A cancellation policy that allows guests to cancel their reservation for a full or partial refund, depending on the time frame and circumstances of the cancellation.
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Glossary Term: Cancellation Policy
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A legally binding agreement between the host and the guest outlining the terms and conditions of the stay.
The percentage of bookings that are canceled by either the host or the guest within a specific timeframe.
Outlines the terms and conditions under which a short-term rental agreement can be canceled, including potential penalties or refunds.