FOX Business Flash top headlines for February 28
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Airbnb said on Monday it will offer free temporary housing for up to 100,000 refugees fleeing Ukraine after Russian forces invaded the country last week.
The help will come through the company's nonprofit affiliate, Airbnb.org, which facilitates temporary stays for people in moments of crisis. Airbnb CEO Brian Chesky and other company executives sent letters to the leaders of Poland, Germany, Hungary and Romania offering help for the refugees.
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"The greatest need we have is for more people who can offer their homes in nearby countries, including Poland, Germany, Hungary and Romania," Chesky said in a tweet early Monday morning.
Airbnb.org plans to work closely with their governments in order to support "the specific needs in each country, including by providing longer-term stays," according to the company.
AIRBNB OFFERS TO HOUSE 40K REFUGEES AFTER REACHING ORIGINAL GOAL, CEO SAYS
To date, the U.N. estimated that more than 500,000 people have already fled Ukraine and are seeking refuge in neighboring countries. Long lines of cars and buses were backed up at checkpoints at the borders of Poland, Hungary, Slovakia, Romania and non-EU member Moldova.