Airbnb’s 10-Fold Increase in Host Cancellation Fees Could Benefit Guests
Increasing host penalties for unjustified cancellations isn't necessarily a bad thing unless innocent hosts get caught up in the dragnet.
What started as AirBedandBreakfast.com has grown into a massive public company that IPOd in 2020. Airbnb is now the world’s largest online alternative-accommodation community, allowing millions of users to list, search, and rent authentic homestays and vacation-rental experiences in countless cities across the globe.