re: Airbnb cancelled and no hotel room??

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I have multiple friends who have had this happen with airbnb

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It's happened to me too, once out of the many times I've used it.

Again, they put in deterrents so the hosts will not, but it's not going to be perfect. But it's also up to the renter to do their diligence and book a place with good reviews and not many cancellations. Cancellations are automatically put in their reviews.

And as the poster below you noted, this can happen at hotels too.