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I had an experience of this - a cancellation, then another booking dropped in, only for them to instantly cancel - this happened 3 or 4 times (new booking/instant cancellation) then another booking that did "stick". The guests were very unhappy with what they got, complained in 2 A4 pages to me, adding that they felt "duped". I wondered if they had been re-routed (as it were) from a very different property. I ended up giving a large refund - so not a good experience.