Maintain Guest Rate Before Automatic Pricing Update

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.