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Airbnb to pay out $250 million to hosts to help ease coronavirus cancellation pain

Airbnb said on Monday it was allocating $250 million to help offset losses by hosts around the world whose guests have canceled bookings in the face of the coronavirus pandemic, following its announcement earlier this month that guests could get full refunds for certain reservations. [Source]

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Origin: reuters.com

Category: businessNews

Topics: Airbnb, coronavirus, hosts, million, guests, month, offset, losses, allocating, cancellation, reservations, certain, refunds, around, world, following, announcement, earlier, pandemic, bookings, whose, could, canceled

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/aRZ8kB4OFx8/airbnb-to-pay-out-250-million-to-hosts-to-help-ease-coronavirus-cancellation-pain-idUSKBN21H3GD

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