Can I cancel a hotel booking and rebook at a lower price?
In short
- Yes - if your existing booking has free cancellation, you can rebook the same room at the lower price and cancel the original.
- Book the new rate first - the cheaper rate could sell out, leaving you without either booking.
- Don't cancel a non-refundable booking just to rebook - you'd forfeit the original payment in full.
How to do it safely
Step 1 - Verify the new price holds
Confirm the lower rate is for the same room, dates, and refund policy. Sometimes "cheaper" rates are actually a smaller room or non-refundable terms.
Step 2 - Book the new rate
Complete the new booking and get the confirmation in writing. On trip1 you'll receive an email with the new booking reference.
Step 3 - Cancel the original
Once the new booking is confirmed, cancel the old one. trip1 sends the refund back to your wallet via CoinGate within 24-48 hours.
Why this rarely helps with non-refundable bookings
Non-refundable bookings forfeit the full amount on cancellation. The new rate would have to be cheaper by more than the entire original booking - which essentially never happens. Hold on to the original.
Related articles
Cancel and rebook at a lower price - FAQ
Yes, if your existing booking has free cancellation. There's no penalty for cancelling and rebooking the same hotel at a better rate.
The lower rate could sell out before you rebook. Book the new rate first, then cancel the original.
Some do, but it's not standard. trip1 doesn't price-match - cancelling and rebooking on a free cancellation rate gets the same result without paperwork.
Don't cancel it - you'd forfeit the full amount. The cheaper new rate would have to save more than the loss, which is rare.
Still need help?
Our support team is ready to assist you with any questions.
Related Articles
Can I cancel a trip1 booking made for someone else?
Yes - you can cancel a trip1 booking you made for someone else. The refund goes back to your crypto wallet, not to the guest.
Read moreHow late can I cancel a hotel booking on trip1?
Cancellation deadlines on trip1 are set by each hotel - usually 24-48 hours before check-in. The exact date and time appears on your confirmation.
Read moreHow to get a hotel refund after cancelling a booking?
Refunds for cancelled hotel bookings go back to the original payment source. trip1 sends crypto refunds via CoinGate within 24-48 hours.
Read moreCan I cancel a non-refundable booking on trip1?
You can cancel a non-refundable trip1 booking, but you forfeit the full amount. Hotels sometimes grant exceptions for genuine emergencies.
Read moreStill need help?
Our support team is ready to assist you with any questions.