Cancellation of reservation during the Christmas and New Year period

[Carmen60]

My listing allows instant booking. Is there penalty for cancelling a reservation placed through instant booking? 

You see, at all times of the year, I prefer instant booking. New Year's Eve in Sydney is a very special occasion, at that time of the year. Many visitors visit Sydney to view the New Year's Eve fireworks! I hope to secure a more attractive reservation - longer stay.

For the last week of the year and first week of the NEW year, I prefer booking enquiries or reservation requests. I believe that cancelling reservations placed during these 2 weeks of the year without (any) penalty is only fair to the host.

Can I decline booking enquires or reservation requests?
https://www.airbnb.com.au/help/article/360/can-i-decline-booking-inquires-or-reservation-requests

[Sora0]

I got an instant booking reservation confirmed too during CNY which i have blocked it. Cancel a booking for instant booking still will have penalty. for first timer, you can contact airbnb to waive off the penalty but subject to approval.