$250M from Airbnb to Hosts
Summary
In this video, James Svetec announces that Airbnb has set aside $250 million to refund hosts affected by cancellations due to COVID-19, distributing 25% of what would have been received under standard cancellation policies. Additionally, Airbnb is establishing a $10 million relief fund for tenured hosts in need. He encourages hosts to read the full details via a link in the description.
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