@Bobbiecool0
There is a problem with this, unfortunately. Another host posted on FB a message one of her guests had received. This is the section that is most pertinent:
"We’ve expanded our cancellation options. You can always change or cancel your existing reservation under the terms of your host’s cancellation policy. As an alternative, we are now also offering guests impacted by COVID-19 the option to cancel and get 100% of the amount they’ve already paid as travel credit to use toward a future trip. To receive this credit, please cancel at least 7 full days before your check-in date to give your host plenty of notice. Know that when you choose this option, Airbnb will also pay your host a portion of the reservation value from a support fund we have established for this purpose. This is our way of helping to ease the financial burden of both our guests and hosts during this crisis."
Am I going mad, but what kind of double dealing is this? From what I understand, and correct me if I am wrong as maths was never my strong point, if you have a strict cancellation policy, and the guest cancels more than seven days before, you would normally receive 50%. So, 25% of 50% = 12.5%.
If the guest cancels less than seven days before, you would normally get 100%, so that 25% would actually mean 25% of the booking.
Airbnb is telling guests who still have reservations, that the only way they can get their 100% credit, is if they cancel more than seven days before because it is KINDER TO THE HOST. They are further PR-ing to the guest their wonderful host support plan, within an email that is precisely designed to reduce the amount they will need to pay to hosts under that plan.
Even if you then inform the guest what this really means, the poor guest is stuck between a rock and a hard place. They can either lose 50% of whatever they have paid to ensure the host gets a bit more, or can say, sorry not my problem/fault, and take the 100% travel credit instead (Airbnb earning more interest on their money in the meantime). What option do you think most guests will choose?
Sorry, but am I reading this wrong?
Airbnb, really??? How much lower are you going to stoop?