Airbnb supports hosts - Gives 25% of cancellation amount and up to $ 5,000 grant
Airbnb will give 25% of the amount the hosts receive in the event of a cancellation of booking to owners who rent their homes or their accommodation to tourists via the worldwide platform other than China. In total, Airbnb will allocate $ 250 million to reduce the losses recorded by the hosts, according to a letter from the platform's co-founder, CEO and community leader Brian Chesky. 25% will be given for booking cancellations due to the COVID-19 pandemic, with check-in between 14 March and 31 May. These payments will start in April.Guests booked before March 14 will still be eligible for cancellation and will receive either 100% of the amount they paid or an equivalent travel credit.At the same time, Airbnb is setting up a $ 10 million Superhost Relief Fund , which will grant the hosts up to $ 5,000 without having to repay it. Applications for the grant start in April. The fund was created by donations of $ 1 million from its employees, with the remaining $ 9 million donated by the co-owners of the platform. Those interested can find more details at airbnb.com/superhostrelief.Airbnb is also launching an initiative to help host clients who stayed in their homes and were happy with the hospitality they received.
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Update/March/2020-2022