So today I had the dubious pleasure of being confronted with a message from AirBnB alerting me to their updated Terms of Service in multiple areas. In reviewing the terms, I had the choice of blanket acceptance, or being warned that if I disagreed with the updated terms, I would not be able to receive future bookings and may have limited use of AirBnB's website or mobile app. I could not get to my listing without agreeing to the updated terms.
I accepted as I wish to continue to receive bookings. HOWEVER, I am now reviewing my own insurance policies to ensure that I will have adequate coverage in the event of a bad guest and am also updating and adding other online sources to ensure that should AirBnB try to shut down my ability to conduct business I will have other options available to maintain my rental income. I am also reviewing the vacation rental laws of my state and municipality to ensure that I understand where I may be vulnerable.
Whatever happened to the advertising only aspect of online travel agencies? Why must we conduct our business under such limitations? If AirBnB wants to protect their bottom line i.e., income from people who pay the service fee for using the website, how about charging the guest for the service and then allowing the host to conduct the remainder of the booking?
I hope that my fellow hosts educate themselves by actually reading and understanding the updated terms of service. It was eye-opening to say the least.