A company that connects travelers with people renting out their homes to vacationers will soon offer property protection after a host in San Francisco had her home vandalized.
A company that connects travelers with people renting out their homes will soon offer property protection after a host in San Francisco had her home vandalized.
Airbnb.com CEO Brian Chesky said the company will cover up to $50,000 worth of property damage caused by people who rent through the website starting on Aug. 15.
The announcement came after a woman who rented out her home in San Francisco reported returning in June to find it ransacked and her personal property missing.
Chesky apologized to the woman, who has not been identified, and said the San Francisco-based company should have responded to her case faster and “more sensitively.”
Most Read Business Stories
- Newbies discover penny stocks, and 1 trillion shares get traded in a month
- Does it make sense to pay off your mortgage early?
- Why finding workers is getting harder for U.S. homebuilders
- From crack cocaine to Mar-a-Lago: The unusual journey of the MyPillow man
- 'Make or break': Washington business groups lobby for tax cuts, easing of COVID-19 restrictions
He says San Francisco police have taken a suspect into custody.