We (a family of four) were travelling to New York for the first time. We tried to make bookings on the Airbnb site, but many hosts either did not reply or refused. The response time from hosts was a minimum of 48 to 72 hours. We then chanced upon a place on East 13th Street, Manhattan which was reasonably priced. We paid up in full two months (for our 5-night stay) before our proposed trip. We confirmed with the host the night before check in. We had an email also from Airbnb. Eight hours before check in, we get an email from Airbnb cancelling our reservation. The host informed us that the reservation was cancelled abruptly by Airbnb. We could not find a reasonably priced hotel. Airbnb was of no help. They just refunded the money after two months. We lost money on the exchange rate and conversion charges for no service provided. You are pushed in a loop on their website trying to contact them for a resolution.