Airbnb will stop providing refunds when a host or guest contracts COVID-19

Reservations made on or after May 31 will no longer be eligible for . The upcoming change to the extenuating circumstances policy will apply to landlords or guests signing a contract. .

The company says a standard landlord cancellation policy will apply instead. It says nearly two-thirds of active offer policies allow guests to cancel 5 days in advance (under the moderate policy) or up to 24 hours before check-in (under the flexible policy).

Reservations made before the end of next month may still be eligible for a refund linked to COVID-19 if the terms of the COVID-19 policy are met. . There are exceptions to domestic bookings in Korea and Mainland China. Airbnb says refunds will remain available there for some COVID-19 related cases for the foreseeable future.

“Some people in the travel industry stopped this kind of policy a few months ago, while others don’t offer it,” Airbnb . “After consulting with our medical advisors as well as our community, we felt it was time to take the same step.”

For what it’s worth, Airbnb will soon . The product will be on the market in the coming months. Until then, those concerned that COVID-19 may disrupt their travel plans can purchase insurance elsewhere, the company said.

The outbreak of the pandemic has devastated the travel industry, and Airbnb is not immune to the impact. The company , or about 1,900 jobs, in May 2020. It looks like Airbnb is hoping to get back to business as usual. It noted that “many countries have now implemented cohabitation with COVID-19 plans.”

However, the pandemic is not over yet. About a third of the global population has at least one dose of vaccine. The data shows that, on average, there are 629,798 cases in each of the last 14 days.

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