The terms and conditions that dictate the refund amount a guest is entitled to if they cancel their booking. Policies range from flexible to strict and can impact booking rates.
Glossary Term: Booking Cancellation
The terms and conditions that outline the rules and penalties for guests canceling their bookings, protecting both hosts and guests.
A set of rules and conditions that determine the refund amount a guest receives if they cancel their booking.
Offering a flexible and guest-friendly refund policy for short-term rentals, providing peace of mind to potential guests and increasing booking confidence.
A situation where a guest makes a booking but then stops all communication with the host, often without checking in or providing a reason for cancellation.
Outlines the terms and conditions under which a short-term rental agreement can be canceled, including potential penalties or refunds.