Options for guest payments

Options for guest payments Oct 16, 2018 19:00:25 GMT rhonda likes this

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Post by High Priestess on Oct 16, 2018 19:00:25 GMT

Hi Rhonda

I think I heard about this a while back, but maybe it didn't fully sink in -- this is the policy as reported about in January 2018:

www.theverge.com/2018/1/16/16896012/airbnb-book-up-front-50-percent

press.airbnb.com/airbnb-launches-pay-less-up-front-a-new-flexible-payment-option-for-travelers/

I dont' think this is a good idea....it encourages people to book who may be booking out of their price range. People should be able to afford to pay in full for a stay. It's not clear from the Airbnb article on this, if this could apply to longer term bookings (eg a month or longer) and for those bookings, there would be the greatest problem resulting from this pay less up front policy, since it would create a loophole around the long term cancellation policy. Long term cancellation policy states that if guest cancels a long term booking at any time after making the booking, they have to pay for the first 30 days of the reservation, which is the amount they pay up front. So if they are only paying half that up front, and then cancel, the host would not be able to be fully paid for a month long stay, but would only get half.

For other reservations shorter than a month, I think this would not put the host at risk, the way the policy is written, because even if host has strict policy, the guest would get 50% refund on the whole reservation cost if cancelling more than 7 days in advance, and this policy requires payment in full by 30 days prior to arrival. So if the guest only paid 50% in the first place, if they cancel more than 30 days out, host can still be paid the 50% they are owed.

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Post by rhonda on Oct 16, 2018 5:31:11 GMT

Post by High Priestess on Oct 16, 2018 19:00:25 GMT