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Airbnb Myths & Misconceptions in 2020

Updated: Mar 29, 2021

The more time I spend speaking and interacting with Airbnb hosts, the more I realise that there is a lot of misinformation in the industry that is hurting hosts without them even knowing it. Most hosts don't have enough volume to be able to notice the subtle changes in policy and how they effect their business until of course, something goes wrong.

To help hosts to have the best information available, I decided to put together a list of the top 10 myths that people believe about Airbnb and the accommodation industry. This is a list of the myths that I will be either proving or disproving in this blog, see below for a full explanation:

  1. Airbnb is the biggest accommodation privider in the world without owning any hotel rooms - Myth

  2. Airbnb only charges a 3.3% fee which is cheaper than the industry average - Myth

  3. Airbnb has insurance for hosts (Host Guarantee) - Myth

  4. Hosts can claim the damage/security deposit charged to guests for damages or extra cleaning - Myth

  5. The fees listed in your house rules are enforceable - True (sort of)