@Heather1086 Remember when Airbnb rolled out the option of offering guests the choice between two cancellation policies? With a discount if they chose "non-refundable"?
Well, what happened was that a lot of guests chose non-refundable for the discount, but then when they cancelled with "extenuating circumstances" Airbnb gave them a full refund anyway. So it was a lose-lose situation for hosts.
The latest scheme sounds pretty crappy too. What's in it for hosts? More speculative bookings from non-committal guests?