@Sarah977
"There are far more listings than there are guests to fill them.."
That's what Airbnb would like us to think. However, despite their decimated revenue this year, and drastic cost-cutting measures, including laying off thousands of staff and saying that they were halting all marketing this year in an attempt to save $800million, they've recently fired up their Host Referral program again, with referral fees of $390 up to $750 being offered in some parts of the US to onboard new hosts.
They also lost huge numbers of Pro hosts on account of the COVID refunds, and listing numbers in most of their major markets worldwide have plummeted (London, for example, had just over 85000 listings this time last year, now down to 45949/ Paris over 65000 in 2019, down to 32735/Sydney 37000+, down to 13632/ Toronto 23500, down to 11901/ NY 38854, down to 23790, and so on.
They wouldn't be lashing out lavish referral fee bonuses if they weren't desperately in need of new hosts, particularly at a time when every cent counts
Penelope