A reimbursement issued to a guest through the Stripe platform, typically in case of cancellations, booking changes, or security deposit returns.
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Glossary Term: Cancellation
13 posts
Refers to the rental policies set by hosts or property managers that are designed to be flexible and accommodating to guests, such as flexible cancellation policies or pet-friendly rules.
A policy outlining the consequences for guests who book a short-term rental but do not show up, typically involving partial or full payment forfeiture.
The terms and conditions that outline the penalties or refunds associated with guest cancellations, protecting both hosts and guests.
The terms and conditions outlining the cancellation policy for a short-term rental booking, including refund options and deadlines.
A situation where a host accepts a higher offer from another guest after already accepting a booking, often leading to cancellations and guest dissatisfaction.
The terms and conditions that dictate the refund amount a guest receives if they cancel their booking, ranging from flexible to strict.
A cancellation policy that allows guests to cancel their reservation and receive a full or partial refund up to a certain point before their scheduled arrival date.
The terms and conditions that dictate the refundability and penalties associated with canceling a confirmed booking.
The terms and conditions outlining the consequences for both hosts and guests in the event of a booking cancellation, including potential fees and refunds.
The terms and conditions that outline the penalties and refunds for guests and hosts in case of booking cancellations on platforms like Airbnb and VRBO.
A set of rules that determine the refund amount a guest receives if they cancel their reservation, ranging from flexible to strict.