There is a lot of uncertainty around the coronavirus and it certainly affects both hosts and guests that use Airbnb’s services. Hosts lose earnings that they rely on to make ends meet where guests are losing hard earned vacation savings. Hence, Airbnb has also introduced “More Flexible Reservations” policies to give guests and hosts the option to cancel reservations without any charges until 1 June 2020 if they’re affected by COVID-19. Airbnb will not just waive the 3% fee for hosts who offer refunds on cancellations that would have otherwise been subject to charges, but will also increase visibility of listings for hosts who take advantage of its new “More Flexible Reservations” policies.