Airbnb to pay hosts $250 million on cancellations during this period.

Due to worsening travel industry, cancellations have been taking place globally.

Alfred Lee31 Mar, 2020

Airbnb to pay hosts $250 million on cancellations during this period.

Airbnb is setting aside $250 million to compensate hosts who have been affected by severe cancellations during this period of declining travel.

If a guest cancels a reservation for a check-in between 14th - 31st March due to health and safety prioritizations, Airbnb will pay the host 25% of what they would normally receive through through their cancellation policy.

Airbnb founder, Brian Chesky.

This is Airbnb’s way of supporting hosts who have been receiving many cancellations due to a sharp drop in travel....

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Alfred LeeAuthor

Journalist at BEAMSTART. I write about breaking business news in the region.

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