Airbnb will Pay US$250 Million to Hosts

Thursday 2nd of April 2020

Airbnb will Pay US$250 Million to Hosts

In a letter to Airbnb hosts, Co-founder, CEO and Head of Community Brian Chesky outlined that Airbnb will pay US$250 million to hosts to help cover the cost of COVID-19 cancellations as well as create a US$10 million Superhost Relief Fund and make it easy for previous guests to send financial support directly to hosts.

When a guest cancels an accommodation reservation due to a COVID-19 related circumstance, with check-in between March 14 and May 31, Airbnb will pay Hosts 25% of what a Host would normally receive through the cancellation policy. This applies retroactively to all COVID-19 related cancellations during this period. This cost will be covered entirely by Airbnb. More details: airbnb.com/250msupport

Hosts can apply for grants for up to US$5,000 that don’t need to be paid back. This is designed for Superhosts who rent out their own home and need help paying their rent or mortgage, plus long-tenured Experience hosts trying to make ends meet. Go to airbnb.com/superhostrelief for more details.

Moreover, following feedback from countless guests who are incredibly grateful for the flexibility of Airbnb hosts and are interested in supporting them financially, Airbnb is creating a way for guests to send a note along with a contribution to any of the hosts who they’ve previously stayed with.