Problem Statement:
- Guests are cancelling their stays shortly before the free cancellation period expires to rebook at a lower rate, as automatic pricing decreases the rate closer to the stay date.
Current Workaround:
- No specific workaround mentioned; the host is currently losing revenue due to this behavior.
Impact:
- Loss of revenue and operational frustration when guests exploit automatic pricing drops to lower their costs.
Proposed Solution:
- Implement a way to lock in or maintain the original guest rate for a short period (e.g., one additional day) before automatic pricing updates apply to that specific booking.
Unlock:
- Hosts can prevent revenue loss from strategic cancellations and rebookings while still benefiting from automatic pricing for new bookings.