Having used “instant book” online my host then requested double the rate. I refused and was refunded the sum paid plus given a 10% discount on my next Airbnb booking. I made another booking immediately and paid £673… relatively onerous cancellation terms for me. Five months later that host then requested double the rate paid. I refused, and the host cancelled. Such hosts suffer a modest cost penalty imposed by Airbnb and that particular period booked for that property can no longer be booked through Airbnb. The guest receives a full refund and a 10% discount on their next booking. This is totally inadequate compensation for wrecked travel plans so long after the initial booking. Why does Airbnb not provide some financial compensation for holding a good chunk of money for so long? I have unsuccessfully sought some financial redress from Airbnb but keep getting the same standard responses. Airheads! Potential bookers: be aware of what might lay ahead. Hosts might cancel late in the day if they get a better offer.