Airbnb introduces more flexible reservation policies due to coronavirus
In light of the novel coronavirus outbreak and its massive impact on the travel industry, Airbnb has tweaked its reservation policies to help hosts and guests cancel bookings without taking a loss. Until June 1st, Airbnb will waive the standard 3 percent host fee that it collects for hosts who refund more of their would-be guests’ money than the Airbnb cancellation policy requires them to. Airbnb also says it will increase visibility of listings for hosts who take advantage of its new “More Flexible Reservations” tools.
If you’re a guest who needs to cancel a booking (again, through June 1st), you won’t be charged Airbnb’s 14 percent guest service fee for doing so. Guests who aren’t charged the service fee will get a travel coupon worth...