation field to work currently in a flatless you you must have an API key. this means that you have a hundred and twenty five thousand calls to Bing for the calendar year otherwise you have to pay on a per transaction basis. Microsoft can you clarify whether this new functionality is going to be included for free within office365 or will we need an API key and be subject to the transaction quotas on this page?
https://www.microsoft.com/en-us/maps/licensing/options
You can also read more about the API here as well.
https://msdn.microsoft.com/en-us/library/ff859477.aspx