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[–]tinkerbellx3 0 points1 point  (1 child)

I'm a newer host and just took a reservation over Christmas for a low price. I'm so bummed. We had carefully set up all our peak & off peak pricing, but somehow it went back to Airbnb setting the pricing range. We had no idea it switched until the request came in. We could've rejected it, but we just bought this property and are too new to Airbnb to turn people away. We really want to climb up in the placement ranks so can't really say 'no'. Just saying this because something like this might have happened to your host and through no fault of their own, got their pricing changed. Its not something that we think to check everyday, because we set pricing the way we wanted and didn't anticipate that it would change. But, we took the hit and hopefully the renters are fabulous and appreciate the great deal that they are getting.

[–]nomadchica 0 points1 point  (0 children)

That sucks :/ In my case, the guy accepted the reservation and THEN told me the price was too low...it's one thing not realising about a new pricing system, but he should have checked the price before accepting my reservation, as that then meant we were both locked in (it was a long term cancellation policy). He then claimed he didn't know that I would get zero money back if I cancelled after he accepted the request. Completely irresponsible host. If he'd said 'look, I'm sorry, actually I didn't realise the place would be priced that low' and rejected my request, I wouldn't have minded at all, and quite possibly would have considered a higher price. I just can't stand dishonesty and/or total disregard for guests. TBH I don't buy for one moment that it was all a mistake - I think he's a manipulative jerk who does this a lot (advertises the place at one price and then hikes it up when someone has already spent time and effort discussing details) and this time it backfired on him.

In your case, it sucks that your profit is going to be so low, but perhaps they only took a chance on a new place because of the super low price. Hopefully it will go well and then you'll have a good rating!