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Airbnb will pay hosts $250 million to help cover cancellations due to COVID-19

Written by CRETech | Mar 31, 2020 7:18:56 PM

Airbnb  is committing $250 million to put toward hosts who have been impacted by COVID-19. That means if a guest cancels a reservation for check-in between March 14 and May 31 due to a COVID-19-related reason, Airbnb will pay the host 25% of what they would normally receive through their cancellation policy. Airbnb says this policy will apply retroactively to all cancellations during that period.