You must book by Jan 17 and your stay must be on or before March 31.
The discount is valid only for guests who have never completed a booking on Airbnb (e.g. new users).
I used a similar service (Wimdu) when I stayed in NY for only $100 a night. Great value for money (hotels in NYC are a rip-off).
I tested this with a local property (Fitzroy) and it worked fine (went to final step but didn't book, obviously). Highly recommended for cities with ripoff hotel rates (anywhere in Australia, NY, London, etc.).
Explanation of what Airbnb is. Recent article from the SMH
T&C:
The discount is valid only for guests who have never completed a booking on Airbnb. To receive the discount, you must book via the Airbnb website with promo code ONENIGHT and successfully complete Airbnb's Verified ID process prior to booking. You must complete a booking (including host acceptance) using the code between 12:00am PST (California time) on January 13 and 11:59pm PST (California time) on January 17. The discount applies to one night of your stay up to a maximum of USD$300. The cost of “one night” is calculated by averaging the base reservation rate for each night, excluding taxes or other fees charged by your host, such as cleaning fees. Your stay must be at least two nights in length at the same listing, and must begin no later than 11:59pm PST (California time) on March 31, 2014. Limit one discount per new user. The offer is valid for a single use and is not transferrable to another user or redeemable for cash. If your booking later qualifies for a refund, the maximum refund you may receive is the amount you actually paid. The code cannot be used for bookings made through Airbnb’s mobile apps. The code may not be combined with another Airbnb coupon or discount code. Host payouts will not be affected by permissible guest use of the code. Airbnb reserves the right to any remedy, including denial of the discount or cancellation of your account or reservations, if fraud, tampering, violations of Airbnb's Terms of Service or technical errors are suspected.
Via [Dealswelike via onenightairbnb]
The discount is valid only for guests who have never completed a booking on Airbnb….