Airbnb pledges $500 mn to its nonprofit organisation Airbnb.org to accomodate people in crisis
Airbnb will allocate $500 million to its nonprofit organisation Airbnb.org over the next five years through a new funding model that directs a portion of revenue from every booking towards providing free temporary accommodation to people in crisis.
Announced on October 29, the initiative aims to help Airbnb.org provide one million nights of free housing annually. The funding will also support the organisation’s expansion into areas such as medical travel, assistance for survivors of domestic violence and exploitation, and support for veterans in the United States.
Airbnb said the new model would not increase the amount guests pay or reduce payouts to hosts. Neither guests nor hosts need to opt in to participate.
Airbnb.org provides temporary accommodation to people displaced by disasters and other emergencies. The organisation was established in 2020 after an initiative launched by an Airbnb host in 2012, who opened her home to people displaced by Hurricane...
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