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A comment on Booking.com cancels $4K hotel reservation, offers same rooms again for $17K. Parent comment
It shouldn’t be a problem ever.
It’s a mutual agreement.
The free cancellation is provided to one side in exchange for booking. If the booking wasn’t cancelled it would be charged.
The booking agency could limit it to one booking per person but it could miss out in group bookings.
If there was a way to lock in the rates that might be an option.
This is possibly an overly simplistic ai optimization agent gone wild.
Detailed pricing models for airfare and hotels around events have existed for a very long time.
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It shouldn’t be a problem ever.
It’s a mutual agreement.
The free cancellation is provided to one side in exchange for booking. If the booking wasn’t cancelled it would be charged.
The booking agency could limit it to one booking per person but it could miss out in group bookings.
If there was a way to lock in the rates that might be an option.
This is possibly an overly simplistic ai optimization agent gone wild.
Detailed pricing models for airfare and hotels around events have existed for a very long time.