I have a guest who booked to stay for a month from mid November to mid December and we agreed on a special offer. Now he has to amend his dates because his work visa didn't get approved, however that's still up in the air. He's sent a request to extend the booking from mid-December to mid-January, however, I can fetch double the rental over the holiday period. I've sent him a request to change the dates, but with a new pricing, and he's just sitting on the request.
So now I have a month of dates blocked out as unavailable, and he's not actioning the cancel request or accept new terms.
If I cancel his booking outright, then I'll get penalized and look bad for canceling last minute. But every day he delays responding is another day of no tenancy. What power do we have as a host in this situation to cancel his booking and unblock those nights?
Apologies if this has been asked before, I did try searching for more info/hosting rules and reguations, and appreciate your help and guidance to this particular case. Thank you!!!