Many Airbnb hosts are trying to stay afloat after the demand for short-term rentals has suddenly dried up due to the COVID-19 pandemic, by listing their properties on competing sites, as well as making them available for longer terms at discounted rates.
Many have been scrambling to find new guests or longer-term tenants since the company changed its cancellation policy in mid-March, to fully refund any guests who cancelled their reservations up to April 14. Some who had previously exclusively listed on Airbnb are turning to sites such as Vrbo, HomeAway, Zillow, Apartments.com, Facebook Marketplace and Craigslist.
Bloomberg reported earlier this month that Airbnb’s plans to go public in 2020 could now be delayed until 2021, although statements recently released claim there are as many listings on the platform now as before the pandemic.
Some hosts are saying the way they have been treated by Airbnb means they may not go back to the platform when they’re able to list freely again.