A number of Airbnb hosts in the United States are planning to sell their properties as well as the furnishings they bought to adorn their homes due to the financial fallout from the pandemic.
Canceled bookings cost hosts to lose thousands of dollars a month while maintenance costs, bills, and mortgage payments pile up, prompting them to make drastic decisions.
According to an Airbnb spokesperson, they are striving to support their community, including providing a $250 million support for hosts who were burdened by coronavirus-related cancellations and $17 million to their "Super Host Relief Fund."
Airbnb, which was planning to make its Wall Street debut this year, had to lay off about 25 percent of its workforce and has struggled to appease the hosts.
The company assures hosts in late March that they would get 25 percent of what they would usually redeem through cancellation policies. Still, some hosts claimed the policy wasn't much of a help, or that they received smaller payments than promised.


Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts
Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals
How a hybrid heating system could lower your bills and shrink your carbon footprint
UK Housing Market Slows Amid Tax Hike Concerns
Interim housing isn't just a roof and four walls. Good design is key to getting people out of homelessness
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster
Asian Stocks Waver as Trump Signals Fed Pick, Shutdown Deal and Tech Earnings Stir Markets
South Korea Industry Minister Heads to Washington Amid U.S. Tariff Hike Concerns
UBS "이 미국 도시, 부동산 거품 위험 가장 높아"
South Korea Exports Surge in January on AI Chip Demand, Marking Fastest Growth in 4.5 Years 



