$250M from Airbnb to Hosts

740 viewsover 5 years ago4m 26sScore: 80

James Svetec

Pricing & Profitability
beginner
Profitability
Airbnb
Pricing Strategy
Revenue Management
Expenses

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.