Tue, 28 Jun 2022 10:49 PM IST
San Fransisco-based vacation rental company Airbnb Inc on Tuesday announced that it will make permanent its ban on home parties listed on its platform. The decision was taken after Airbnb witnessed a sharp decline in reports of unauthorised gatherings since the imposition of the ban in August 2020. Airbnb said that it has seen a 44 per cent year-after-year drop in the rate of party reports since implementing the policy.
This comes after the San Francisco-based company introduced and extended the party ban to halt the spread of COVID-19 infections. Now the company wants to make the ban permanent as the summer travel season begins. "This is an issue where I don’t know if I’d say there’s a finish line," said Ben Breit, a spokesperson for the company, adding that Airbnb will keep working to address the issue.
The company said it will also remove its 16-person limit, allowing larger homes listed on the platform to be booked to full occupancy. In 2019, Airbnb began imposing much stricter limits, starting with a global ban on so-called “party houses” or listings that create persistent neighbourhood nuisance.
Airbnb has also updated its policies considering the pandemic, removing both the “event friendly” search filter and “parties and events allowed” house rules. More than 6,600 guests and some hosts were suspended in 2021 for attempting to violate the party ban, the company said.
In May 2022, the company reported revenue was up 70% from the previous year bringing in $1.5 billion in the first quarter of 2022. The company also projected revenue to be above market estimates for the second quarter of the year, expecting to bring in between USD 2.03 billion and USD 2.13 billion.
(With Reuters Inputs)