The aid, which will pay hosts 25% of their normal cancellation fees, is being offered globally except for China. The payments apply to the cancellation of reservations with check-in dates between March 14 and May 31.
Guests would also receive a full refund for the cancellation of reservations made on or before March 14 for check-in between March 14 and April 14.
Airbnb CEO, Brian Chesky, said the company would come back strong after the pandemic was over, added that about half of the stays booked on Airbnb were for periods longer than a month.
