For the second time in the last month, I have had a guest cancel within 48 hrs of confirmation. One was for 6 and one was for 12 guests.
In each case, I spent a lot of time, with messages back and forth as inquiries before booking. These continued after confirmation, (and, of course, the listing was off the market at a peak time). Then the guests cancelled because they found a hotel instead.....
I did speak to AirBnB and they said they would add my request to suggestions.
So, just putting it out there to other hosts: I would like to see a flat rate (maybe at the discretion of the host or in consultation with AirBnB) that could be charged for compensation on any cancellation. Even $50 or a percent of booking.
Another word to hosts, I have learned through these cancellations not to give out directions or other information until after maybe 3 days (also as recommended by AirBnB).