$7.4 Million Awarded in Relief Grants to Airbnb Superhosts

Publish Time:2020-05-21 16:35:26Source:Airbnb

【Introduction】:On March 30th, we announced the Superhost Relief Fund to provide grants to tenured hosts who are facing financial challenges because of travel disruption and other impacts of the global COVID-19 crisis.

On March 30th, we announced the Superhost Relief Fund to provide grants to tenured hosts who are facing financial challenges because of travel disruption and other impacts of the global COVID-19 crisis. Today, we are providing an update to let our community know that we have awarded $7.4 million in grants to over 4,000 hosts around the world. We continue to send out invitations and review applications in order to distribute the remaining $9.6 million in the Fund. The fund has a total of $17 million, which will be awarded in grants to hosts by the end of June. Airbnb employees started this fund in March with $1 million in donations out of their own pockets and the intention to provide direct assistance to hosts; Airbnb founders Joe, Nate and Brian personally contributed $9 million. Airbnb investors followed suit and contributed another $7 million.

The Fund was designed to support Superhosts who rent out their own home and need help paying their rent or mortgage, and long-tenured Experience hosts trying to make ends meet. We have sent over 15,000 invitations and reviewed thousands of applications—we are moved by the stories our community has sent to us and asked for permission to share some of them with you.

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