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This is only the tip of the iceberg, though. AirBnB hosts are doing hospitality business without having to obey any hospitality law. Also there are a lot of black sheep that occupy multiple flats in best locations so people that actually want to live there don't find a place to live. And the company AirBnB doesn't do anything about that as they only see the money rolling in.

A friend had her Christmas ruined by this shit last year. Host cancelled less than 48 hours before the date, and the refund for the original price was nowhere near enough to book another place on that short notice.

In extreme cases, Airbnb will try to book you a hotel if they can’t find a suitable home to replace the cancelled one with.

eh, I had an AirBnB in Houston, TX in the summer with no AC. We left before the first night, and AirBnB wouldn't even give me my money back, much less a suitable place to stay.

They aren't an honest company, they're just burning through goodwill.