Insight
Hosts using approved API-connected solutions can collect security deposits outside of Airbnb's checkout process.
Airbnb's AirCover program replaced traditional security deposits in 2022, offering damage protection up to $3 million. However, hosts using approved Property Management Software (PMS) like Hostfully can still collect deposits outside of Airbnb, provided they disclose this clearly. Setting up deposits through a PMS offers extra financial protection but requires adherence to Airbnb's rules.
Hosts using approved API-connected solutions can collect security deposits outside of Airbnb's checkout process.