i am a host in Costa Rica and i feel that this new Mandatory 100% refund in regards to the Corona virus cancellations that airbnb has created is TOTALLY WRONG...
why did AIRBNB not ask their community of Hosts for their opinion before they changed the cancellation policy for everyone..
i was offering my guests a 100% travel credit good for 12 months, plus an extra 1 night free as a BONUS for keeping the reservation... it seemed that ALL my guests where very happy with this, until AIRBNB ANNOUNCED the new cancellation policy that was MANDATORY to all hosts...
i have played in the Corporate game for many years and know first hand that typically speaking they only think of SHORT TERM loses...we all know as HOSTS that AIRBNB and other travel sites that don't give us money until day after check in, have BILLIONS OF DOLLAR from holding back our funds and have used our holdings to make interest on, and to further the companies growth for the CEO's bottom line.... these BILLIONS of dollars that have been made over the many years can help carry this company on for many months of crisis... but what about the hosts...we have been given no money from the interest made from the funds Airbnb has in holding for us...we are not partners to any of these riches, and yet without us AIRBNB would be an empty site... they decided to step in and allow 100% refunds, taking away our future and crushing a huge percentage of people that depend on this income, including myself..
i think if asked now ALL HOSTS would be extremely happy to receive 20% of the booking monies in this time of crisis... and i believe travelers would be understanding of this policy...
after all 80% is a huge refund in comparison to other travel sites and companies who are giving NO refunds...
such as most American Airline Companies that are giving No Refunds, only Travel Credits for 1 year..
small business owners and Hotels in the vacation package industry are giving NO REFUNDS
other travel destinations i had plans with in Morocco, the hotel is giving me NO REFUND, a loss of $2,500
my son’s surf camp vacation is giving No Refunds, a loss of $4,000
i feel this new CANCELLATION LAW that AIRBNB is ENFORCING ON HOSTS is unfair and UN NECESSARY in this time of crisis...and does not protect the Hosts in anyway.. what kind of partnership is this?