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Home › Forums › Financial Markets/Economics › Amazon v the new cash burning tech megacaps
[quote=gzz]AirBNB is liberal with covering refunds to unhappy guests and guest property damage to unhappy hosts.
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I guess that might explain why I see very few “AirBnB Guest Trashed my Home!!!” articles in my news feed.
tb
You need to read different threads then!
Josh
[quote=gzz]AirBNB is liberal with covering refunds to unhappy guests.[/quote]
yes, out of the host’s pocket. If a guest is granted a refund, it does not come from Airbnb. And getting Airbnb to reimburse a host for damages is a rarity. There’s a reason it makes the news when it happens.
All that aside, am I really to believe that a business with 14+ % gross margins, pays out more than that 14% in claims of host damages? That makes no sense.