Airbnb is asking Congress to help out its hosts, after it just hit their revenue by overriding their cancellations policies due to the coronavirus crisis

- Airbnb is asking Congress to put in place measures that would help the small businesses and entrepreneurs that list accommodations on its site as part of the body’s broader coronavirus relief efforts.
- The company is urging members of Congress to pass a collection of tax relief and loan-related proposals targeted at its property-manager customers.
- Airbnb’s proposals follow its moves last week and this weekend to allow guests around the world to cancel their reservations due to the COVID-19 outbreak.
- Those moves overrode its hosts own cancellation policies, and the cost of them will be largely borne by property managers.
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Airbnb is asking Congress to help the property managers that list accommodations on its site as part of the body’s effort to stabilize the economy during the coronavirus crisis.
In a letter sent Tuesday to House Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy, the online travel company recommended that the legislature pass a collection of tax relief and loan measures that would specifically benefit its network of hosts. The measures would provide both short-term help for property managers and, longer term, potentially make the short-term rental business more profitable for them.
“We are primarily …continued .
[Source: Business Insider]