A cancellation policy that allows guests to cancel their booking with a full or partial refund, subject to certain conditions.
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Glossary Term: Flexible Booking
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A reservation strategy where guests can book any available dates within a given period, often used for extended stays or flexible travel plans.
A booking without a predetermined checkout date, allowing guests to stay as long as needed. Often subject to minimum stay requirements and requires clear communication with the host.
The ability for hosts to tailor their pricing and booking terms for specific guests or situations, such as offering discounts for longer stays or last-minute bookings.
Allowing guests to book a portion of a night, offering flexibility for travelers with unconventional itineraries or those needing accommodation for a shorter period.
The period before a guest’s scheduled arrival date during which they can cancel their reservation without incurring any financial penalties.
Cancellation policies that offer guests varying degrees of flexibility and refunds based on the timing and circumstances of their cancellation.
A pricing option offered by some hosts that allows guests to book a short-term rental for a portion of the day, typically for a few hours, at a reduced rate compared to an overnight stay.
The terms and conditions that outline the penalties or refunds associated with canceling a reservation, typically varying in flexibility depending on the time frame and platform policies.