To cancel or not to cancel?

[Little-Shiva0]

When I opened my calendar for bookings (in early March, I think), smart pricing was suggesting prices much lower than the going rate during high tourist season. I switched to manual pricing on my two listings and thought everything was ok. 

I got one booking for July at the price I had set, but it wasn’t until I had already greeted my second guest via message that I realized there had been a horrible mistake.

The lowest I would rent my house for in August is 100 euros per night, but she snapped up five nights at 60 euros per night.

War had  just broken out in Ukraine, I was busy with house renovation and other worries, so I let this slide and chalked it up to a learning experience for me. I think what might have happened is that when I clicked the button to submit the price change, it didn’t take, and stayed in smart pricing.

Now over a month has gone by and I’m kicking myself for not having spoken up sooner. The reservation is for mid-August: is there any way I can politely try to raise the price? Is this even ethically ok?

This listing is how I earn my living. What would you do in this situation?

[M199]

@Little-Shiva0 

There is little that you can do.  You have a legally binding contract with the guest.  If you cancel you will likely be fined or worse from Airbnb.

[Pat271]

@Little-Shiva0  Mark me down in the “take your lumps” group. I know it’s painful, but it’s the right thing to do.

[Helen744]

@Little-Shiva0 not much that you can ethicallly  as you say,but as someone mentioned in another post . Ten days before a holiday and ten days after can have rates raised usually , so try and make it up from those other days . Raise your rates a little all over for that three week period and remove any discounts . Also you will have to probably work harder to justify those increases . Good Luck H

[Little-Shiva0]

Thanx everyone. Yeah, I'll just take my lumps! Good idea about raising prices a bit on each end, thanx!