New Airbnb extended cancellation

[John Underwood]

Message from Airbnb below

Its just insurance that the guest can purchase and if they cancel during this extended period you would still get paid. I don't see a down side to this.

Thoughts?

Introducing extended cancellation

Starting June 3, we’re testing a new policy option called extended cancellation, where guests can add more flexibility and your earnings will be protected. This allows guests to pay Airbnb for free cancellation up to 24 hours before check-in.

This doesn’t change your cancellation policy. If a guest cancels during the extended window, you’ll still be paid according to your existing policy.

Hosts who offer flexibility typically earn more, and many guests say it’s a key factor when choosing a place to stay.

[Nancy Bachety]

I think it gives us a stronger out when guests have an extenuating circumstance and ask for a refund. 
“Did you buy extended cancellation?”