Chesky said that the company would undertake a year-long project to ensure that every home listed on the platform is accurately advertised. As a stopgap measure, the company will “rebook the guest a new listing of equal or greater value” or completely refund them starting next month should the rental they booked not meet the company’s accuracy standards.
“Starting now, verification of all seven million listings on Airbnb will commence,” Chesky said. “We believe that trust on the Internet begins with verifying the accuracy of the information on Internet platforms, and we believe that this is an important step for our industry."
Simple arithmetic shows that 7,000,000 divided by 365 equals 20,000 verifications per day.
Good luck with that one old chap.